Uniting the most advanced technologies for biomechanical repair and biological augmentation Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, today announces it will showcase its unrivalled portfolio for rotator cuff repair (RCR) during the 2026 American Academy of Orthopaedic Surgeons (AAOS) Annual Meeting in New Orleans this week. RCR is a growing market segment with approximately 500,000 procedures performed annually in the US,1 yet still experiencing 20–40%2 structural failure rat ...

NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Franklin BSP Realty Trust, Inc. (“Franklin” or the “Company”) (NYSE: FBRT) securities between November 5, 2024 and February 11, 2026, inclusive (the “Class Period”). The Complaint alleges that Defendants failed to disclose to inves ...

Core Insights - Nvidia has made a $2 billion investment in Lumentum as part of a strategic partnership to enhance optics for AI data centers, indicating strong confidence in Lumentum's capabilities and market position [1] - Lumentum's Q2 revenue increased by 65.5% year-over-year to $665.5 million, with operating margins expanding by 1,700 basis points to 25.2%, showcasing robust financial performance [1] - The partnership is expected to provide Lumentum with significant revenue visibility and support its goal of achieving over $3 billion in annual revenue [1] Company Overview - Lumentum Holdings is positioned as a key beneficiary of the optics sector upcycle, driven by hyperscaler investments in AI infrastructure and the adoption of advanced datacom technologies [1] - The company specializes in high-speed optical components, including electro-absorption modulated lasers (EMLs), transceivers, optical circuit switches (OCS), and co-packaged optics (CPO) [1] - Lumentum's backlog exceeds $400 million in OCS and multi-hundred-million-dollar orders in CPO, with deliveries expected to ramp up into late 2026 and 2027 [1] Financial Performance - Lumentum's fiscal Q2 revenue reached $665.5 million, reflecting a 65.5% increase year-over-year, while non-GAAP gross margins improved to 42.5% [1] - The company anticipates Q3 revenue between $780 million and $830 million, driven by increasing demand for AI optics [1] - The investment from Nvidia is expected to bolster Lumentum's manufacturing capabilities and innovation, particularly in developing advanced transceivers and optical solutions [1] Strategic Partnerships - Nvidia's partnership with Lumentum includes multibillion-dollar purchase commitments for optical networking products, ensuring a reliable supply chain for Nvidia's AI platforms [1] - This investment mirrors Nvidia's simultaneous $2 billion deal with Coherent, further emphasizing its strategy to secure critical components for AI infrastructure [1] - The collaboration aims to enhance energy efficiency and scalability in large-scale data centers, aligning with Nvidia's vision for gigawatt-scale AI factories [1]

Question-and-Answer SessionCedric FrancoisCo-Founder, President, CEO & Director Thank you, Phil, and thank you for inviting us again to this wonderful conference. So this year is a very important year for us. Last year, we went through a phase of building a good foundation for what the next phase for Apellis will be. And right now, we have three pillars in the organization with SYFOVRE. We have a durable and resilient business where we plan to continue to provide a best-in-class therapy to patients with geo ...

Four Wall Street experts make their case for why investors should take advantage of the jolt of volatility from this weekend's attack. ...

MOUNT KISCO, N.Y., March 02, 2026 (GLOBE NEWSWIRE) -- AI Era Corp. (OTC: AERA), a leading intellectual property (IP) firm specializing in Agentic AI-powered media and movie licensing, today announced the appointment of Ahmad Moradi as its new Chief Executive Officer. Moradi will lead the company in building a comprehensive creator AI ecosystem, leveraging technologies like UFilm.ai to empower filmmakers and content creators with seamless generation, licensing, and distribution—from concept to audience. Mora ...

New deals with Nvidia are giving two stocks a big boost on Monday. Key Takeaways Related Articles Nvidia Earnings Live: Chipmaker's Results Blow Past Wall Street Estimates as Customers 'Are Racing to Invest in AI' Nvidia's Business is Booming But Its Stock Is Lagging. What Gives? Shares of Nvidia, the world's most valuable company with a market capitalization of $4.4 trillion, were up 3% Monday, but are still down for the year, despite blockbuster quarterly results released last week. CEO Jensen Huang belie ...

Key Takeaways Macy's is expected to post Q4 revenues of $7.52B, suggesting a 3.1% dip, with EPS falling 13.9%.M's Bold New Chapter strategy and luxury banners may have supported holiday traffic and sales.Tariffs, promotions and store closures likely pressured margins and weighed on profitability.As Macy's, Inc. (M) is slated to report fourth-quarter fiscal 2025 earnings on March 5, before market open, investors face an important decision on whether they should buy the stock now or hold their current positio ...

Key Takeaways Fabrinet is benefiting from synchronized AI ramps across telecom, DCI and HPC markets.FN's optical revenues rose 29% YoY in Q2, with telecom up 66.2% and DCI up 42.1%. FN expects Q3 revenues of $1.15B-$1.20B, with sequential growth in telecom, datacom and HPC.Fabrinet (FN) is riding multiple AI infrastructure buildouts that are increasingly running in parallel. That matters because it broadens the demand base, supports steadier utilization, and creates room for operating leverage even with noi ...

Key Takeaways BF.B is expected to post Q3 revenues of $999.7M, suggesting a 3.4% y/y fall, and EPS of 48 cents, a 15.8% dip.BF.B faces soft demand, lower volumes and higher input costs amid macro and currency headwinds.Brown-Forman's premiumization push and growth in emerging markets may aid its quarterly performance.Brown-Forman Corporation (BF.B) is slated to release third-quarter fiscal 2026 results on March 4. The alcoholic beverage bigwig’s revenues and earnings are expected to have declined year over ...