Lumentum to join Nasdaq-100 on May 18, likely sparking index-driven buying
Lumentum's shares have climbed sharply this year. The company joins the Nasdaq-100 on May 18, likely drawing passive inflows as index funds rebalance.
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Lumentum's shares have climbed sharply this year. The company joins the Nasdaq-100 on May 18, likely drawing passive inflows as index funds rebalance.
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LATAM lifted 2025 adjusted EBITDAR to $4.0bn despite unit costs ex-fuel rising 11.6%. Lower fuel, higher fares and $433m buybacks helped, per LTM.
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US to deploy destroyers, 100+ aircraft and 15,000 troops to escort ships through the Strait of Hormuz, freeing hundreds of vessels and easing market strain.
After Hungary's vote, markets priced a possible €18bn unfreeze of EU grants and rallied. Analysts warn tight deadlines and fiscal limits will determine how big the growth boost is.
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Australia now has nearly 25,000 shared ebikes, led by Lime's 18,000-strong fleet. Rising trips and new rules are reshaping councils, operators and commuters.
About 175 activists intercepted off Crete after a Gaza-bound flotilla allege beatings and detentions; three Australians say they began a hunger strike.
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Davie Fogarty paid $5 million for a Mermaid Waters waterfront home. The Oodie founder shifts from Adelaide to join the Gold Coast entrepreneur scene locally.