LUMN Stock Recent News

Thousands of New Mexico students to benefit from classroom connectivity DENVER , Aug. 15, 2024 /PRNewswire/ -- The New Mexico Office of Broadband Access and Expansion recently selected Lumen Technologies (NYSE: LUMN) to provide nearly 900 miles of high-speed fiber connectivity to K-12 public schools around the state, including charter and tribal schools. Connecting the first school The company is participating in a ribbon-cutting ceremony today with state education and broadband officials at Albuquerque's 21st Century Public Academy, which is the first school to be connected to the New Mexico Statewide Education Network.

It is starting to look like last week's market meltdown was not the beginning of a broad-based collapse. Although fear of a U.S. recession, concern over the melt-up in AI-powered tech stocks and the unwinding of the yen carry trade all contributed to the market turmoil, stocks quickly rebounded and the S&P 500 closed out the week largely unchanged.

Lumen Technologies, Inc. (NYSE:LUMN ) TD Cowen 10th Annual Communications Infrastructure Summit Conference Transcript August 13, 2024 5:40 PM ET Company Participants Dr. Satish Lakshmanan - Executive Vice President and Chief Product and Strategy Officer Conference Call Participants Greg Williams - TD Cowen Greg Williams All right. Let's get started.

Fresh off a record daily stock gain, Lumen Technologies Inc. reported earnings and refreshed its outlook for the full year Tuesday.

Lumen was a distressed, declining telecom coming into 2024. But AI is sparking a new surge of demand for data center networking.

Shares of Lumen Technologies (LUMN) are soaring largely due to its partnership with Microsoft (MSFT), among other companies, which will use Lumen to expand and improve its data centers as AI demand continues to surge. Lumen Technologies CEO Kate Johnson joins Market Domination to the partnership and Lumen's AI initiatives.

Lumen beat sales expectations but posted a bigger-than-expected loss in Q2. The real standout in the report was a big increase for the company's full-year free-cash-flow target.

Kate Johnson, Lumen Technologies president and CEO, joins 'Closing Bell Overtime' to talk what's behind the stock's massive climb and where the company fits into the larger AI conversation.

Aurora Cannabis Inc (NASDAQ:ACB) and Lumen Technologies Inc (NYSE:LUMN) are this week's picks for Schaeffer's Cheap Seats : Stocks Under $20 segment.

Shares of Lumen Technologies surged 30% on Wednesday, extending gains from the previous session, after the telecommunications company boosted its annual free-cash-flow forecast due to demand related to artificial intelligence.