Why Lumen Technologies Sank Today
Yahoo Finance ·
Shares of Lumen Technologies ( LUMN -11.74% ) plunged 12.9% on Thursday, as of 1:35 p.m. EDT. Lumen reported earnings today, but its mixed results were almost beside the point. The entire AI sector, including semiconductors, networking, and the "pipes" on which AI runs, including Lumen's fiber network, sold off hard today amid fears that Democrats will stop or slow the progression of AI innovation and the data center build-out.
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