LAZR is trading 5.16% up now at $45.82, extending its recent rally as investors rotate into photonics and optical-networking stocks tied to AI infrastructure spending.
- Alphabet’s raised 2026 capital-expenditure outlook of $195 billion–$205 billion supports demand expectations for optical components.
- Coherent’s strength reinforces the sector theme.
- Softer July jobs data improved risk appetite, lifting rate-cut expectations and growth stocks.