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Optical communications leader Lumentum reported Fiscal 2026 Q4 results: revenue of $1.01 billion, up 109.3% year-over-year.

1 hours ago

U.S. optical communications leader Lumentum released its fiscal 2026 fourth-quarter results, reporting revenue of $1.01 billion, a year-on-year increase of 109.3%. Adjusted earnings per share (EPS) came in at $3.23, beating the consensus estimate of $2.97, while adjusted gross margin reached 50.4%, exceeding expectations of 48.8%. For full fiscal 2026 results: Net revenue totaled $3.01 billion, with a U.S. GAAP net loss of $6.9 billion, or a diluted loss per share of $92.96. The GAAP net loss was mainly driven by the equity conversion of some convertible bonds in the fourth quarter, which resulted in a one-time non-cash debt extinguishment loss of $7.8 billion. Non-GAAP net profit for fiscal 2026 stood at $782.3 million, or diluted EPS of $8.67. As of the end of fiscal 2026 Q4, the company held total cash, cash equivalents and short-term investments of $2.7 billion, up $1.9 billion from the end of fiscal 2025. According to market data from BIT (bit.com), Lumentum closed 0.87% higher, and rose an additional 2.2% in after-hours trading.

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Morph launches enterprise-grade stablecoin payment platform Morph Payments

Morph Network has officially announced the launch of Morph Payments, an enterprise-grade stablecoin payment platform positioned to serve global business needs. Enterprises can register via email; once a payment link is generated, customers can settle stablecoin payments using any wallet and network, with funds arriving in seconds. Recipients may select their preferred blockchain network to receive funds, while the payment side supports both one-off and bulk transfers to suppliers, employees, or contractors. Morph Network noted that the platform is purpose-built for real-world business scenarios, covering end-to-end global capital flow requirements from collection to disbursement.

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Ethereum ICO participant wakes after 11 years, moves 2,680 $ETH ($5.04M) from $831 investment — 6,068x return

An #Ethereum ICO participant "0xB749" transferred all 2,680 $ETH($5.04M) to new wallets after being dormant for 11+ years. He invested only $831 in the ICO and received 2,680 $ETH — now worth $5.04M, a 6,068x return!

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Four whale addresses have aggressively opened short positions on Bitcoin at the $64,000 level, with the total value of these positions reaching $340 million.

According to EmberCN’s monitoring, four large whale addresses have recently opened concentrated short positions on Bitcoin near the $64,000 level, totaling $340 million in value. Details of the positions are as follows: Address 1 shorted 1,792 BTC worth $114 million at an entry price of $63,999; Address 2 shorted 1,576 BTC worth $100 million at $64,038; Address 3 shorted 1,200 BTC worth $76.45 million at $64,418; Address 4 shorted 806 BTC worth $51.35 million at $64,398.

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South Korea plans to inject up to 1 trillion won into its sovereign wealth fund for strategic industries including AI next year.

Gyeong-seol Min, head of the Innovation Growth Division at South Korea’s Ministry of Economy and Finance, stated that South Korea plans to allocate between 600 billion won (approximately $424 million) and 1 trillion won (around $707 million) in new funds next year to a new sovereign wealth fund targeting strategic industries such as AI. The final investment amount could exceed initial expectations, depending on the specific targets selected and their funding requirements. Min added that there are currently no plans for the fund to make direct investments in Samsung Electronics or SK Hynix. In July this year, the South Korean government announced it would establish a new "Strategic Industry Investment Account" under the Korea Investment Corporation (KIC), with initial funding of at least 20 trillion won (approximately 94 billion yuan). The fund’s investment scope includes AI, semiconductors, data centers, core overseas supply chain enterprises, and other related sectors. The government plans to officially launch and operate the "Korea-style sovereign wealth fund" next year, which will also target infrastructure such as robotics, energy, batteries, and power grids. Nuclear energy, space, and quantum technologies are also under consideration for inclusion.

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Abraxas Capital’s associated wallet cluster holds a total of 1,379,200 XAUT tokens, valued at approximately $600 million.

According to monitoring by OnchainLens, Abraxas Capital has transferred its holdings of 101,000 gold tokens XAUT, valued at approximately $43.92 million, to another wallet. Over the past three days, the firm has moved a total of 254,000 XAUT (around $110.46 million) between two wallets, with the majority of its XAUT holdings originating from Bitfinex. The total holdings of its associated wallet cluster stand at 1.3792 million XAUT, worth roughly $600 million.

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South Korea's KOSPI index extended its early-session gains to 2%, with Samsung Electronics rising 4% and SK Hynix up 2%.

According to Bitget market data, South Korea’s KOSPI index extended its early-session rally to 2.00%, with Samsung Electronics gaining 4% and SK Hynix rising 2%.

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