Feb. 10 at 1:32 PM
Same AI headline. Very different market verdicts.
If this is helpful to you, tap @NasdaqKnight
$AMZN drops ~-10% on plans for
$200B in capex.
$LITE prints a new ATH (+8%) and follows through into Monday.
Why? The Street isn’t debating whether AI spend matters — it’s pricing who captures the dollars.
Hyperscalers → capex = margin pressure
Infrastructure suppliers → capex = revenue + margin leverage
$LITE is a textbook example. Margins are already expanding, and the operating leverage story is still in early innings.
Zooming out 👇
Optical names quietly acting strong:
•
$LITE — new highs
•
$CIEN — S&P 500 inclusion breakout
•
$VIAV — steady accumulation
Even during last week’s selloff, these held above 10/20/50 EMA.
Rotation > panic.
