Ciena Corporation is a global technology company that specializes in networking solutions, enabling the efficient transfer of data across telecommunications networks
Through its innovative optical and software-based platforms, Ciena helps service providers and enterprises optimize their network performance, enhance reliability, and manage increased bandwidth demand. The company focuses on delivering solutions for areas such as wavelength division multiplexing (WDM), packet networking, and automation, supporting a range of applications from cloud computing to the Internet of Things (IoT). Ciena's products and services empower its customers to improve connectivity and drive digital transformation in the rapidly evolving communications landscape.
The brokerage noted that Ciena will see a limited impact on its fundamentals in the near-to-medium term, thanks to “continued strong” spending in the cloud and telecom sectors.
In their latest note, BofA analysts underscored their bullish thesis on the Arista Networks stock by highlighting that the company could be a significant beneficiary from the surge in demand for networking infrastructure fueled by generative AI.
Southern Cross Cable Limited (“Southern Cross”) has connected the world’s first transpacific 1 Tb/s single-carrier wavelength across its 13,500km live production network with Ciena’s (NYSECIEN) WaveLogic 6 Extreme (WL6e) coherent optics. The connectivity milestone saw WL6e perform effortlessly at 1 Tb/s over the world’s longest single optical submarine cable segment and demonstrates the adaptive nature of Southern Cross’ network.
GREAT FALLS, MONTANA / ACCESSWIRE / January 8, 2025 / Vision Net, a leading provider of network and technology solutions for carriers, enterprise businesses, healthcare organizations, and educational institutions, announced a series of significant network upgrades aimed at increasing bandwidth options for clients. The upgrade introduces the Mountain West region's first 800Gb/s network, setting a new benchmark for speed, capacity, and reliability.
Ciena® Corporation (NYSECIEN) today announced its expected participation in the following upcoming event with the financial community. This event will be webcast live and recorded. Archived versions will be made available approximately 24 hours following the conclusion of the live event in the Events & Presentations page of the Investors section of Ciena’s website.
Broadcom, Ciena, YPF, Warner Bros. Discovery, Tesla, Rubrik, Amer Sports, Rivian, Boeing, Astera Labs, Alphabet, and Arm were top performers last week.
Stocks are struggling for direction at midday, after this morning's hotter-than-expected PPI reading and initial jobless claims that rose to a two-month high of 242,000.
