Fabrinet Beats and Raises as AI Optics Demand Keeps Accelerating
Fabrinet capped a quiet after-hours session with a beat-and-raise quarter, posting 45% revenue growth on surging AI and data-center optics demand and guiding even higher into fiscal Q1. AstraZeneca halted another late-stage trial and Alibaba shed its gaming unit for $2 billion+, on a night unsettled