MarketWatch

The photonics company’s stock has run up more than 70% this week on speculation of a major hyperscaler partner, even as short sellers warn of a “tax nightmare.”

Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.

Shares of CSX jumped after hours on Wednesday after the railroad giant raised its sales outlook for the year, as more businesses choose rail to save on fuel costs in the wake of the Iran war.

For travelers, the disappearing flights are translating into fewer route and connecting options, and of course higher fare prices.

The move, which could open up medical research on cannabis as well as banking services for growers, follows an executive order to reclassify the substance in December.