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Lumen Technologies, Inc. (LUMN)
After hours:
| Previous close | 1.6400 |
| Open | 1.6900 |
| Bid | 1.7500 x 21500 |
| Ask | 1.7800 x 27000 |
| Day's range | 1.6800 - 1.7700 |
| 52-week range | 0.7800 - 2.0800 |
| Volume | |
| Avg. volume | 10,575,824 |
| Market cap | 1.797B |
| Beta (5Y monthly) | 1.14 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -10.9400 |
| Earnings date | 06 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 29 Aug 2022 |
| 1y target est | 1.49 |
PR NewswireLumen Technologies to Present at the TD Cowen 10th Annual Communications Infrastructure Summit
Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Satish Lakshmanan, Lumen's executive vice president and chief product and strategy officer, will present at the TD Cowen 10th Annual Communications Infrastructure Summit on August 13, 2024. The presentation is scheduled to begin at 5:40 p.m. ET.
ReutersMicrosoft aims to boost AI workload capacity with Lumen partnership
Microsoft said in April that a shortage of data center infrastructure needed to deploy AI models was hampering its ability to capitalize on the boom in the technology. The company has taken an early lead in the AI race thanks to its investment in ChatGPT-maker OpenAI and has been pouring billions of dollars into cloud infrastructure to maintain its edge over Google-parent Alphabet and Amazon.com. As part of the deal on Wednesday, Lumen will tap the tech giant's Azure cloud services to cut costs.
PR NewswireMicrosoft and Lumen Technologies partner to power the future of AI and enable digital transformation to benefit hundreds of millions of customers
Today, Lumen Technologies (NYSE: LUMN) and Microsoft Corp. (NASDAQ: MSFT) announced a new strategic partnership that will use the Microsoft Cloud to further drive Lumen's digital transformation. In addition, Microsoft has chosen Lumen to expand its network capacity and capability to meet the growing demand on its datacenters due to AI.
