The 7th Trillion Dollar Company?
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
About Infinera Corporation
Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical WDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks. The company provides Infinera Cloud Xpress Family that is designed to meet the needs of internet content providers (ICPs), communication service providers, internet exchange service providers, enterprises, and other large-scale data center operators; Infinera DRX series for routers; and Infinera 8600 series for SDN-ready Internet Protocol/MPLS routers. It also offers Infinera CNOS, a hardware-independent network operating system; Transcend software suite; and system software and customer support services. The company also serves telecommunications service providers, ICPs, cable providers, wholesale carriers, research and education institutions, large enterprises, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. The company was incorporated in 2000 and is headquartered in San Jose, California.
General
| Name | Infinera Corporation |
| Ticker | INFN |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Communication Equipment |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 3,050 |
Highlights
| Analyst Target | 10.38 |
| Market Cap | 2,078,083,584 |
| PE Ratio | -18.76 |
| PEG Ratio | -0.76 |
| EBITDA | -127,104,000 |
Share Stats
| Shares Outstanding | 203,036,992 |
| Shares Float | 198,440,039 |
| Shares Short | 29,123,629 |
| Insider Holdings | 253% |
| Institution Holdings | 90.64% |
Highlights
| Analyst Target | 10.38 |
| Market Cap | 2,078,083,584 |
| PE Ratio | -18.76 |
| PEG Ratio | -0.76 |
| EBITDA | -127,104,000 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 1.44 |
| Price/Book (Most Recent Quarter) | 4.92 |
Earnings
Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival
On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.
8 Large Cap Stocks That Outperformed Nvidia Over The Past Year
Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.
Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad
See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.
XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year
China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.
Petrobras New CEO Vows To Fuel Brazil's Growth Engine: Report
New CEO of Petrobras, Magda Chambriard, aims to boost Brazil's economy and profitability. No further management changes expected.
Biden Out By August 19? - Ad
A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.
Biden Vs. Trump Matchup In Key Swing State Of Arizona Shows One Candidate Pulls Ahead With Appreciable Lead, But This Demographic Could Tip The Scale For Either Candidate
The 2024 election is shaping up to be one of the most closely contested, even though neither of the presumptive candidates inspires much confidence among voters.
Michael Dell Says Generative AI Tech Wave Sweeping In Much Faster Than Early Internet: 'It's Happening Maybe 10 Times Faster'
Michael Dell, CEO of Dell Inc., compared the rise of generative AI to major technological advancements like the internet, noting its rapid adoption and significant impact on the global market.
Blundering Biden OUT As Dem Nominee? - Ad
Biden's days are numbered! According to a former CIA and Pentagon insider... Biden's about to drop out of the presidential race by August 19! He also reveals Biden's replacement candidate... A guy the Democrats think could actually beat Trump in November.
Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets
Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.
China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars
BEIJING (AP) — The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to on China-made electric vehicles.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Micron Technology Stock Drops Over 5% In Pre-Market Despite Beating Q3 Revenue Estimates — Here's Why
The recent sell-off could be due to minor profit booking after stellar results.
Nvidia Insiders Cash In Over $700M This Year As Jensen Huang $3.2 Trillion Chip Empire Continues To Swell (UPDATED)
Despite the numerous insider sellers, buyers have been scarce.
Get This Bitcoin ETF Before July 29 (18%+ Dividend Yield Up for Grabs) - Ad
A massive Bitcoin dividend was just announced... And if you act today, you'll receive $2.05 per SHARE. That's 161% BIGGER than the highest-yielding dividend aristocrats... But you have to get in before the July 29 cutoff date.
Applications Are Open: Kentucky Set To Roll Out Medical Cannabis In 2025
Kentucky opens applications for medical cannabis permits, targeting early 2025 rollout. Details on participation for businesses and patients
Rapper 50 Cent Allegedly Caught In Crypto Scam Defrauding Users Of $300 Million In Just 30 Minutes
The social media account X of renowned rapper 50 Cent was allegedly compromised, leading to a multimillion-dollar memecoin scam.
Dem Election Plot To Create "Chaos Rally" Phenomenon? - Ad
A former CIA insider now predicts Biden dropping out August 19th... Will create the rare Chaos Rally profit opportunity... that could "turn the tables" on the Dem election plot to potentially collect huge financial gains. This kind of wealth-building event has only happened 3 times in American history.
Cathie Wood's Ark Invest Acquires $7.3M Worth Of Shares In This Promising Netflix Competitor, Sells Off Coinbase Stock Amid Bitcoin Slump
On Wednesday, Cathie Wood-led Ark Invest made significant trades in Roku Inc (NASDAQ:ROKU) and Coinbase Global Inc (NASDAQ:COIN), amidst a volatile market.
Scaramucci Says Democrats Have To 'Switch Up Their Strategy Immediately' After Biden's 'Brutal' Debate Performance: 'Trump Will Win On Nov. 5 Unless ...'
Scaramucci says time might be running out for Democrats if they want a fair chance of putting up a good show in the Nov. 5 election.
The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad
This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".
Ralph Lauren goes with basic blue jeans for Team USA's opening Olympic ceremony uniforms
NEW YORK (AP) — When walks with the world’s athletes at the they’ll be doing so in snappy tailored navy blazers from Ralph Lauren — and blue jeans.
A Leading Tech ETF Is Shifting The Balance From Apple To Nvidia With A Massive $23 Billion Stake Exchange As Nvidia's Stock Skyrockets By 164%
A major technology ETF is set to undergo a significant rebalance, increasing its Nvidia holdings from 6% to 21%. This strategic reallocation will involve purchasing approximately $11 billion worth of Nvidia shares.
Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad
Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.
What's Going On With Taiwan Semi Stock On Wednesday?
Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.
Canadian airline WestJet begins canceling flights as mechanics threaten to strike
Canadian airline WestJet has begun canceling some flights in anticipation of a strike by aircraft maintenance technicians, saying it wants to avoid having passengers and planes stranded if there is a walkout.
This Is Where the World's Richest Men Are Putting Their Money - Ad
Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."
Disney Goes Back To What It Does Best- Putting Emotions Into Motion Pictures
The Walt Disney Company (NYSE: DIS) is officially back on track with its newest animation hit, Inside Out 2. For its debut weekend, Disney’s newest theatrical release sold almost $300 million in total ticket sales across the globe, easing concerns that its storytelling magic is gone.
Biofuel groups envision ethanol-powered jets. But fueling the effort has not been easy
MENOKEN, N.D. (AP) — Some day, the passenger jets that soar 35,000 feet (10.6 kilometers) over Dan McLean’s North Dakota farm could be fueled by corn grown on his land and millions of other acres across the Midwest.
5 Wall Street Legends Just Bought This One Stock - Ad
"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
Supporters of bringing the Chiefs to Kansas have narrowed their plan and are promising tax cuts
TOPEKA, Kan. (AP) — Kansas lawmakers hoping to from Missouri are trying to win over skeptical colleagues by narrowing their proposal for encouraging the to build a new stadium and by linking it to a plan for broad tax cuts.
Another Blow For Kremlin? This Key Russian President's Ally Is Quitting Moscow's Rival To NATO
Armenia has announced its intention to withdraw from the Russian-led Collective Security Treaty Organization (CSTO), signaling a major blow to President Vladimir Putin's alliance strategy.
Former CIA Insider: Biden Wants Backroom Deal For Pardon? - Ad
A former CIA insider just made a stunning prediction: Is Biden making a backroom deal... To drop out of the presidential race... In exchange for a pardon for his crimes? This would create a rare economic phenomenon... The little-known "Chaos Rally". Good Americans who know exactly what to do could potentially collect huge financial gains.
Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage
The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.
Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition
The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature
Elon Musk's Chilling Warning for Humanity - Ad
Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.
Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900
Reddit users debate best stock picks for $4.9K investment. Microsoft and Amazon seen as strong choices, while Palantir's potential sparks debate.
Boeing's CEO is scheduled to field questions about plane safety from U.S. senators
U.S. lawmakers are expected to press Tuesday about the company's latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners plan to be in the room, watching him.
Something BIG's About to Happen in America - Ad
The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.
Apple 'May Be The Best Of All The Magnificent Seven From Now To Year-End,' Says Tech Investor Dan Niles
Renowned tech investor Dan Niles has made a bullish prediction for Apple Inc, foreseeing the company's ascent to the top of the 'Magnificent Seven' by the year's end.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.