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Dec 11, 2025 12:40 PM

Crude Oil Down 2%; Ciena Posts Upbeat Earnings

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 100 points on Thursday.

The Dow traded up 1.34% to 48,703.91 while the NASDAQ fell 0.57% to 23,519.07. The S&P 500 also rose, gaining, 0.01% to 6,886.94.

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Leading and Lagging SectorsMaterials shares jumped by 2.3% on Thursday.

In trading on Thursday, information technology stocks fell by 1.1%.

Top Headline

Ciena Corp (NYSE:CIEN) reported better-than-expected fourth-quarter results and issued upbeat first-quarter sales guidance.

The company reported a quarterly revenue growth of 20.3% year-on-year to $1.35 billion, beating the analyst consensus estimate of $1.29 billion. The American telecom networking equipment and software services supplier reported adjusted EPS of 91 cents, beating the analyst consensus estimate of 77 cents.

Equities Trading UP           

Black Titan Corp (NASDAQ:BTTC) shares shot up 73% to $5.73 after the company unveiled its Digital Asset ...