- nLIGHT to Participate in William Blair 46th Conference & Baird 2026
May 12, 2026
By Karen Roman
nLIGHT, Inc. (Nasdaq: LASR) said it will participate in the William Blair 46th Annual Growth Stock Conference, considered a high-profile venue where companies update investors on their growth strategy, capital allocation, and market outlook. The event will be held on June 2, 2026, in Chicago, Illinois.
The company will also participate at the Baird 2026 Global Consumer, Technology & Services Conference taking place on June 4, 2026, in New York.
About nLIGHT
nLIGHT, Inc. is a leading provider of high-power lasers for mission critical directed energy, optical sensing, and advanced manufacturing applications. Headquartered in Camas, Washington, nLIGHT employs more than 800 people with operations in the United States, Europe and Asia. The company’s vertically integrated approach enables performance leadership from laser chip through system-level solutions. For more information, please visit www.nlight.net.
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- CORRECTION - Leverage Shares by Themes Targets Market Movers Across Tech and Industrials with Nine New 2X Single-Stock ETFs
May 12, 2026
Themes ETF Trust
GREENWICH, Conn., May 12, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Themes ETF Trust, please note the management fee in the second paragraph is now 0.75% rather than 0.35% as originally issued. The corrected release follows:
Leverage Shares by Themes is pleased to announce the launch of nine new 2X single-stock leveraged ETFs, available for trading beginning May 12, 2026. Built for active traders seeking dynamic ways to engage with potentially high-growth innovators, these products are designed with the goal of helping investors amplify returns (up & down) while actively participating in the daily performance of their underlying stocks.
The new Cboe-listed ETFs are tailored to target 200% exposure to the daily performance of their underlying stocks, offering sophisticated traders and the retail investor efficient tools to help capitalize on market movements at a management fee of 0.75%.
The new ETFs are:
STXU – Leverage Shares 2X Long STX Daily ETF [Seagate Technology Holdings, NASDAQ: STX]
SNDG – Leverage Shares 2X Long SNDK Daily ETF [SanDisk Corp, NASDAQ: SNDK]
CIEG – Leverage Shares 2X Long CIEN Daily ETF [Ciena Corp, NYSE: CIEN]
CATG – Leverage Shares 2X Long CAT Daily ETF [Caterpillar Inc., NYSE: CAT]
HONG – Leverage Shares 2X Long HON Daily ETF [Honeywell International Inc., NASDAQ: HON]
AAOG – Leverage Shares 2X Long AAOI Daily ETF [Applied Optoelectronics Inc., NASDAQ: AAOI]
AMAU – Leverage Shares 2X Long AMAT Daily ETF [Applied Materials Inc., NASDAQ: AMAT]
ETNG – Leverage Shares 2X Long ETN Daily ETF [Eaton Corporation PLC, NYSE: ETN]
COHH – Leverage Shares 2X Long COHR Daily ETF [Coherent Corp, NYSE: COHR]
“This launch underscores our commitment to expanding access to high-conviction, single-stock trading strategies across a diverse set of market leaders. With these nine new 2X leveraged ETFs, we’re providing traders with precise, capital-efficient tools to actively engage with the daily performance of companies driving innovation across technology, industrials, and beyond.”– Paul Marino, Chief Revenue Officer, Themes ETFs
For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us
For media inquiries, please contact:
Arielle Shternfeld, Director, Communications and Advisor Relations
ashternfeld@themesetfs.com
+1 (860) 716-3686
About Themes ETFs:
Themes ETFs was established by the Co-Founders of Leverage Shares in 2023 to offer thematic and sector-based products in the US. Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs. For more information, visit www.themesetfs.com.
Story Continues
About Leverage Shares:
The company was launched in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant (the “Co-Founders”) and has 160+ ETPs offering both leveraged and unleveraged exposure to single stocks, ETFs and commodities across various exchanges in Europe. For more information, please visit www.leverageshares.com
INVESTMENT INVOLVES SIGNIFICANT RISK. Fund does not invest directly in the underlying stock. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about Themes ETFs. To obtain a Fund's prospectus and summary prospectus call 886-584-3637. A Fund's prospectus and summary prospectus should be read carefully before investing.
Newly launched Funds have risks associated with a limited operating history.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the underlying stock over the same period. The Fund will lose money if the underlying stock performance is flat over time, and because of daily rebalancing, the underlying stock’s volatility, and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying stock’s performance increases over a period longer than a single day. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the underlying stock’s performance is flat, and it is possible that the Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of the underlying stock falls by more than 50% in one trading day.
Under the Investment Advisory Agreement between the Adviser and the Trust, on behalf of the Fund (the “Investment Advisory Agreement”), the Adviser has agreed to pay all expenses of the Fund, except for the fee paid to the Adviser pursuant to the Investment Advisory Agreement, interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution (12b-1) fees and expenses.
Past performance does not guarantee future results.
INVESTMENT RISKS: Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.
Investment in leveraged products may be subject to higher volatility. Fund does not directly invest in the underlying stock. An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, IntraDay Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
For periods longer than a single day, the Funds will lose money if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR has flat performance, and it is possible that the Funds will lose money even if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR falls by more than 50% in one trading day.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (NBBO) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses, or sales charges. One cannot invest directly in an index.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. The funds are distributed by ALPS Distributors, Inc (1290 Broadway, Suite 1000, Denver, Colorado 80203). ALPS is not affiliated with any mentioned entity. Client brokerage services not offered by ALPS. Please see third party site for more information about any mentioned services. Themes ETFs are not sponsored, endorsed, issued, sold, or promoted by these entities, nor do these entities make any representations regarding the advisability of investing in the Themes ETFs. Neither ALPS Distributors, Inc, Themes Management Company LLC nor Themes ETFs are affiliated with these entities. Themes Management Company LLC and Leverage Shares are affiliates that are under common control. Themes Management Company and Leverage Shares have entered into a licensing agreement in which Leverage Shares licenses the trademark LEVERAGE SHARES to Themes Management Company LLC for use in financial services in the United States.
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- CORRECTION - Leverage Shares by Themes Targets Market Movers Across Tech and Industrials with Nine New 2X Single-Stock ETFs
May 12, 2026
GREENWICH, Conn., May 12, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Themes ETF Trust, please note the management fee in the second paragraph is now 0.75% rather than 0.35% as originally issued. The corrected release follows:
Leverage Shares by Themes is pleased to announce the launch of nine new 2X single-stock leveraged ETFs, available for trading beginning May 12, 2026. Built for active traders seeking dynamic ways to engage with potentially high-growth innovators, these products are designed with the goal of helping investors amplify returns (up & down) while actively participating in the daily performance of their underlying stocks.
The new Cboe-listed ETFs are tailored to target 200% exposure to the daily performance of their underlying stocks, offering sophisticated traders and the retail investor efficient tools to help capitalize on market movements at a management fee of 0.75%.
The new ETFs are:
STXU – Leverage Shares 2X Long STX Daily ETF [Seagate Technology Holdings, NASDAQ: STX]
SNDG – Leverage Shares 2X Long SNDK Daily ETF [SanDisk Corp, NASDAQ: SNDK]
CIEG – Leverage Shares 2X Long CIEN Daily ETF [Ciena Corp, NYSE: CIEN]
CATG – Leverage Shares 2X Long CAT Daily ETF [Caterpillar Inc., NYSE: CAT]
HONG – Leverage Shares 2X Long HON Daily ETF [Honeywell International Inc., NASDAQ: HON]
AAOG – Leverage Shares 2X Long AAOI Daily ETF [Applied Optoelectronics Inc., NASDAQ: AAOI]
AMAU – Leverage Shares 2X Long AMAT Daily ETF [Applied Materials Inc., NASDAQ: AMAT]
ETNG – Leverage Shares 2X Long ETN Daily ETF [Eaton Corporation PLC, NYSE: ETN]
COHH – Leverage Shares 2X Long COHR Daily ETF [Coherent Corp, NYSE: COHR]
“This launch underscores our commitment to expanding access to high-conviction, single-stock trading strategies across a diverse set of market leaders. With these nine new 2X leveraged ETFs, we’re providing traders with precise, capital-efficient tools to actively engage with the daily performance of companies driving innovation across technology, industrials, and beyond.”– Paul Marino, Chief Revenue Officer, Themes ETFs
For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us
For media inquiries, please contact:
Arielle Shternfeld, Director, Communications and Advisor Relations
ashternfeld@themesetfs.com
+1 (860) 716-3686
About Themes ETFs:
Themes ETFs was established by the Co-Founders of Leverage Shares in 2023 to offer thematic and sector-based products in the US. Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs. For more information, visit www.themesetfs.com.
About Leverage Shares:
The company was launched in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant (the “Co-Founders”) and has 160+ ETPs offering both leveraged and unleveraged exposure to single stocks, ETFs and commodities across various exchanges in Europe. For more information, please visit www.leverageshares.com
INVESTMENT INVOLVES SIGNIFICANT RISK. Fund does not invest directly in the underlying stock. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about Themes ETFs. To obtain a Fund's prospectus and summary prospectus call 886-584-3637. A Fund's prospectus and summary prospectus should be read carefully before investing.
Newly launched Funds have risks associated with a limited operating history.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the underlying stock over the same period. The Fund will lose money if the underlying stock performance is flat over time, and because of daily rebalancing, the underlying stock’s volatility, and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying stock’s performance increases over a period longer than a single day. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the underlying stock’s performance is flat, and it is possible that the Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of the underlying stock falls by more than 50% in one trading day.
Under the Investment Advisory Agreement between the Adviser and the Trust, on behalf of the Fund (the “Investment Advisory Agreement”), the Adviser has agreed to pay all expenses of the Fund, except for the fee paid to the Adviser pursuant to the Investment Advisory Agreement, interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution (12b-1) fees and expenses.
Past performance does not guarantee future results.
INVESTMENT RISKS: Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.
Investment in leveraged products may be subject to higher volatility. Fund does not directly invest in the underlying stock. An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, IntraDay Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
For periods longer than a single day, the Funds will lose money if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR has flat performance, and it is possible that the Funds will lose money even if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR falls by more than 50% in one trading day.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (NBBO) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses, or sales charges. One cannot invest directly in an index.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. The funds are distributed by ALPS Distributors, Inc (1290 Broadway, Suite 1000, Denver, Colorado 80203). ALPS is not affiliated with any mentioned entity. Client brokerage services not offered by ALPS. Please see third party site for more information about any mentioned services. Themes ETFs are not sponsored, endorsed, issued, sold, or promoted by these entities, nor do these entities make any representations regarding the advisability of investing in the Themes ETFs. Neither ALPS Distributors, Inc, Themes Management Company LLC nor Themes ETFs are affiliated with these entities. Themes Management Company LLC and Leverage Shares are affiliates that are under common control. Themes Management Company and Leverage Shares have entered into a licensing agreement in which Leverage Shares licenses the trademark LEVERAGE SHARES to Themes Management Company LLC for use in financial services in the United States.
- Which Optics Stock Has Dominated in 2026: Applied Optoelectronics, Lumentum, or Coherent?
May 12, 2026 · 247wallst.com
The optics complex has been one of 2026's most rewarding corners of the AI infrastructure trade, and the spread among the three leaders is surprisingly wide.
- Coherent Stock Climbs 171% in 6 Months: Should You Buy Now or Wait?
May 12, 2026
Coherent Corp.’s COHR stock displayed an explosive rise over the past six months. COHR has skyrocketed 171.2% against the industry's 1.4% dip and compared with the Zacks S&P 500 Composite’s 12.3% rally.
6-Month Share Price PerformanceZacks Investment Research
Image Source: Zacks Investment Research
Let us analyze this stock to find out whether you should ride the rally or stay away from it.
COHR’s Flourishing AI Demand Meets Industrial Order Rebound
In the third quarter of fiscal 2026, Coherent’s Datacenter & Communications segment accounted for 75% of the top line, a consistent improvement from the preceding quarter’s 72%. Revenues in this segment exceeded a 40% year-over-year growth rate, which is a significant jump from the preceding quarter’s 33.5%, fueled by surging demand and strong execution across its product portfolio. Furthermore, James Anderson, the CEO, attributed this growth to a rising demand for transceivers and Optical Circuit Switch Systems.
While the Datacenter & Communication segment is fueling COHR’s growth engine, the industrial segment is showing positive signs. Despite continued softness in parts of the broader industrial market affecting its revenues in the third quarter of fiscal 2026, signs of improvement are evident mainly in semiconductor capital equipment, wherein bookings have surged substantially.
COHR’s Balance Sheet: Key to Outpace Competitors
The company ended the third quarter of fiscal 2026 with $2.5 billion in cash reserves, a massive upsurge from the preceding quarter’s $899 million. This lofty cash chest stands against a minimal current debt of $9 million, indicating robust liquidity, which is further solidified by a current ratio of 3.05. It outpaces the industry average of 1.57, highlighting Coherent’s ability to pay off short-term obligations with ease.
Alongside a solid liquidity position, the company’s long-term debt management appears strong as well. In the third quarter of fiscal 2026, COHR’s long-term debt was $3.1 billion, a minimal decline from the preceding quarter’s $3.2 billion. Coherent’s total debt is 22.5% of the total capital, a substantial dip from the preceding quarter’s 27.4% and significantly below the industry average of 32.1%. The company reduced financial risks, as signaled by an increase in times interest earned to 3.5 in the third quarter of fiscal 2026, up from the preceding quarter’s 2.5.
This strong balance sheet position fueled shareholder value. Over the past year, the COHR stock has skyrocketed 381.2%, outperforming the industry’s 7.8% hike. Coherent’s competitors, Wolfspeed WOLF and ON Semiconductor ON, did not show the same movement. ON Semiconductor and Wolfspeed have surged 134.3% and 75.9%, respectively. While both ON Semiconductor and Wolfspeed showed solid improvements during the past year, it is way below Coherent’s explosive rally.
Story Continues
COHR’s Bullish Outlook: Analysts’ Optimism Backs Forecast
The Zacks Consensus Estimate for COHR’s fiscal 2026 revenues is pegged at $7 billion, indicating a 20.6% year-over-year increase. For fiscal 2027, the same is expected to rise 30.9% from the year-ago quarter’s actual. For EPS, the consensus mark is set at $5.42, implying 53.5% year-over-year growth. For fiscal 2027, the bottom line is anticipated to rise 38.4%.
Over the past 60 days, three and four EPS estimates for fiscal 2026 and 2027 have been revised upward, respectively, with no downward adjustments. During the same period, the Zacks Consensus Estimate for fiscal 2026 earnings has moved up marginally, and for fiscal 2027, it has risen 4.5%, demonstrating analyst confidence.
COHR Trades Pricier Than Industry
Coherent is priced at 52.58 times forward 12-month earnings per share, higher than the industry average of 22.85 times. Similarly, the company’s trailing 12-month EV-to-EBITDA ratio is 51.2 times, trading at a premium compared with the industry average of 17.19 times. These metrics indicate overvaluation, a major red flag for investors.Zacks Investment Research
Image Source: Zacks Investment ResearchZacks Investment Research
Image Source: Zacks Investment Research
COHR Lacks Payout: Is it a Signal for Caution?
The company does not pay dividends to its investors. Therefore, the means of returns are entirely dependent on share price appreciation, which is not a guaranteed phenomenon. The absence of payout is discouraging to income-seeking investors, making the stock a less attractive option.
Conclusion: Hold COHR Stock Now
Coherent’s recent performance has been nothing short of amazing. However, the stock presents a risk-versus-reward dilemma that requires investors to hold the stock for now. The company appears fundamentally sound and is a critical linchpin in the AI infrastructure demand. Its debt reduction strategy and strong liquidity solidify its balance sheet, positioning it to make strategic investments promoting growth for the future.
However, the stock is trading at nearly 52 times forward earnings, way above the industry average. This valuation leaves little to no room for errors or economic shifts that could potentially affect its prices. For current investors, we recommend retaining this stock to gain from momentum, and for potential buyers, waiting for a pullback appears for a more attractive entry point would be the best move for now.
COHR currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Wolfspeed, Inc. (WOLF) : Free Stock Analysis Report
Coherent Corp. (COHR) : Free Stock Analysis Report
ON Semiconductor Corporation (ON) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
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- Leverage Shares by Themes Targets Market Movers Across Tech and Industrials with Nine New 2X Single-Stock ETFs
May 12, 2026
Themes ETF Trust
GREENWICH, Conn., May 12, 2026 (GLOBE NEWSWIRE) -- Leverage Shares by Themes is pleased to announce the launch of nine new 2X single-stock leveraged ETFs, available for trading beginning May 12, 2026. Built for active traders seeking dynamic ways to engage with potentially high-growth innovators, these products are designed with the goal of helping investors amplify returns (up & down) while actively participating in the daily performance of their underlying stocks.
The new Cboe-listed ETFs are tailored to target 200% exposure to the daily performance of their underlying stocks, offering sophisticated traders and the retail investor efficient tools to help capitalize on market movements at a management fee of 0.35%.
The new ETFs are:
STXU – Leverage Shares 2X Long STX Daily ETF [Seagate Technology Holdings, NASDAQ: STX]
SNDG – Leverage Shares 2X Long SNDK Daily ETF [SanDisk Corp, NASDAQ: SNDK]
CIEG – Leverage Shares 2X Long CIEN Daily ETF [Ciena Corp, NYSE: CIEN]
CATG – Leverage Shares 2X Long CAT Daily ETF [Caterpillar Inc., NYSE: CAT]
HONG – Leverage Shares 2X Long HON Daily ETF [Honeywell International Inc., NASDAQ: HON]
AAOG – Leverage Shares 2X Long AAOI Daily ETF [Applied Optoelectronics Inc., NASDAQ: AAOI]
AMAU – Leverage Shares 2X Long AMAT Daily ETF [Applied Materials Inc., NASDAQ: AMAT]
ETNG – Leverage Shares 2X Long ETN Daily ETF [Eaton Corporation PLC, NYSE: ETN]
COHH – Leverage Shares 2X Long COHR Daily ETF [Coherent Corp, NYSE: COHR]
“This launch underscores our commitment to expanding access to high-conviction, single-stock trading strategies across a diverse set of market leaders. With these nine new 2X leveraged ETFs, we’re providing traders with precise, capital-efficient tools to actively engage with the daily performance of companies driving innovation across technology, industrials, and beyond.”– Paul Marino, Chief Revenue Officer, Themes ETFs
For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us
For media inquiries, please contact:
Arielle Shternfeld, Director, Communications and Advisor Relations
ashternfeld@themesetfs.com
+1 (860) 716-3686
About Themes ETFs:
Themes ETFs was established by the Co-Founders of Leverage Shares in 2023 to offer thematic and sector-based products in the US. Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs. For more information, visit www.themesetfs.com.
Story Continues
About Leverage Shares:
The company was launched in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant (the “Co-Founders”) and has 160+ ETPs offering both leveraged and unleveraged exposure to single stocks, ETFs and commodities across various exchanges in Europe. For more information, please visit www.leverageshares.com
INVESTMENT INVOLVES SIGNIFICANT RISK. Fund does not invest directly in the underlying stock. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about Themes ETFs. To obtain a Fund's prospectus and summary prospectus call 886-584-3637. A Fund's prospectus and summary prospectus should be read carefully before investing.
Newly launched Funds have risks associated with a limited operating history.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the underlying stock over the same period. The Fund will lose money if the underlying stock performance is flat over time, and because of daily rebalancing, the underlying stock’s volatility, and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying stock’s performance increases over a period longer than a single day. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the underlying stock’s performance is flat, and it is possible that the Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of the underlying stock falls by more than 50% in one trading day.
Under the Investment Advisory Agreement between the Adviser and the Trust, on behalf of the Fund (the “Investment Advisory Agreement”), the Adviser has agreed to pay all expenses of the Fund, except for the fee paid to the Adviser pursuant to the Investment Advisory Agreement, interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution (12b-1) fees and expenses.
Past performance does not guarantee future results.
INVESTMENT RISKS: Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.
Investment in leveraged products may be subject to higher volatility. Fund does not directly invest in the underlying stock. An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, IntraDay Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
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- 3 Optical Component Giants in Focus on Massive AI Data Center Growth
May 12, 2026
The artificial intelligence (AI) frenzy remains intact as the AI infrastructure space remains rock solid, supported by an extremely bullish demand scenario. Research firm McKinsey & Co. has estimated that global AI-powered data center infrastructure capex will reach around $7 trillion by 2030.
Optical and photonics products are in tremendous demand for serving global cloud and AI/ML infrastructure. Here, we recommend investors keep a close watch on three optical component behemoths that have skyrocketed year to date. Industry-leading products of these companies and the unstoppable growth of AI-powered data centers make these stocks attractive investment opportunities for the long term.
These are: Corning Inc. GLW, Lumentum Holdings Inc. LITE and Coherent Corp. COHR. Each of our picks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The chart below shows the price performance of our three picks year to date.Zacks Investment Research
Image Source: Zacks Investment Research
Corning Inc.
Corning continues to focus on developing state-of-the-art cover materials, which have been deployed on more than 8 billion devices. GLW offers several products focused on the data center, with a portfolio consisting of optical fiber, hardware, cables and connectors, enabling it to create optical solutions to meet evolving customer needs. This augurs well for its long-term growth.
The growing adoption of innovative optical connectivity products for generative AI applications is expected to be a key growth driver for GLW in the upcoming quarters. Since both consumers and enterprises are using networks more extensively and the data thus generated is increasingly being used to train AI models, there is tremendous demand for quality networking.
Additionally, data consumption patterns are changing, with a growing propensity to consume video content, creating the need for faster data transfer. Since optical networks are more efficient and most existing networks are copper-based, the demand for GLW’s optical solutions is particularly strong.
On May 6, Corning and NVIDIA Corp. NVDA entered a multiyear commercial and technology partnership to expand U.S.-based manufacturing of the advanced optical connectivity solutions needed to power next-generation AI infrastructure.
Corning has an expected revenue and earnings growth rate of 13.3% and 26.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.6% in the last seven days.Zacks Investment Research
Image Source: Zacks Investment Research
Story Continues
Lumentum Holdings Inc.
Lumentum Holdings designs and manufactures optical and photonic technologies for high-speed telecommunications, data centers, and advanced manufacturing. LITE provides components, such as transceivers and lasers for fiber-optic networks, supporting the rapid growth of AI, cloud computing, 5G connectivity, and beyond.
LITE’s technology leadership in high-speed optical components has positioned it as an essential supplier to hyperscale customers deploying next-generation network architectures. Moreover, LITE has a strong collaboration with NVIDIA for developing NVDA’s silicon photonics ecosystem, especially for deploying the latter’s Spectrum-X Photonics networking switches.
Lumentum Holdings has an expected revenue and earnings growth rate of 84.8% and more than 100%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 7.5% in the last seven days.Zacks Investment Research
Image Source: Zacks Investment Research
Coherent Corp.
Coherent is positioned at the center of the AI datacenter build-out, which has driven sustained strength in Datacenter and Communications from fiscal 2025 through the second quarter of fiscal 2026 and is expected to continue with double-digit sequential growth in the third and fourth quarters of fiscal 2026.
COHR reports record booking visibility, with most of calendar 2026 already booked, orders extending into calendar 2027, and customer forecasts reaching into calendar 2028 alongside multiple long-term agreements. This depth of demand materially reduces near-term revenue uncertainty and supports durable top-line momentum.
COHR’s mix should improve as higher-value pluggables ramp up and as the shift to larger indium phosphide wafers lowers unit costs, positioning margins to expand. COHR’s portfolio is widening with growing systems and co-packaged optics, adding optionality. Capacity is scaling, and the balance sheet is improving.
Coherent has an expected revenue and earnings growth rate of 30.9% and 38.4%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 1.6% in the last seven days.Zacks Investment Research
Image Source: Zacks Investment Research
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NVIDIA Corporation (NVDA) : Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
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- The AI Data Center Backlash Is Growing. Kevin O’Leary’s $1 Billion Stratos Project Reveals Why
May 12, 2026
Quick Read
The Big Four hyperscalers (Microsoft, Amazon, Alphabet, and Meta Platforms) are spending over $725 billion combined this year on AI infrastructure, creating massive demand for chips, power generation, cooling systems, and materials like copper, benefiting companies including Nvidia, Constellation Energy, and Freeport-McMoRan. Community opposition to massive AI data center projects is emerging as a critical bottleneck to the infrastructure buildout, with residents in Utah, Virginia, Arizona, Georgia, and Texas raising concerns about water consumption, power demands, and environmental impact that could delay multibillion-dollar projects and reshape where AI facilities get built. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.
Artificial intelligence is setting off the biggest infrastructure buildout since the early internet boom. Only this time, the stakes are larger, the power demands are higher, and the local pushback is louder.
The world's biggest tech companies are racing to build AI capacity because whoever controls the computing power may control the next decade of software, advertising, cloud services, and automation. But as investors chase chip stocks and AI winners, a new problem is emerging: communities increasingly do not want these giant facilities in their backyards.
Kevin O'Leary's proposed Stratos Project in Utah shows exactly why that resistance is becoming the industry's newest bottleneck.
The analyst who called NVIDIA in 2010 just named his top 10 stocks. Get them here FREE.
AI's Infrastructure Arms Race Is Reshaping Entire Industries
The numbers attached to the AI boom are staggering. According to company guidance and analyst estimates from Goldman Sachs and Morgan Stanley, the Big Four hyperscalers -- Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), and Meta Platforms (NASDAQ:META) -- are expected to spend upwards of $725 billion combined this year on AI infrastructure, data centers, chips, networking equipment, and energy systems.
That spending spree has created ripple effects throughout the economy.
Here's what the numbers tell us:
Industry Why It Benefits Key Companies AI chips GPUs power AI training and inference Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD) Optical networking AI data transfer requires faster photonics Coherent (NASDAQ:COHR), Lumentum Holdings (NASDAQ:LITE) Utilities Data centers consume enormous electricity Constellation Energy (NYSE:CEG), Vistra (NYSE:VST) Copper mining Miles of cables are needed for power and networking Freeport-McMoRan (NYSE:FCX) Water infrastructure Cooling systems require huge water supplies American Water Works (NYSE:AWK)
Surprisingly, some Wall Street analysts now describe data centers as the new railroads -- foundational infrastructure supporting entire economic ecosystems. Simply put, AI cannot exist without massive physical construction projects.
Story Continues
And these are not small server rooms anymore. Modern AI campuses can span thousands of acres, require dedicated substations, and consume as much electricity as mid-sized cities.
Beyond the code lies a massive physical footprint consuming city-sized power and triggering a new era of local resistance.
Kevin O'Leary's Stratos Project Shows Why Opposition Is Growing
That brings us to the proposed Stratos Project in Box Elder County, Utah. Backed by Shark Tank investor Kevin O'Leary, the AI data center campus would cover roughly 40,000 acres. The development could eventually include dozens of data centers alongside power infrastructure, water systems, and industrial facilities.
Supporters say the project would create construction jobs, long-term technology employment, and tax revenue. Utah Gov. Spencer Cox has supported expanding the state's technology footprint.
But critics see something else entirely. Utah State University physics professor Robert Davies warns the facility could generate the equivalent thermal output of 23 atomic bombs per day. That comparison refers to waste heat released into the surrounding environment from the immense energy consumption required to operate AI systems.
Granted, the comparison is designed to provoke attention, but it underscores how massive these facilities have become.
Residents and environmental groups are raising concerns about:
Water consumption in an already drought-prone region Strain on electric grids Rising utility costs for residents Noise pollution from cooling systems Land use disruption across tens of thousands of acres Environmental degradation tied to power generation
A single hyperscale AI data center can require more than 1 gigawatt of electricity -- roughly equivalent to the power needs of hundreds of thousands of homes. Regardless of how you look at it, communities notice when utility infrastructure starts prioritizing server farms over households.
The Real AI Bottleneck May Not Be Technology
Investors have spent the past two years worrying about AI compute shortages, chip supply constraints, memory bottlenecks, and power availability.
Those are real concerns. High-bandwidth memory, or HBM, remains supply constrained. Utilities are warning about surging electricity demand. Grid operators from Texas to Virginia are scrambling to add capacity.
But local resistance may become the industry's biggest obstacle because delays cost money. A one-year delay on a multibillion-dollar AI campus can ripple through semiconductor orders, utility investments, and cloud deployment timelines.
Organized opposition groups are emerging across multiple states. In Virginia -- the world's largest data center market -- residents have protested new construction projects over power use and land consumption. Similar fights are unfolding in Arizona, Georgia, and Texas.
In short, the AI boom is colliding with physical reality.
The technology sector spent years operating in the digital world where growth felt limitless. Data centers remind everyone that AI still depends on land, water, electricity, mining, and industrial construction.
Key Takeaway
The AI infrastructure boom still looks like a long-term investment opportunity. The hyperscalers are unlikely to slow spending while the race for AI dominance remains this intense. That continues benefiting chipmakers, utilities, networking companies, and industrial suppliers.
But sharp investors should recognize that a new risk has emerged. The real bottleneck may not be chips or electricity. It may be public tolerance. Kevin O'Leary's Stratos Project shows how quickly enthusiasm for AI jobs can turn into opposition once communities confront the scale of these developments. That tension could slow projects, raise costs, and reshape where AI infrastructure gets built over the next decade.
Investors who ignore that political and environmental reality may be missing one of the most important parts of the AI story.
The analyst who called NVIDIA in 2010 just named his top 10 AI stocks
This analyst's 2025 picks are up 106% on average. He just named his top 10 stocks to buy in 2026. Get them here FREE.
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- Coherent Stock Climbs 171% in 6 Months: Should You Buy Now or Wait?
May 12, 2026 · zacks.com
COHR soars 171% in 6 months as datacenter AI demand surges and industrial bookings rebound, but rich valuation and no dividend raise questions.
- Here's the full list of business executives invited to go with Trump to China
May 12, 2026
President Donald Trump is set to travel to China this week for a highly anticipated summit with Xi Jinping and has invited CEOs of some of the biggest U.S. companies to join his trip.
The CEOs include Tesla's (TSLA [https://seekingalpha.com/symbol/TSLA]) Elon Musk, Apple's (AAPL [https://seekingalpha.com/symbol/AAPL]) Tim Cook, BlackRock's (BLK [https://seekingalpha.com/symbol/BLK]) Larry Fink and Boeing's (BA [https://seekingalpha.com/symbol/BA]) Kelly Ortberg, according to multiple media reports.
Other invited executives are Meta (META [https://seekingalpha.com/symbol/META]) President Dina Powell McCormick, Micron Technology's (MU [https://seekingalpha.com/symbol/MU]) Sanjay Mehrotra, Qualcomm's (QCOM [https://seekingalpha.com/symbol/QCOM]) Cristiano Amon, GE Aerospace's (GE [https://seekingalpha.com/symbol/GE]) Larry Culp, Blackstone's (BX [https://seekingalpha.com/symbol/BX]) Stephen Schwarzman, Citigroup's (C [https://seekingalpha.com/symbol/C]) Jane Fraser, Goldman Sachs' (GS [https://seekingalpha.com/symbol/GS]) David Solomon, Coherent's (COHR [https://seekingalpha.com/symbol/COHR]) Jim Anderson, Illumina's (ILMN [https://seekingalpha.com/symbol/ILMN]) Jacob Thaysen, Mastercard's (MA [https://seekingalpha.com/symbol/MA]) Michael Miebach, and Visa's (V [https://seekingalpha.com/symbol/V]) Ryan McInerney.
Cisco (CSCO [https://seekingalpha.com/symbol/CSCO]) CEO Chuck Robbins was invited, but won't join the trip due to the company's earnings schedule.
Notably, Nvidia (NVDA [https://seekingalpha.com/symbol/NVDA]) CEO Jensen Huang was not invited. This is because the White House is focusing more on agriculture and commercial aviation matters, such as Boeing (BA [https://seekingalpha.com/symbol/BA]) orders, for the trip, a source told [https://www.reuters.com/world/asia-pacific/nvidia-ceo-huang-not-going-to-china-during-trump-visit-source-says-2026-05-11/] _Reuters_.
Trump's China visit, the first by a U.S. president since 2017, will be closely watched given the countries' ongoing trade war and Beijing's close ties with Iran.
"I expect a tactical truce — an extension of last year's rare-earth elements agreement, some additional trade commitments, possibly new agreements related to U.S. exports of agricultural products and/or energy, and a structure for ongoing communication and coordination on trade and finance issues," said SA analyst Agar Capital.
MORE ON TRUMP'S CHINA VISIT
* Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce [https://seekingalpha.com/article/4902480-trump-xi-summit-rare-earths-oil-and-a-fragile-truce]
* Week Ahead: Trump-Xi And U.S.-China CPI [https://seekingalpha.com/article/4902185-week-ahead-trump-xi-and-us-china-cpi]
* What The Upcoming U.S.-China Summit Could Mean For Investors [https://seekingalpha.com/article/4899285-what-upcoming-us-china-summit-could-mean-for-investors]
* Nvidia CEO Jensen Huang left out of Trump's delegation for China trip [https://seekingalpha.com/news/4590964-nvidias-ceo-jensen-huang-reportedly-left-off-donald-trumps-china-ceo-delegation]
* What to expect at the Trump-Xi summit: Iran and Taiwan to chips and airplanes [https://seekingalpha.com/news/4590360-what-to-expect-at-the-trump-xi-summit-iran-and-taiwan-to-chips-and-airplanes]
