Arista Networks (ANET), Fabrinet (FN), and Ciena (CIEN) have emerged as preferred data center equity picks heading into the current earnings season, according to analyst coverage flagging each as a top buy. The three names span distinct layers of data center infrastructure: Arista in cloud networking, Fabrinet in optical manufacturing, and Ciena in intelligent networking platforms. Together they offer exposure across hardware, optical interconnect, and software-defined networking segments that are seeing sustained capital deployment from hyperscale customers. Demand visibility is the central thesis: large cloud operators continue expanding capacity to support AI workloads, directly driving order flow to suppliers like these three. Investors are watching earnings prints for revenue guidance updates, backlog commentary, and margin trends as indicators of whether hyperscaler spending commitments are translating into realized orders. Any guidance raise or backlog expansion from ANET, FN, or CIEN this quarter would reinforce the broader thesis that AI infrastructure buildout remains on an accelerating trajectory through the near term.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
