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Shares of Applied Optoelectronics are surging more than 50% in premarket trading after the optical products maker said it had struck a deal with Amazon that gives the tech giant the right to buy almost 8 million shares of its stock.

It doesn’t quite feel like it’s time to buy just yet. But here are three tests to help you decide.

It's Friday, so today I'll provide a quick overview of what's happening in global markets and then offer you some weekend reading suggestions away from the headlines. * U.S. President Donald Trump on Thursday threatened to slap a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war that has roiled financial markets and raised recession fears. * Top U.S. Senate Democrat Chuck Schumer on Thursday said he would vote to advance a Republican stopgap funding bill, signaling that his party would provide the votes to avert a government shutdown.

Gold rallies on strong ETF inflows, geopolitical uncertainty, and market volatility.

Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 9.6% year on year to $152.6 million. On the other hand, the company expects next quarter’s revenue to be around $148 million, close to analysts’ estimates. Its GAAP loss of $0.13 per share was 14.5% above analysts’ consensus estimates.

US president Donald Trump has kicked trading tensions up a notch by threatening tariffs on EU alcohol, even as ECB president Lagarde warns that an escalating trade war could have severe global consequences.View on euronews

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