Lumen Technologies Stock Surges on AI-Driven Demand

Telecom firm secures $5 billion in new business and raises cash flow outlook amid booming AI connectivity needs.

Shares of Lumen Technologies soared over 160% since Monday due to AI-related business growth.
The company reported securing $5 billion in new deals and is in talks for an additional $7 billion.
Lumen raised its full-year free cash flow forecast significantly, citing AI demand.
CEO Kate Johnson highlighted the company's role in enabling the AI economy with its fiber network.
Lumen plans to expand its intercity network and has partnered with Microsoft for AI infrastructure.