GLW
NYSE · Electrical Equipment
Corning Inc
$165.68
+8.50 (+5.41%)
GLW News30 articles
Amphenol's $1.9B Order Backlog Bolsters Case for Stock Split
Amphenol's 2-for-1 stock split takes effect next month, supported by a $1.9B order backlog and robust Q2 growth. The stock trades at 42x earnings, leaving little room for error.
Marvell Stock Jumps 11% on AI Memory Expansion, Optics Rally
Marvell (MRVL) shares rose 11% after unveiling new AI-memory products, boosting market value by $19.9B. The rally also lifted optics peers on reports of possible US restrictions on Chinese transceivers.
Amphenol Stock Jumps 7.6% on Strong Q2 Beat and Doubled CommScope EPS Outlook
Amphenol shares rose 7.6% after Q2 earnings beat estimates and the company doubled its expected EPS benefit from the CommScope acquisition to $0.30 per share.
Dow Futures Rise as Tech Stocks Slip, Market Rotation Intensifies
Dow futures gain 0.9% as Nasdaq 100 futures slip 0.8%, with a 9-percentage-point monthly spread reflecting a market rotation from AI to value.
Corning Shares Plunge 17% as Q3 Guidance Misses Estimates
Corning shares fell 17% in premarket trading after Q3 guidance missed estimates, overshadowing a strong Q2 beat. The annualized sales pace of $19.8 billion is 1% below the 2026 target.
Corning's $86B Market Cap Erased Since June Peak Amid Valuation Reset
Corning (GLW) shares have dropped 36.7% from their June high, losing about $86 billion in market value. The decline is driven by a valuation reset as 2027 EPS estimates rise.
Corning Shares Tumble 11% as AI Fiber Demand Faces Investor Skepticism
Corning (GLW) shares dropped 10.81% Thursday amid profit-taking, even as AI data-center fiber demand remains robust. The stock is still up over 124% year-to-date.
Corning Surges 15% on AI Fiber Deals, Tops All Analyst Targets
Corning shares jumped 15% after AI fiber deals with Amazon and Meta, pushing the stock above all analyst targets and adding $29 billion in market cap.
Corning Stock Gains Despite Flat Dividend as AI Fiber Demand Fuels Growth Bets
Corning shares jumped 6.1% to $205.83, driven by AI fiber demand, as the company held its dividend flat at $0.28 per share, yielding only 0.54%.
Corning Rallies 10% on AI Data Center Fiber Deals
Corning stock jumped 10.3% to $193.45 on AI data center fiber deals with Amazon and Nvidia. Q1 core sales rose 18% to $4.35 billion, but valuation risks remain.
Amazon's $1B+ Deal with Corning Powers AI Data Center Fiber Optics
Amazon signs a multiyear, multibillion-dollar deal with Corning for fiber optics to support AI data centers, boosting Corning shares 6.3%.
Amazon's Multibillion-Dollar Fiber Deal Boosts Corning's AI Data Center Role
Amazon's multibillion-dollar fiber deal with Corning underscores AI-driven data center demand, but GLW shares remain flat as investors weigh factory ramp risks and lofty valuations.
Corning Surges 13% on Nvidia AI Optical Link Demand
Corning shares soared 13.4% on heavy volume after Nvidia CEO Jensen Huang emphasized the need for optical interconnects in AI data centers, with Corning's recent deals with Nvidia and Meta making it a key AI infrastructure play.
Corning Shares Surge on BofA Upgrade and Nvidia AI Fiber Deal
Corning shares rose 10.84% after BofA picked it as a top stock, following a $500M+ Nvidia deal to expand AI fiber manufacturing. The company targets $20B in sales by 2026.
Coherent Bounces Back as AI Data Center Demand Drives Capacity Expansion
Coherent shares rebounded 5.03% to $335.26 on Friday, recovering from a post-earnings slide, as AI data-center demand and a $2 billion Nvidia deal drive capacity expansion.
Nvidia's Multi-Billion Dollar Prepayment Fuels Corning's AI Data Center Expansion
Nvidia has prepaid Corning several billion dollars to fund new U.S. factories, expanding optical fiber production for AI data centers and boosting Corning's long-term sales targets.
Oil Surge on Iran Tensions Drags US Futures Lower
US stock futures slipped as oil surged above $96 on renewed Iran conflict, stoking inflation fears. The S&P 500 fell 0.38%, with chip stocks declining, while Nvidia and Microsoft gained.
Nvidia's $500M Corning Warrant Deal Ties Fiber to AI Boom
Nvidia bought $500M in Corning warrants as part of a multiyear optical deal. Corning will triple U.S. plants, boost fiber capacity 10x, and add 3,000 jobs.
QuantumScape Stock Rises on QSE-5 Production Start, Losses Persist
QuantumScape shares rose to $7.95 on initial production of its QSE-5 solid-state battery cells, but the company reported a Q1 net loss of $100.8 million with no revenue yet.
Q2 2026 Growth Stocks: Big Tech's AI Spending Under Scrutiny
Big Tech earnings this week will reveal if heavy AI investment is driving growth. Visa, T-Mobile, FICO, NXP, Corning, and Starbucks also feature on Q2 growth watchlists.
Ciena Shares Dip as AI Optical Demand Faces Supply and Valuation Hurdles
Ciena shares dropped 6.5% after Corning's sales outlook missed estimates, highlighting supply and valuation challenges in the AI optical networking boom.
Corning Files Shelf Registration After AI-Driven Stock Surge
Corning filed an automatic shelf registration on Friday, enabling future debt and equity offerings. The move follows a stock surge to $179.08 and precedes its April 28 earnings call.
Investors Shift AI Focus from Megacaps to Supply Chain and Broad Tech ETFs
Broad technology ETFs are gaining favor over targeted AI funds as investors diversify beyond megacap platforms. U.S. equity inflows hit $37.24 billion last week while tech funds saw outflows.
Lumentum Surges on $1.25B AI Revenue Target, Backed by Nvidia
Lumentum shares soared after projecting a path to $1.25 billion in quarterly revenue from AI data-center demand, buoyed by a $2 billion investment from Nvidia. Rival Coherent also gained, forecasting a $70 billion datacenter market by 2030.
Corning Surges on AI Fiber Demand and Meta Deal Ahead of Key Conference
Corning shares advanced 6.5% to $137.50, driven by strong optical fiber demand and a major supply agreement with Meta Platforms. Sector peers Ciena and Lumentum also posted gains exceeding 6%.
Broadcom CEO's Copper Comments Trigger Selloff in Optical Networking Stocks
Corning shares dropped sharply after Broadcom's leadership indicated a slower-than-expected transition to optical links within AI server racks, favoring copper for near-term scale-up connections. The shift pushes the anticipated inflection for advanced optics technology further into the future.
Corning Shares Retreat After Hours on Revenue Target and Product Launch
Corning shares declined 6.6% in extended trading Tuesday, reversing prior gains following commentary on long-term financial targets and a new product announcement. Broader market concerns also weighed on sentiment.
Corning Shares Retreat as CFO Comments Follow Product Launch
Corning shares declined 4.3% to $151.04, reversing part of Monday's gains following executive comments and new Motorola product news. The drop exceeded broader market weakness.
Corning Shares Surge on Motorola Foldable Glass Deal
Corning Incorporated saw its stock climb approximately 5% to $157.86 following the announcement that its new Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming razr foldable smartphone. The gains held steady in after-hours trading as the market awaits further commentary from company executives.
Corning Gains on Motorola Foldable Glass Deal, Investors Eye CFO Remarks
Corning shares advanced approximately 5% to $157.86 following the announcement that its new Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming foldable smartphone. The stock maintained its gains in after-hours trading.