GLW
NYSE · Electrical Equipment
Corning Inc
$223.67
+17.84 (+8.67%)
GLW News29 articles
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.
Oil Surge and Geopolitical Risk Rattle Wall Street, UBS Warns of Underestimated Impact
Brent crude surged 5.8% to $114.44 after new attacks in the Strait of Hormuz, while the S&P 500 fell 0.41%. UBS warns investors are missing the bigger risk of sustained economic damage.
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.
Corning Surges to Record High on UBS Upgrade, Fueled by AI Data Center Demand
Corning shares surged 7.3% to a record high Friday after UBS upgraded the stock, highlighting robust fiber-optic demand from AI data center expansion. The stock's year-to-date gain is approaching 60%.
Corning Nears 52-Week Peak on Strong Data Center Demand
Corning shares closed higher, approaching a 52-week high following a 2025 sales report showing a 19% revenue increase, led by a 35% jump in its Optical Communications unit.
Corning Shares Dip Following Insider Transaction, Data Center Outlook in Focus
Corning stock declined 1.3% after a senior executive sold approximately $3.8 million in shares. Investors are awaiting commentary on optical demand at upcoming technology conferences.
Lumentum Shares Extend Rally on AI Infrastructure Demand
Lumentum Holdings surged nearly 5% Monday, leading a broader optics and networking stock rally. The move follows strong quarterly results and an upbeat outlook tied to data center expansion for artificial intelligence workloads.
Corning Shares Surge to Record High on Meta Deal and AI Data Center Demand
Corning stock jumped 7% to a new record near $131, fueled by a multi-billion dollar Meta Platforms agreement and strong quarterly results. Investors are now eyeing upcoming U.S. economic data for interest rate signals.
Corning Gains in Premarket Following Record High, Fueled by Meta Data Center Partnership
Corning shares advanced 1.8% in premarket trading after reaching an all-time closing high Friday, driven by a multi-billion dollar optical fiber supply agreement with Meta Platforms.