Tag: $Corning

Corning Stock Falls After Earnings. It Can’t Extend the Meta Momentum.

Shares of Corning (GLW) fell Wednesday even after the glass maker posted better-than-expected quarterly adjusted earnings and sales. The stock’s double-digit surge the day before may have set investor expectations too high.

Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers

As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help.