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Corning has been betting that the massive infrastructure demands of AI will drive its next wave of growth, relying on its specialized optical fiber to link hyperscale data centers. That wager has resonated with Wall Street, more than doubling its shares over the past year.
Sandisk's Stunning Rally Unravels as Investors Hit the Exit
The deal covers about 76,000 ovarian cancer claims and requires acceptance by at least 95% of claimants to take effect
Meta reported its Q2 earnings after the bell on Wednesday.
Investing.com -- Boeing Co. (NYSE: BA) reported a wider-than-expected second quarter loss despite revenue exceeding analyst estimates, with shares rising 1.2% following the results.
Glass and electronic component manufacturer Corning (NYSE:GLW) missed Wall Street’s revenue expectations in Q2 CY2026, but sales rose 11.4% year on year to $4.51 billion. Next quarter’s revenue guidance of $4.95 billion underwhelmed, coming in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.78 per share was 3.5% above analysts’ consensus estimates.
The planemaker took a $280 million charge on the VC-25B program, pushing its adjusted loss to 76 cents a share against a 30-cent estimate
Financial intelligence company S&P Global (NYSE:SPGI) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 10.4% year on year to $4.15 billion. Its non-GAAP profit of $4.83 per share was 3.7% below analysts’ consensus estimates.
Corning issued lighter-than-expected third-quarter sales guidance, overshadowing a better-than-expected second quarter that was driven by artificial-intelligence demand.
Wall Street is heading for another mixed session on Tuesday, with blue-chip gains offset by concerns about AI spending and Chinese competition weighing on some technology stocks. Dow Jones futures were up 317 points, or 0.6%, but the Nasdaq has been called 1% lower, with S&P 500 futures...
Corning posted core EPS of $0.78 and core sales of $4.74 billion in the second quarter, but its third-quarter outlook fell short of Wall Street expectations
Investing.com -- Royal Caribbean Group (NYSE: RCL) reported its latest quarterly earnings on Tuesday, with revenue missing expectations, sending the stock down over 4% premarket.
U.S. online gambling operator BetMGM on Tuesday downgraded its annual outlook for the second time this year and pushed back its target of reaching $500 million in profit, as competition from prediction market platforms mounts intensifies. Licensed sportsbook operators in the U.S. are facing growing pressure from prediction market platforms such as Kalshi, while FanDuel, DraftKings and Fanatics have launched similar products, raising customer acquisition costs and threatening sports betting market share.
South Korea's KOSPI just suffered a historic overnight collapse, dragging Samsung and SK Hynix down double digits and sending shockwaves straight into US chip stocks before Tuesday's open. Whether this sparks another brutal Nasdaq sell-off depends on one critical signal forming in premarket right now.
United Parcel Service raised its full-year outlook after revenue climbed in the second quarter, as the company said its years-long restructuring efforts are bearing fruit.
Tesla and SpaceX crashes wiped more than $750 billion from Musk's fortune. Here's what everyday investors can learn from it.
Investing.com -- United Parcel Service Inc. (NYSE: UPS) reported its second-quarter earnings before the open on Tuesday, sending its shares around 1.8% higher premarket.
Investing.com -- Shares in Hilton Inc (NYSE:HLT) slipped more than 2% in premarket trading Tuesday as the hotel operator reported second-quarter earnings roughly in line with expectations, while its third-quarter profit outlook missed analyst estimates.
Asian stock markets churned downwards on Tuesday, with tech-exposed exchanges closing sharply lower
Asian chip stocks sold off today, pushing South Korea’s Kospi index 10% lower and Japan’s Nikkei 4% in the red. That followed a tough session for U.S. chipmakers that looks set to extend to today, with Intel, Micron and others sliding premarket.
The overall cryptocurrency market fell 2.5% to around $2.45 trillion, wiping out more than $530 million in long bets.
The company has a highly attractive market position and business model that supports a rich valuation, but a lot of things need to go right for it to look like a great value.
South Korean stocks got hammered on Tuesday, and that's a major worry for Wall Street. The country's flagship Kospi index plunged more than 10%, dragged down by slumps in the shares of memory-chip makers SK Hynix and Samsung.
LUNR, GLDG and BCDA have been added to the Zacks Rank #5 (Strong Sell) List on July 28, 2026.
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