GLW Stock Recent News

Oct 9th, 2024 - Corning Inc (GLW, Financial) stock technically made a classic breakout from the Cup with Handle pattern and invited traders to make some buzz with the stock today. The news powering the buzz is that Corning, a manufacturer of glass, ceramic and optical fibers for various industries, partnered with KD to deliver high speed connectivity for modern software-equipped vehicles.

Preliminary earnings reports are typically released ahead of formal quarterly financials and allow companies to provide updated guidance. Dow, Nucor, and Corning, each exposed to the macroeconomy, issued preannouncements in September. AI, global demand, and supply chains are key variables as we head into year-end.

Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Corning launches a next-generation EXTREME ULE Glass for advanced chip manufacturing.

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Earnings season is on the way.

Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) will host a meeting today at its optical fiber facility in Concord, North Carolina, with investors and industry analysts to provide significant updates to its “Springboard” plan to add more than $3 billion in annualized sales with strong incremental profit and cash flow in the next three years. Wendell P. Weeks, chairman and chief executive officer, said, “I'm very pleased with the progress we have made on our ‘Springboard' plan t.

Corning Incorporated is poised for mid-teens earnings growth due to its Springboard plan and generative AI optical connectivity products, making it a Buy. Corning has diverse revenue streams, ranging from Optical Communications to Life Sciences and Emerging Growth Businesses. Despite recent declines, Q2-2024 results show signs of recovery, driven by strong adoption of new optical connectivity products for generative AI.

CORNING, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Corning Energy Corporation (formerly Corning Natural Gas Holding Corporation) announced today that Michael German, the company's CEO, will retire effective December 31, 2024, after 18 years with the company and 48 total years in the energy sector.

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