Gorilla Glass maker Corning fourth-quarter profit forecast beat estimates on Tuesday, as rising consumption of data over networks, including for generative AI model training, continues to increase demand for its optical fiber products.
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AT&T said on Monday it had struck a $1 billion multi-year deal with Corning to buy fiber, cable, and connectivity solutions, as the U.S. telecom giant looks to expand its high-speed internet services.
Beyond analysts' top -and-bottom-line estimates for Corning (GLW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
GLW is expected to witness a top-line expansion year over year in the third quarter of 2024, backed by solid demand trends in several end markets.
Corning (GLW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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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.
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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.