Corning’s third quarter results were in line with Wall Street’s expectations, but investors responded negatively, reflecting concerns about the company’s ability to deliver on ambitious growth targets. Management pointed to strong demand in its Optical Communications segment, particularly from hyperscale data center customers seeking AI-related products, as a key growth driver. CEO Wendell Weeks emphasized the “powerful, profitable growth” stemming from Corning’s Springboard plan, highlighting that sales and profit have grown significantly since its launch. However, the market remains focused on whether current momentum can be sustained amid execution challenges and supply constraints.
Building and construction materials manufacturer Owens Corning (NYSE:OC)
will be reporting results this Wednesday morning. Here’s what investors should know.
Washington D.C. – November 3, 2025 – U.S. Treasury Secretary Scott Bessent has issued a stark warning, declaring that the American housing market is currently in a "housing recession," a downturn he directly attributes to the Federal Reserve's restrictive monetary policies. Speaking on CNN's "State of the Union" this past
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Wednesday. Uncover the top gainers and losers in today's session for valuable insights.
Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 5.4% in the afternoon session after the company posted record third-quarter core sales and earnings, driven by strong demand for its AI-related products, and provided a strong fourth-quarter forecast.
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
Glass and electronic component manufacturer Corning (NYSE:GLW) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 26% year on year to $4.27 billion. On top of that, next quarter’s revenue guidance ($4.35 billion at the midpoint) was surprisingly good and 5.3% above what analysts were expecting. Its non-GAAP profit of $0.67 per share was in line with analysts’ consensus estimates.
Shares of glass and electronic component manufacturer Corning (NYSE:GLW) fell 5% in the morning session after the company reported third-quarter results that failed to impress investors, even though headline numbers met or slightly beat expectations.
The financial world is abuzz as major U.S. stock indices have surged to unprecedented levels, marking new all-time highs as of late October 2025. This remarkable rally is predominantly fueled by an exceptionally strong corporate earnings season, which has seen a vast majority of public companies exceed profit expectations.
The US market is yet to commence its session on Tuesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Glass and electronic component manufacturer Corning (NYSE:GLW) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 20.9% year on year to $4.1 billion. The company expects next quarter’s revenue to be around $4.35 billion, coming in 5.3% above analysts’ estimates. Its non-GAAP profit of $0.67 per share was in line with analysts’ consensus estimates.
