Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 12.7% in the afternoon session after the company reported stellar second-quarter financial results that surpassed analyst expectations, driven by surging demand for its AI-related products. The materials science company announced that core sales grew 12% year-over-year to $4.05 billion, while core earnings per share (EPS) jumped 28% to $0.60, beating analyst estimates. This performance was largely attributed to the Optical Communications division, where enterprise sales soared by an impressive 81% year-over-year, propelled by strong demand for products used in Generative AI. Bolstering investor confidence, the company also issued an optimistic forecast for the third quarter, projecting core sales of around $4.2 billion and signaling that management expected the positive momentum to persist.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Tuesday as we examine the latest happenings in today's session.
Risk appetite took a breather Tuesday, with major U.S. stock indices retreating modestly from record highs as investors braced for a pivotal stretch of earnings and macro events.
Stay informed about the performance of the S&P500 index in the middle of the day on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Glass and electronic component manufacturer Corning (NYSE:GLW) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 18.8% year on year to $3.86 billion. The company expects next quarter’s revenue to be around $4.2 billion, coming in 4.2% above analysts’ estimates. Its non-GAAP profit of $0.60 per share was 5.1% above analysts’ consensus estimates.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Corning Inc. (GLW) surpasses Q2 2025 estimates with strong revenue and EPS growth, driven by Optical Communications and Specialty Materials. Shares rise 5.4% premarket.
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 3.1% in the morning session after the company inaugurated a new $127 million high-tech manufacturing plant in Vietnam. The U.S.-based semiconductor materials and components firm opened its new facility in the Nhon Trach Industrial Park in Dong Nai province. This move marked a significant step in Coherent's global growth strategy and demonstrated increasing confidence in Vietnam's investment potential. The expansion underscored the company's efforts to scale its operations and meet growing demand. Adding to the positive sentiment, analysts noted strong earnings expectations for the company's upcoming report.
Corning trades at $54.39 per share and has stayed right on track with the overall market, gaining 5.5% over the last six months. At the same time, the S&P 500 has returned 4.1%.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Owens Corning’s first quarter results exceeded Wall Street’s revenue and non-GAAP profit expectations, but the market responded negatively due to margin compression and operational headwinds. Management attributed the quarter’s outcome to the integration of the Doors business, steady demand in Roofing, and mixed performance in Insulation, with CEO Brian Chambers noting the impact of elevated manufacturing costs and ongoing investments in capacity. Chambers described current end-market conditions as “dynamic,” highlighting persistent challenges in residential construction and repair and remodel markets, despite bright spots in non-discretionary repair activity.
Over the past six months, Owens Corning’s shares (currently trading at $145.26) have posted a disappointing 13.9% loss, well below the S&P 500’s 6.2% gain. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
CORNING INC (NYSE:GLW) shows strong technicals with a perfect 10 rating and a high-quality breakout setup, making it a candidate for traders watching for momentum opportunities.
Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations.
However, they face intense competition from scaled industry giants and can be disrupted by new innovative players vying for a slice of the pie.
