Corning is a global leader in materials science, specializing in the development and manufacturing of innovative glass and ceramics products. The company is renowned for its advanced display technologies, which are used in televisions and monitors, as well as its breakthrough optical communications solutions that empower high-speed data transmission. Additionally, Corning provides specialized glass for medical applications and is involved in the production of materials for various industrial and environmental needs. With a strong emphasis on research and development, Corning continues to push the boundaries of technology to enhance everyday life through its diverse range of products. Read More
Owens Corning’s second quarter saw a positive market reaction, with management crediting the company’s diversified product mix and operational discipline as key drivers of performance. CEO Brian Chambers highlighted that over half of company revenue now comes from North American repair and remodel activity, especially nondiscretionary roofing projects, which remained steady despite broader construction headwinds. Management also pointed to recent capacity expansions and strategic divestitures as factors supporting stable margins and improved earnings. "Our team delivered second quarter results that continue to demonstrate how the new Owens Corning outperforms in any set of market conditions," Chambers said, emphasizing the benefits of the company’s shift toward high-value building materials.
Corning’s second quarter results received a strongly positive market reaction, driven by robust demand across its core technology platforms. Management attributed the company’s outperformance to rapid adoption of its products in data centers linked to generative AI investment, as well as growth in its solar and specialty glass businesses. CEO Wendell Weeks emphasized that Corning’s “More Corning content” strategy and its Springboard plan accelerated sales and expanded margins, with key secular trends in AI infrastructure and domestic manufacturing boosting the quarter’s results.
Glass and electronic component manufacturer Corning (NYSE:GLW) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 24.4% year on year to $4.05 billion. On top of that, next quarter’s revenue guidance ($4.2 billion at the midpoint) was surprisingly good and 4.2% above what analysts were expecting. Its non-GAAP profit of $0.60 per share was 5.1% above analysts’ consensus estimates.
Building and construction materials manufacturer Owens Corning (NYSE:OC) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 10% year on year to $2.75 billion. Guidance for next quarter’s revenue was optimistic at $2.75 billion at the midpoint, 2.3% above analysts’ estimates. Its non-GAAP profit of $4.21 per share was 10.3% above analysts’ consensus estimates.
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Apple Inc. (NASDAQ: AAPL) has sent a powerful ripple through the financial markets, committing an additional $100 billion to U.S. manufacturing, bringing its total planned domestic investment to an astounding $600 billion through 2029. This monumental pledge, announced in conjunction with President Donald Trump, has ignited a significant surge
Both Corning and Coherent have long-standing ties to Apple’s US manufacturing operations and have now been named as strategic partners in this expanded initiative.
Apple's (NASDAQ: AAPL) stock experienced a significant surge following CEO Tim Cook's announcement of an additional $100 billion investment in US manufacturing over the next four years. This strategic move, revealed on August 6, 2025, during an event with then-President Donald Trump, brings Apple's total planned US investment to an
Apple's (NASDAQ: AAPL) shares experienced a significant surge following the company's announcement of an additional $100 billion investment in U.S. manufacturing over the next four years. This monumental commitment, bringing Apple's total U.S. investment to $600 billion, was unveiled by President Donald Trump on August 6, 2025, with
Apple's $100 billion U.S. manufacturing investment will focus on components, not iPhone assembly, helping preserve profit margins and avoid price hikes, according to Gene Munster.
The Corning investment is part of Apple’s $100 billion boost to its U.S. manufacturing investment announced Wednesday following Cook’s visit to the White House.
Corning shares are rising in Wednesday's after-hours session after the company announced an expanded partnership with Apple to make precision glass for its products.
The regular session of the US market on Wednesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
Owens Corning (NYSE: OC) beat expectations on earnings and revenue in Q2 2025, with strong growth in Roofing segment and planned divestiture of glass business.
