NYSE:GLW 28 April 2026

Amazon Shares: Corning Deal Puts Focus on AI Spending

Amazon shares fell 0.6% to $244.50 after announcing a multiyear optical fiber supply deal with Corning for U.S. data centers. Corning stock jumped 6.3% as the company said the agreement would add 1,000 jobs in North Carolina. Investors focused on Amazon’s rising AI infrastructure costs. The Nasdaq rose 1.27% in morning trading.

June 8, 2026

Business·Finance·News·NYSE:GLW·Technology

Corning Earnings: AI Fiber Boom Lifts Q1, But GLW Stock Slips on Q2 Outlook

Corning’s first-quarter core sales jumped 18% to $4.35 billion, fueled by AI data center and solar demand. Net income more than doubled to $371 million. The company signed two new long-term hyperscaler deals similar to its up-to-$6 billion Meta agreement. Shares fell premarket as investors weighed second-quarter guidance and solar-wafer shutdown costs.

April 28, 2026