8legs: Corning incorporated

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GE Vernova posted Q4 revenue of $10.95B, beating consensus despite a weaker Wind segment.
Backlog for gas power equipment rose to 83 GW, lifting the long-term outlook.
CNBC notes management raised 2026 and 2028 outlooks versus prior guidance.
Starbucks exceeded expectations on comp growth, led by US performance.
Corning benefited from a Meta data center deal but core results were mixed.
Danaher beat across the board with attention on its 2026 outlook.
CNBC Investing Club information carries disclaimers about trade rules.
The article emphasizes that the overall earnings flash focuses on four portfolio holdings.
Meta’s data center demand contributed to Corning’s positive tone.
The piece notes that margins may follow top-line improvements for Starbucks.

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#2 out of 2

Corning inks a roughly $6 billion, 2030 deal to supply optical fiber and connectivity gear for Meta data centers, signaling a major step for its optical business.
Market reaction: Corning shares jumped more than 16% on the news ahead of its Q4 earnings release.
Analysts see AI data center buildouts as fueling demand for Corning's optical solutions, reinforcing scale-out capabilities.
Meta is expected to become the biggest AI customer for Corning, boosting its optical segment's contribution.
Morgan Stanley believes the size of the deal underscores its strategic importance amid accelerating AI data center investments.
Meta’s data center ambitions drive demand for fiber, highlighting the shift toward closer-to-compute connectivity.
The deal may expand Corning’s exposure beyond its traditional customer base in AI infrastructure.
Corning's optical segment already accounts for about 40% of total revenue, a figure analysts expect to grow.
The capital deal aligns with Meta's strategy to accelerate AI-driven data center expansion.
Investors should watch Meta's forthcoming earnings for further context on the deal's impact.

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