Here is Corning. We are up 5% here. This was trading along the 200. So the this actually looks like a really nice hold of that 200. This takes us up to 15140. That's basically where the 20 is.
That means the 50-day is next here. 15575. That definitely would be a key level. I think that 172 173 area might also be a key level. 13. What do you think here? Ticker GLW Corning.
Yeah. Uh Corning down uh on news from Friday, but the offering, I believe, but then also being hit with the AI news. So, Corning double gap down here it looks like uh today.
If I remove the uh volume threshold that I have and we make this big caps, we're going to have GLW and Nokia at the top of the gap down list. I think it was Buffalo by Bicycle that asked about this um earlier.
Corning shares are trading lower after the company announced a $2 billion offering. That was Friday after hours. Obviously, it's moving lower here this morning with some of the AI news as well.
Here's what the Corning chart looks like. 13, did you maybe this is a good segue here. We can kind of take a look at GLW and then we can take other um requests from the chat on some of the other stocks that folks are looking at. So, maybe we'll start here with GLW.
uh all is rising here. Corning GLW >> no it wasn't Corning. It was a smaller >> that's up too. Verizon and Corning signed multi-billion dollar fiber deal to expand broadband and uh build AI infrastructure.
the other one being mentioned here was EKS mentioning Corning which is ticker GLW that was also moving nicely here earlier today. It still is. So this is nice little grind higher here and at HOD.
Where was the next spot on this from the daily? Uh yeah. Okay. That's going to be right in here. Right. Yeah. Right about 175 I'm thinking.
Business is booming for Corning as demand for its optical connectivity solutions, particularly within enterprise networks, where generative AI product sales nearly doubled year over year.
Overall, the company reported $4.74 billion in sales in its most recently completed quarter, and that was up 17% from the same time last year. The management team sounded optimistic about their long-term prospects, announcing a spring board 2030-40 plan where they expect their sales targeting annualized run rate of $20 billion by the end of 2026, $30 billion by the end of 2028, and $40 billion by the end of 2030.