Corning is best known for Gorilla Glass, the durable material used in smartphone screens. The company also makes the optical fiber, cables, and connectors that move data among thousands of processors inside artificial intelligence data centers. That business helped more than double Corning’s share price over the previous year. Corning (GLW) shares were down about
AbbVie(ABBV) reports second-quarter results on Friday, July 31, and the mood around the stock has changed. A few months ago, investors were restless. The two drugs carrying the company were doing fine, but everyone already knew that, and the market wanted a new reason to invest. Goldman Sachs went back through the numbers ahead of
After its record-breaking debut, SpaceX is proving that a blockbuster IPO does not guarantee a smooth ride. The rocket and satellite company has spent much of July shedding value at a pace that caught seasoned traders off guard. Shares fell again on July 27, marking the 13th decline in the last 16 sessions. The stock
If your company is heading toward a public listing in 2026, your net worth may have multiplied on paper in months. One of the largest banks in the world is urging you to pause and answer one question before you touch a dime. SpaceX kicked off the class with the largest IPO in history in
You did the right things. You saved. You invested. You planned your retirement income carefully. T hen the Medicare bill arrived and it was nothing like what you expected. The number on the page was hundreds of dollars higher per month than the standard premium you had budgeted for. What hit you is called IRMAA,
Amazon launched its Nova family of AI models at re:Invent in December 2024 with much fanfare: Nova Premier, Nova Omni, Nova Reel, Nova Canvas. The pitch was that Amazon was building affordable, capable alternatives to the models from OpenAI, Anthropic, and Google. It was a broad lineup designed to show the market that AWS wasn’t
Comcast, which owns Xfinity, is betting big on a slate of generous offers to deter customers from ditching its internet services. In the second quarter of 2026, Comcast lost 167,000 U.S. broadband customers, and revenue in this segment declined by 5.5% year over year, according to its latest earnings report. The losses come as the
Wall Street is watching Akamai Technologies closely after a blockbuster deal reshaped the company’s growth story earlier this year. Morgan Stanley reaffirmed its “Overweight” rating on Akamai (AKAM) in a July 27 research note shared with me, keeping its price target at $165, roughly 48% above the stock’s July 28 close of $111. Valued at
Central banks spend decades building a reputation and can spend the whole thing in a single afternoon. Every institution that manages expectations for a living runs into the same trap. Move too slowly and you look asleep at the wheel. Move without warning and you teach everyone watching that your signals were never worth much.
When a large company misses a quarter, the customer usually takes the blame. Wages are tight, gas is expensive, budgets are stretched thin. It is the one explanation nobody in a boardroom can be accused of inventing. Most of the time, it is even true. Consumer spending really does bend, and it bends hardest on