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.
Building and construction materials manufacturer Owens Corning (NYSE:OC) announced better-than-expected revenue in Q2 CY2025, but sales fell by 1.5% 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.
Building and construction materials manufacturer Owens Corning (NYSE:OC)
will be reporting earnings this Wednesday morning. Here’s what investors should know.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 12.7% in the afternoon session after the company reported stellar second-quarter financial results that surpassed analyst expectations, driven by surging demand for its AI-related products. The materials science company announced that core sales grew 12% year-over-year to $4.05 billion, while core earnings per share (EPS) jumped 28% to $0.60, beating analyst estimates. This performance was largely attributed to the Optical Communications division, where enterprise sales soared by an impressive 81% year-over-year, propelled by strong demand for products used in Generative AI. Bolstering investor confidence, the company also issued an optimistic forecast for the third quarter, projecting core sales of around $4.2 billion and signaling that management expected the positive momentum to persist.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Tuesday as we examine the latest happenings in today's session.
