Corning stock price continued its strong bull run, making it one of the best-performing companies on Wall Street. GLW jumped to a record high of $255.70, up by 190% this year, with its market capitalization rising to over $220 billion. Corning has become a major player in the AI industry Corning, a top technology company,
Wells Fargo has increased its price target on Advanced Micro Devices to $615 from $505 while maintaining its Overweight rating, reflecting growing confidence in the company’s long-term server CPU business and continued demand driven by artificial intelligence (AI). AMD shares rose 2% on Tuesday’s trading after closing the previous session 3.4% higher at $539.49. Wells
SanDisk shares SNDK rose 4.9% in early trading on Tuesday after Bernstein raised its price target on the stock, citing durability in its future business model. The move comes as investors continue to assess the strength of the ongoing memory supercycle, driven by surging demand for components used in artificial intelligence data centers. SanDisk and
US stocks have been in sharp uptrend since late March and the momentum is unlikely to slowdown in the second half of 2026, says CFRA’s chief investment strategist Sam Stovall. In his latest report, Stovall maintained that the benchmark S&P 500 index will reach 7,730 by year-end, indicating potential upside of another 4% from current
US job openings held steady in May at a higher-than-expected level, reinforcing signs that the labor market remains resilient despite lingering uncertainty over economic growth and hiring. The number of available jobs stood at 7.6 million in May, unchanged from the previous month but above economists’ expectations of 7.3 million, according to the latest Job
Comcast on Monday unveiled plans to break itself into two publicly traded companies, separating its connectivity operations from its media and entertainment assets in the latest attempt by a legacy media company to adapt to the rapidly changing streaming landscape. The tax-free spin-off, expected to be completed in about a year, will create one company
Cardano (ADA) remains under pressure after a sharp sell-off over the past month, but several technical indicators suggest the pace of the decline may be slowing. The Cardano price was trading at $0.1445 at the time of writing, down 1.3% over the previous 24 hours and 10.8% over the last seven days. The token has
Charter Communications shares CHTR surged over 24% in premarket trading on Monday after a Bloomberg report said the cable and broadband giant was in discussions with SpaceX over a potential partnership to offer consumer mobile services. According to the report, executives from SpaceX and Charter have held high-level talks about working together on a mobile
Rocket Lab (NASDAQ: RKLB) stock price has suffered a major reversal in the past few weeks, moving from the year-to-date high of $151 on May 27 to $84. This retreat continued even after the company landed a new NASA contract last week. So, is it safe to buy the dip or sell the rip? Rocket
Shares of advanced battery materials developer Solidion Technology STI swung sharply on Monday after the company announced plans to acquire a stake in SpaceX as a long-term treasury asset. It became the latest listed firm seeking exposure to Elon Musk’s aerospace company through its balance sheet. Solidion’s stock jumped more than 23% at one point,