$127.740
+4.177 (+3.27%)Al cierre
Noticias de GLW
Eventos de GLW
Corning Sees FY26 Tax Rate Around 18.5%, CapEx About $2B
Corning sees FY26 tax rate about 18.5%, CapEx about $2B
U.S. Stock Futures Rise as Investors Await Fed Rate Decision
Stock futures are higher as investors brace for the Federal Reserve's interest-rate decision and a busy slate of corporate earnings. Oil prices remain elevated despite easing for a second session, with geopolitical tensions in the Middle East continuing to threaten energy supplies.The Federal Reserve begins its two-day policy meeting with an interest-rate decision due Wednesday. Markets broadly expect policymakers to hold rates steady, although persistent inflation and elevated energy prices have raised expectations for additional tightening next year. Investors will focus on Fed Chair Kevin Warsh's comments for clues about the policy outlook as the central bank balances inflation risks against economic growth.Earnings take center stage, with Coca-Cola, Boeing, UPS and PayPal among the major companies that reported before the opening bell. Visa, Robinhood and other companies are scheduled to report after the close. Investors are particularly focused on Alphabet, Microsoft and Amazon, which report later this week, looking for evidence that substantial AI investments are translating into revenue growth and profitability.In pre-market trading, S&P 500 futures rose 0.38%, Nasdaq futures rose 0.53% and Dow futures rose 0.25%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -MidCap Financialup 23% after entering into a definitive merger agreement under which Ares Capital will acquire MFIC in a stock-and-cash transaction for a total enterprise value of approximately $2.6BUP AFTER EARNINGS -JetBlueup 14%Celesticaup 11%Royal Caribbeandown 5%Johnson Controlsup 4%Corningup 1%Freeport-McMoRanup 1%Cadence Designup 1%DOWN AFTER EARNINGS -Watscodown 10%Whirlpooldown 7%HSBCdown 6%Boeingdown 2%Coca-Coladown 1%PayPaldown 1%UPSdown 1%
Sees Revenue of $5.2B-$5.3B, Consensus $5.21B
Sees revenue $5.2B-$5.3B, consensus $5.21B
Springboard CFO Expects Sales to Double to $40 Billion by 2030
Ed Schlesinger, CFO, said, "When we upgraded Springboard in May, we laid out a path to double our annualized sales run rate from $20 billion to $40 billion by the end of 2030. We also expect to grow earnings faster than sales, with significantly higher ROIC and substantially more free cash flow. To support that growth, we have steadily added capacity, backed by long-term customer agreements that share the cost and risk of expansions. As a result, we have been able to grow adjusted free cash flow to $2.27 billion through the first nine months of 2026 while investing to meet demand. Looking ahead, we expect our outstanding performance to continue. In the fourth quarter, we expect to grow core sales approximately 19% year over year to a range of $5.2 billion to $5.3 billion and grow core EPS approximately 36% year over year to a range of $0.96 to $1.00."
General Electric Reports Q3 Core Sales of $5.08B
Reports Q3 core sales $5.08B, consensus $5.03B. Wendell Weeks, CEO, said, "We delivered an outstanding third quarter. Year over year, core sales grew 19% to $5.08 billion, and core EPS grew 36% to $0.91. We expanded core gross margin 150 basis points to 40.5%, core operating margin 310 basis points to 22.7%, and core ROIC 330 basis points to 16.7% - with strong adjusted free cash flow of $661 million, while investing more than half a billion in capital expenditures to address demand for our innovations. Our strong results provide excellent proof points of the acceleration of growth outlined in our '20-30-40' Springboard Plan. We continue to successfully expand our content within customers' ecosystems and outperform our underlying markets. For example, in Optical Communications, faster adoption of our innovations helped us double our Gen AI sales year over year in the quarter, outpacing GPU unit growth."
Esta página es solo para investigación y no constituye asesoramiento de inversión. Los modelos pueden equivocarse. El rendimiento pasado no garantiza resultados futuros.