Corning Sinks After Q1 Beat as Softer Q2 Guidance Disappoints Investors
Corning beat Q1 estimates but gave weak Q2 outlook, so shares fell despite strong year-to-date gains.
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Corning beat Q1 estimates but gave weak Q2 outlook, so shares fell despite strong year-to-date gains.
Despite reporting 94% revenue growth and securing a multi-year OpenAI agreement worth over $20 billion, Cerebras shares fell in after-hours trading on lower margin guidance.
Despite beating Q4 expectations with 13% revenue growth to $25B and $6.31 EPS, FedEx shares declined on weaker-than-expected calendar 2026 outlook and post-spin-off uncertainty.
The deal builds on its 2024 Vizio acquisition and targets small and medium-sized businesses with easier, measurable CTV advertising.