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Why Corning (GLW) Is Up 6.1% After Amazon’s Multiyear US Data Center Fiber Deal And What's Next
Simply Wall St.113d agoneutral
Why Corning (GLW) Is Up 6.1% After Amazon’s Multiyear US Data Center Fiber Deal And What's Next

Earlier this week, Amazon announced a multiyear, multibillion-dollar agreement for Corning to supply optical fiber, cable, and connectivity components for its expanding U.S. data center infrastructure, alongside plans to add about 1,000 manufacturing jobs at Corning’s North Carolina facilities and expand a fiber technician training program. This partnership deepens Corning’s role in AI and cloud infrastructure buildouts, reinforcing its position in U.S.-based optical communications...

Amazon Corning Fiber Pact Backs AWS AI Buildout And US Jobs
Simply Wall St.113d agoneutral
Amazon Corning Fiber Pact Backs AWS AI Buildout And US Jobs

Amazon.com (NasdaqGS:AMZN) has signed a multibillion dollar fiber optics supply agreement with Corning. The deal focuses on expanding Amazon's U.S. data center infrastructure and supporting American manufacturing. The agreement includes workforce training initiatives linked to the build out of Amazon's cloud and AI infrastructure. For readers watching cloud and AI infrastructure, this move relates to how Amazon.com (NasdaqGS:AMZN) is building the physical backbone behind Amazon Web Services...

Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way
The Wall Street Journal113d agoneutral
Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way

Such is life on Wall Street at the dawn of the artificial-intelligence build-out. Tech companies are hungry for cash to invest in data centers, and investors are forking it over through all possible means, in all parts of the globe—a flurry of fundraising that has mostly supported markets by powering technological advances, even as it tests their ability to absorb it all. Alphabet’s announcement that it would raise $85 billion of equity was just the latest example.

Corning (GLW) Shares Skyrocket, What You Need To Know
StockStory113d agoneutral
Corning (GLW) Shares Skyrocket, What You Need To Know

Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 7.4% in the morning session after Amazon announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for its expanding U.S. data center infrastructure.

Bloomberg113d agoneutral
Trump’s $100,000 H-1B Visa Application Fee Rejected by Judge

(Bloomberg) -- A federal judge struck down a $100,000 fee President Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Stri

Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?
24/7 Wall St.114d agobullish
Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?

Friday’s session broke a nine-week winning streak in the NASDAQ 100, with the index plunging hard enough to make investors wonder whether the AI-led rally in names like NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) had finally rolled over. Today, the bid is back. The NASDAQ 100 is up 2% to 29,589.50 and the Invesco QQQ Trust ... Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?

Amazon (AMZN): Top 10 Chase Coleman Stock To Buy
Insider Monkey114d agobullish
Amazon (AMZN): Top 10 Chase Coleman Stock To Buy

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. On June 4, 2026, Amazon.com, Inc. (NASDAQ:AMZN) unveiled its next-generation Proteus autonomous robot as part of a €10 billion investment to modernize its European fulfillment network. The updated technology uses advanced AI to interpret natural-language commands from employees, eliminating […]

Robots drive $10B Amazon investment for European fulfillment centers
FreightWaves114d agoneutral
Robots drive $10B Amazon investment for European fulfillment centers

Amazon has deployed 1 million robots, mostly in the United States. Now it is investing heavily to expand robot use across fulfillment centers in Europe. The post Robots drive $10B Amazon investment for European fulfillment centers appeared first on FreightWaves.

Corning’s Amazon Data Center Deal Deepens AI Ties Despite Valuation Concerns
Simply Wall St.114d agoneutral
Corning’s Amazon Data Center Deal Deepens AI Ties Despite Valuation Concerns

Corning (NYSE:GLW) has entered a multiyear agreement to supply optical fiber and connectivity solutions for Amazon’s expanding U.S. data center infrastructure. The partnership includes the creation of 1,000 new U.S. manufacturing jobs tied to Corning’s data center related production. Corning and Amazon are also collaborating on a fiber optic technician training program to support the buildout of data center networks. For investors, this new Amazon agreement places Corning more firmly within...

Is Amazon.com, Inc. (AMZN) A Good Stock To Buy Now?
Insider Monkey114d agobullish
Is Amazon.com, Inc. (AMZN) A Good Stock To Buy Now?

Is AMZN a good stock to buy? We came across a bullish thesis on Amazon.com, Inc. on r/ValueInvesting by _The_Silent_Investor. In this article, we will summarize the bulls’ thesis on AMZN. Amazon.com, Inc.’s share was trading at $246.03 as of June 5th. AMZN’s trailing and forward P/E were 31.60 and 31.15 respectively according to Yahoo Finance. Amazon.com, […]