Meta (META) has reportedly agreed a deal to pay Corning (GLW) as much as USD 6bln for fibre optic cables in data centres, CNBC reports citing the Corning CEO
This deal between Meta and Corning underlines the growing demand for fiber optic infrastructure as data centers expand, particularly in the context of the increasing reliance on cloud services and data processing.
General Motors (GM) CEO says demand for full size SUV and truck demand pushing up profits; GM will have a handful of hybrids
UK PM Starmer says UK was missing out by not engaging in China
Meta (META) has reportedly agreed a deal to pay Corning (GLW) as much as USD 6bln for fibre optic cables in data centres, CNBC reports citing the Corning CEO
Boeing (BA) Q4 2025 (USD): Adj. EPS 9.92 (exp. -0.43), Revenue 23.9bln (exp. 22.48bln); Q4 results included USD 9.6bln gain on digital aviation solutions deal and increased EPS by 11.83
Pinterest (PINS) announces restructuring plan affecting less than 15% workforce; anticipates restructuring charges of USD 35-45mln; reallocating resources to AI-focused roles
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- Corning CEO thinks that “next year the hyperscalers will be our biggest customers.”
It highlights Meta's commitment to enhancing its data capabilities, which could signal positive implications for both companies' outlooks in the technology sector. Investors should consider how this partnership might influence broader trends in tech infrastructure spending and its impact on related equities.
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