Today: 28 April 2026
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ASX:CPU 23 February 2026

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  • Corning Misses Q1 Revenue Estimates, Stock Falls on Weaker Guidance
    April 28, 2026, 8:43 AM EDT. Corning (NYSE:GLW) reported Q1 CY2026 revenue of $4.14 billion, up 12.6% year on year but 4.1% below analyst estimates. Its adjusted earnings per share (EPS) of $0.70 matched forecasts, while adjusted EBITDA missed at $1.09 billion. The company's revenue guidance for Q2 of $4.6 billion fell short by 2.2%. Operating margin improved to 15.4% from 12.1% last year, and free cash flow turned positive at $30 million from a prior loss. Despite recent acceleration in revenue growth-11.9% annually over two years versus 6.7% over five-the company faces cautious investor reaction due to weaker-than-expected guidance. Analysts remain upbeat on longer-term prospects, projecting 16.5% sales growth over the next 12 months, driven by new products and market trends.

Latest article

GM Earnings Beat: Profit Forecast Rises After $500 Million Tariff Break

GM Earnings Beat: Profit Forecast Rises After $500 Million Tariff Break

28 April 2026
General Motors raised its 2026 profit forecast Tuesday after a $500 million tariff adjustment and stronger-than-expected first-quarter results. GM reported Q1 revenue of $43.6 billion, net income of $2.6 billion, and adjusted EBIT of $4.3 billion. Adjusted earnings per share rose 33% to $3.70, beating analyst estimates. Shares climbed about 5% in premarket trading.
Fake Heavy-Equipment Websites Put BBB Trust Push to the Test After Buyers Lose $107,600

Fake Heavy-Equipment Websites Put BBB Trust Push to the Test After Buyers Lose $107,600

28 April 2026
Three buyers lost $107,600 after wiring funds to Digron Machinery Depot, a Sioux Falls-linked site flagged by the Better Business Bureau for fake heavy-equipment sales. Another scam used the name and address of Milton Brothers Implement in Nebraska, which has no website and is not involved. No financial victims have been identified in the Nebraska case. Authorities in both states have been notified.
Verizon Just Broke a 13-Year Q1 Subscriber Slump. Here’s What Changed

Verizon Just Broke a 13-Year Q1 Subscriber Slump. Here’s What Changed

28 April 2026
Verizon added 55,000 postpaid phone customers in Q1, its first positive March-quarter result since 2013, and raised its 2026 adjusted EPS forecast to $4.95–$4.99. First-quarter revenue rose 2.9% to $34.4 billion, net income increased 3.3% to $5.1 billion, and adjusted EPS climbed 7.6% to $1.28. Shares rose 1.5% premarket. Verizon also reported 341,000 broadband net additions.
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