#corning

US Top News and Analysis | Stocks making the biggest moves midday: Akamai Technologies, Micron, Nebius, Alibaba & more AI generated summary, Read the full article for complete information. Midday trading saw a broad rally in chip stocks, with the VanEck Semiconductor ETF (SMH) gaining more than 1% and companies such as Micron Technology (+3%), On Semiconductor (+10%), Marvell Technology (+7%) and Nvidia (+2%) all advancing. Akamai Technologies jumped almost 7% after Bank of America upgraded the stock and highlighted its transition to an AI‑infrastructure platform. AI‑focused cloud firm Nebius surged 16% on a 684% revenue jump to $399 million and the announcement of a new AI factory in Pennsylvania. U.S.–listed Alibaba climbed 6% after reporting a 38% increase in first‑quarter cloud revenue and expanded AI investments. EchoStar rose 4% following FCC approval of a $40 billion spectrum sale to AT&T and SpaceX, while energy company Nextpower gained 12% after raising its full‑year revenue outlook to $3.8‑$4.1 billion. Conversely, Birkenstock fell over 10% and Resideo Technologies dropped 17% after missing earnings and revenue forecasts, respectively. Photonics names benefitted from the AI theme, with Coherent up 6%, Lumentum up more than 2% and Corning up nearly 2%. Wix.com tumbled 30% after reporting earnings of 68 cents per share, well below expectations. Read more: https://www.cnbc.com/2026/05/13/stocks-making-the-biggest-moves-midday-akam-mu-nbis-baba.html #AkamaiTechnologies #MicronTechnology #Alibaba #Nvidia #ATT #SpaceX #Birkenstock #Wixcom #ResideoTechnologies #Corning #

US Top News and Analysis | We toured an AI data center to see how our stock names make these facilities work AI generated summary, Read the full article for complete information. The article reports on a tour of CoreSite’s AI‑optimized NY3 data center in Secaucus, New Jersey, highlighting how massive power, cooling, and fiber‑optic infrastructure are essential for today’s artificial‑intelligence workloads. CEO Juan Font likens the facility to a shared‑services mall, while executives from CoreSite, Prime Data Centers, and Amazon explain that demand for megawatts—now measured in hundreds to thousands—has surged as tech giants such as Amazon, Alphabet, Meta, Microsoft and chip makers Nvidia and Broadcom pour billions into new campuses. To meet this load, data centers are turning to supplemental energy sources (fuel cells, natural‑gas turbines from GE Vernova), advanced power‑distribution equipment from Eaton, high‑performance GPUs and custom chips, and liquid‑cooling solutions from companies like Dover and Boyd Thermal. The growth in fiber‑optic connectivity, driven by suppliers such as Corning, and networking hardware from Broadcom and Nvidia, is also accelerating. The piece underscores the investment thesis that the AI‑driven data‑center boom creates opportunities across five sectors—power, chips, fiber, networking, and cooling—with CNBC Investing Club holdings positioned in firms like GE Vernova, Eaton, Nvidia, Broadcom, Corning and Dover. Read more: https://www.cnbc.com/2026/04/29/we-toured-an-ai-data-center-to-see-how-our-stocks-make-these-facilities-work.html #CoreSite #Nvidia #Broadcom #Corning #JuanFont