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Corning Shares Erupt On Nvidia Deal To Supercharge Fiber Optics Output By 10x
Corning Shares Erupt On Nvidia Deal To Supercharge Fiber Optics Output By 10x
U.S.-based glass company Corning soared in premarket trading in New York after announcing a new mega deal with Nvidia to expand manufacturing capacity for fiber optic production used in AI data centers.
"Corning will increase its U.S.-based optical connectivity manufacturing capacity by 10x and expand its U.S. fiber production capacity by more than 50% to meet the accelerating demand driven by AI factory buildouts," Nvidia wrote in a press release.
The expansion includes three new manufacturing plants in...
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Feb 21, 2026 / Tyler Durden
Boards Are Replacing CEOs At The Fastest Pace In Over A Decade
Boards Are Replacing CEOs At The Fastest Pace In Over A Decade
A historic wave of leadership change is sweeping corporate America. Across 1,500 of the largest publicly traded companies, roughly one in nine CEOs was replaced last year—the highest churn since the post-financial-crisis years., according to the Wall Street Journal.
The turnover has ushered in the largest cohort of new chief executives in more than a decade, and they’re arriving younger and, in many cases, with thinner résumés than their predecessors.
The shake-up hasn’t slowed in 2026. Companies including Walmart, Procter...
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Jul 7, 2026 / Tyler Durden
Welcome To Realpolitik, Which Will Be Co-Hosting Every World Cup From Now On
Welcome To Realpolitik, Which Will Be Co-Hosting Every World Cup From Now On
By Michael Every of Rabobank
It's easy to talk of the 'collapse of the rules-based order', but for most people it's too abstract to impact on their day-to-day lives. Then the US president --who claims he didn't know what a red card was-- calls up the head of FIFA to ask if the US World Cup team's leading scorer Balogun can have one suspended to play the round of 16 game vs Belgium - and it is. That...
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Apr 16, 2026 / Tyler Durden
Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany's parliament has approved a sizeable contract for defense giant Rheinmetall to supply loitering munitions, or kamikaze drones, to the Bundeswehr, underscoring just how quickly European militaries are internalizing drone warfare lessons from both the Russia-Ukraine war and, more recently, the U.S.-Iran conflict. Berlin's latest procurement push makes it clear that one-way attack drones are becoming a serious threat, and the race to stockpile them has begun.
Bloomberg reports that the budget committee of the Bundestag approved the Defense Ministry's proposal for an...
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