Corning reported strong Q1 earnings, with optical communications sales growing 36% year-over-year to $1.85 billion. The company announced two new hyperscaler deals similar to its $6 billion agreement with Meta. Corning's Q1 sales rose 18% to $4.35 billion, driven by demand for AI products and new solar products.
A survey from Akamai found that AI tools are increasing API attack risks, with 42% of respondents reporting AI-related API attacks at an average cost of over $700,000 per incident. The survey also found that 87% of respondents experienced an API-related security incident in the past year.
OpenAI's report on the AI market caused AI-focused stocks to plummet, with shares of Alphabet, Microsoft, NVIDIA, and Amazon seeing significant declines. The report cited challenges such as a lack of transparency and a shortage of skilled workers.
Meanwhile, Clarivate is set to report its Q1 earnings, with investors watching to see if the company's AI products can reverse its revenue decline. A survey from CyberEdge Group found that 80% of IT security professionals believe AI may cost them their jobs.
The AI chip industry is vulnerable to a helium shortage, which could impact semiconductor production. Helium is used in EUV lithography, wafer cooling, and mass spectrometry leak detection.
Key Takeaways
["Corning's Q1 earnings beat estimates due to high demand for AI fiber and hyperscale deals.", "Corning's optical communications sales grew 36% year-over-year to $1.85 billion.", 'Akamai survey finds AI tools increase API attack risks, with 42% of respondents reporting AI-related API attacks.', 'OpenAI report causes AI-focused stocks to plummet, including Alphabet, Microsoft, NVIDIA, and Amazon.', "Clarivate's AI products may provide a catalyst for growth as the company reports Q1 earnings.", '80% of IT security professionals believe AI may cost them their jobs, according to a CyberEdge Group survey.', 'The AI chip industry is vulnerable to a helium shortage, which could impact semiconductor production.', 'Corning announced two new hyperscaler deals similar to its $6 billion agreement with Meta.', "OpenAI's IPO is favored over Anthropic's, with a 70% probability of going public first.", 'Oppenheimer identifies industrial AI stocks poised for growth, including Amprius Technologies and Electrovaya.']Corning's AI fiber deals boost Q1 earnings
Corning reported strong Q1 earnings, beating estimates due to high demand for AI fiber and hyperscale deals. The company's optical communications division saw $1.85 billion in sales, up 36% year-over-year. Corning also announced two new hyperscaler deals similar to its $6 billion agreement with Meta. The company expects core sales to grow 14% year-over-year in Q2.
Corning's Q1 sales jump 18% on AI and solar demand
Corning's Q1 sales rose 18% year-over-year to $4.35 billion, driven by robust demand for AI products and new solar products. The company's optical communications sales grew 36%, and solar sales increased 80%. Corning also finalized two hyperscaler deals similar in size and duration to its $6 billion agreement with Meta.
Corning's Q1 sales beat estimates on AI and solar growth
Corning's Q1 sales beat estimates, rising 18% year-over-year to $4.35 billion. The company's optical communications sales grew 36%, and solar sales increased 80%. Corning also announced two new hyperscaler deals similar to its $6 billion agreement with Meta.
AI boosts API attack risks, Akamai survey finds
A new survey from Akamai found that AI tools are widening API attack risks. 42% of respondents reported AI-related API attacks, with an average cost of over $700,000 per incident. The survey also found that 87% of respondents experienced an API-related security incident in the past year.
AI tools increase API attack risks
A new survey from Akamai found that AI tools are making API attacks worse. 42% of respondents reported AI-related API attacks, with an average cost of over $700,000 per incident. The survey also found that security spending is shifting towards API security.
Can Clarivate's AI products stem revenue decline?
Clarivate is set to report its Q1 earnings, with investors watching to see if the company's AI products can reverse its revenue decline. Analysts expect earnings of $0.14 per share on revenue of $568.8 million. The company's AI products, including Nexus Connect, may provide a catalyst for growth.
OpenAI report sends AI stocks tumbling
A report from OpenAI showed that the AI market is facing a major slowdown, causing AI-focused stocks to plummet. Shares of Alphabet, Microsoft, NVIDIA, and Amazon saw significant declines. The report cited challenges such as a lack of transparency and a shortage of skilled workers.
AI may cost IT security pros their jobs
A new survey from CyberEdge Group found that 80% of IT security professionals believe AI may cost them their jobs. The survey also found that 97% of IT security hiring managers are seeking candidates with AI-related skills. AI is also contributing to a rise in adaptive and evasive malware.
Top industrial AI stocks to watch
Oppenheimer identified several industrial AI stocks poised for growth, including Amprius Technologies, Electrovaya, Aeva Technologies, and Ouster. These companies are involved in battery technology, sensor systems, and intelligent transportation applications.
Stock market today: Tech stocks tank on report
Tech stocks dropped on a report that OpenAI missed revenue targets. The news hit stocks like Oracle, SoftBank, and CoreWeave, which have deals with OpenAI. The AI trade is at a critical juncture.
OpenAI vs. Anthropic: AI IPO bets
Prediction markets show strong sentiment for OpenAI's IPO before Anthropic's, with significant volume in AI and geopolitical bets. The odds favor OpenAI, with a 70% probability of going public first.
AI chip industry vulnerable to helium shortage
The AI chip industry is vulnerable to a helium shortage, which could impact semiconductor production. Helium is used in EUV lithography, wafer cooling, and mass spectrometry leak detection. The industry is exploring recycling, redesign, and diversification efforts to mitigate the risk.
Sources
- Corning Q1 2026 earnings beat on AI fiber, hyperscale deals
- Corning's Q1 sales jump 18% as AI and solar demand surge
- Corning's Q1 sales jump 18% as AI and solar demand surge
- Security Leaders Cite AI as a Risk Multiplier for APIs in New Akamai Survey
- AI tools are widening API attack risks, Akamai survey finds
- Clarivate earnings up next: Can AI products stem revenue decline?
- One OpenAI report just gut-punched the entire AI trade
- Four in Five IT Security Pros Believe AI May Cost Them Their Jobs, Finds CyberEdge Group’s 2026 Cyberthreat Defense Report
- Top Industrial AI Stocks to Watch, According to Oppenheimer
- Stock market today: Tech stocks tank on report OpenAI missed targets
- AI IPO Bets: OpenAI vs. Anthropic
- War or Peace, the Artificial Intelligence (AI) Chip Industry Just Learned Depending on One Route for 30% of Its Helium Is Risky
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