AstraZeneca, Corning, and Others Featured in CNBC's 'Final Trades'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 04 2025
0mins
Should l Buy GLW?
Source: Benzinga
Final Trades on CNBC: Jim Lebenthal highlighted AstraZeneca PLC as his final trade, following the positive results from the Phase 3 trial of baxdrostat, which showed significant reductions in blood pressure.
Other Notable Picks: Stephen Weiss chose iShares Bitcoin Trust ETF, citing a recovery in Bitcoin prices, while Liz Young Thomas selected Invesco S&P 500 High Dividend Low Volatility ETF, and Joe Terranova picked Corning Incorporated, which received an upgrade from UBS.
Stock Performance: AstraZeneca shares rose 2.4% to $82.11, iShares Bitcoin Trust ETF increased by 1.3%, Invesco S&P 500 High Dividend Low Volatility ETF saw a slight rise of 0.2%, and Corning shares gained 1.3% to $69.34.
Market Insights: The article also mentions Wall Street analysts providing insights on financial stocks with high dividend yields, indicating ongoing interest in investment opportunities.
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Analyst Views on GLW
Wall Street analysts forecast GLW stock price to fall
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 181.570
Low
83.00
Averages
99.00
High
110.00
Current: 181.570
Low
83.00
Averages
99.00
High
110.00
About GLW
Corning Incorporated operates as an innovator in materials science. Its segments include Optical Communications, Display, Specialty Materials, Automotive, and Life Sciences. Its Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. Its Display segment manufactures glass substrates for flat-panel displays, including liquid crystal displays and organic light-emitting diodes. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and crystals, precision metrology instruments and software for customer needs. Its Automotive segment manufactures ceramic substrates and filter products for emissions control systems in mobile applications as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Its Life Sciences segment develops, manufactures, and supplies laboratory products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Strategic Plan Upgrade: The company is upgrading its internal Springboard plan to target a $30 billion annualized sales run rate by the end of 2028, a substantial increase from the $11 billion target outlined in January, reflecting Corning's confidence in capturing market opportunities.
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See More
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- Large-Scale Collaboration: Under the agreement, Nvidia and IREN will deploy up to 5 gigawatts of DSX-branded infrastructure designs aimed at powering AI workloads across global data centers, significantly enhancing IREN's competitiveness in the global data center market.
- Equity Purchase Rights: IREN will grant Nvidia a five-year right to purchase up to 30 million shares of its ordinary stock at an exercise price of $70 per share, which not only provides potential capital inflow for IREN but also strengthens Nvidia's strategic investment confidence in the company.
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See More
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- AI Infrastructure Deployment: The two companies will deploy up to 5 gigawatts of Nvidia's DSX-branded infrastructure designs aimed at powering artificial intelligence workloads across IREN's global data center facilities, enhancing its technological edge and service capabilities in the global data center market.
- Positive Market Reaction: Following the announcement of the partnership, IREN's stock surged 13% in after-hours trading, reflecting strong investor confidence in the strategic collaboration, which may drive future stock performance and market sentiment.
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See More
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- Software Stock Rebound: Strong results from cybersecurity firm Fortinet boosted software stocks, benefiting companies like CrowdStrike and Palo Alto Networks; despite Jim Cramer's concerns about potential AI disruptions to cybersecurity vendors, investor confidence appears to be recovering.
- Partnership Impact: Jim highlighted the partnership between Nvidia and Corning as a potentially significant shift for AI infrastructure, with Corning planning to increase optical fiber connectivity manufacturing capacity tenfold; although Corning's shares dipped slightly on Thursday, they had surged 12% the previous day due to the Nvidia deal.
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- Arm Holdings Earnings Report: Despite a strong earnings report from Arm Holdings showcasing robust data center CPU business, shares fell 8% this morning due to insufficient supply of new CPUs to raise revenue forecasts, even though they are more power-efficient than AMD and Intel's x86 processors.
- Fortinet Share Surge: Fortinet's stock surged 15% after delivering outstanding quarterly results, prompting BTIG analysts to upgrade the stock from hold to buy, with Fortinet commanding 50% of the global firewall market, boosting the performance of other cybersecurity stocks as well.
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