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.
- New Partnership Agreement: Corning has announced a long-term deal with Nvidia to boost optical connectivity capacity by tenfold, which not only strengthens its competitive edge in AI infrastructure but also lays the groundwork for future technological innovations.
- Future Outlook: Entering 2027, Corning expects to enter a new phase of accelerated growth, aiming for a $40 billion annualized sales run rate by 2030, showcasing the company's strong growth potential in emerging markets and technological trends.
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.
- Kraft Heinz Recovery Plan: Although Kraft Heinz has struggled for years, CEO Steve Cahillane is investing in brands like Kraft mac and cheese to restore the company's former glory, aiming to win back consumers and drive growth, reflecting confidence in future prospects.
See More
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- McDonald's Earnings Preview: McDonald's is set to report earnings on Thursday morning, with shares down 13% over the past three months and 17% from early March highs, indicating challenges in the Chinese market that may affect investor confidence.
- Corning and Nvidia Partnership: Corning announced plans to build three new factories for Nvidia, resulting in a 12% stock increase on Wednesday, with shares peaking at 20% in the morning, reflecting optimistic market expectations for future growth.
- Citigroup Investor Day: Citigroup's CEO will join the investor day on Thursday, with the stock up 9% in 2026 but down 5.6% from the April high, suggesting cautious market sentiment regarding its long-term performance.
- ADP Job Data Exceeds Expectations: The ADP report showed an addition of 109,000 jobs in April, surpassing market expectations, although the chief economist cautioned about an increase in low-paying part-time jobs, which could impact the quality of economic recovery.
See More
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- Market Rally: The S&P 500 and Nasdaq reached new highs fueled by optimistic expectations surrounding an Iran deal, indicating a significant rebound in investor confidence that could lead to increased capital inflows into the stock market.
- Tech Stocks Lead: Nvidia emerged as a market leader, driving a new wave of buying activity, reflecting strong investor confidence in its future growth potential, which may further enhance its market valuation.
- Arm Earnings Impact: Arm's earnings performance has become a focal point for the market, expected to positively influence related tech stocks and potentially trigger M&A activity within the industry, thereby invigorating market dynamics.
- Improved Investor Sentiment: As optimism about economic recovery grows, investors may reassess their allocations to risk assets, propelling the overall market upward and further solidifying the bullish trend in equities.
See More
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- AI Market Optimism: The bullish outlook for the CPU market from AMD, coupled with Nvidia's multi-year partnership with Corning to enhance domestic fiber and optical connectivity manufacturing, is fueling enthusiasm for AI data center buildouts, significantly boosting market confidence.
- Equity Purchase Options: Nvidia has secured the option to purchase 15 million shares of Corning at $180 per share, along with a pre-funded warrant to buy up to 3 million shares for $500 million, which strengthens its position in the fiber optics sector.
- Oil Price Fluctuations: Reports of a potential U.S.-Iran agreement have pushed WTI crude prices back into the mid-$90s, with optimism surrounding the reopening of the Strait of Hormuz likely to alleviate jet fuel shortages, benefiting aerospace stocks like Honeywell and Boeing.
- Key Earnings Reports: Companies such as Arm Holdings, Coherent, Axon Enterprise, and Dutch Bros are set to report earnings, drawing significant market attention as investors look for signals that could influence trading strategies.
See More
