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Rani Molla

Corning soars after striking deal to sell up to $6 billion in optical infrastructure to Meta

Glass company Corning is soaring in early trading after announcing a $6 billion deal with Meta to provide its data centers with fiber-optic cable products. Thanks to a string of big tech deals — including partnerships with Broadcom and Apple — Corning’s stock is up about 100% over the past year.

A 175-year-old glass manufacturer, Corning is known for its Gorilla Glass, used in smartphone and laptop screens. It was known in the past for its iconic blue cornflower CorningWare ceramics, a consumer cookware business it spun off in the 1990s.

In an interview, Corning CEO Wendell Weeks told CNBC that he thinks “next year the hyperscalers will be our biggest customers,” amid demand from tech giants including Google and Microsoft.

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Rani Molla

SpaceX seals right to buy coding startup Cursor for $60 billion

SpaceX said today it is “working closely together” with fast-growing coding startup Cursor “to create the world’s best coding and knowledge work AI.” The post also said SpaceX would have the right to acquire Cursor later this year or make the startup “pay $10 billion for our work together.” The New York Times, citing people familiar with the matter, previously reported that the companies had agreed to an acquisition.

The news comes as SpaceX prepares for a blockbuster IPO and doubles down on AI, with a growing — if still fully aspirational — focus on space-based data infrastructure and computing.

Last month, when SpaceX hired two senior leaders from Cursor, CEO Elon Musk noted that xAI, which SpaceX acquired earlier this year, “was not built right first time around, so is being rebuilt from the foundations up.”

ChatGPT Images 2.0 sample aliens

OpenAI releases new image generation model with complex capabilities

ChatGPT Images 2.0 marks a big leap forward in image generation as OpenAI seeks to distinguish its features from Anthropic’s Claude.

Jon Keegan14h
Rani Molla
20h
Tesla delivery miss puts margins and cash flow in focus

Tesla reports first-quarter earnings Wednesday.

US-AUTOMOBILE-EARNINGS-POLITICS-TESLA
Rani Molla
22h
What analysts want from Apple’s new CEO

John Ternus is known for his decisiveness, and he needs to make some big decisions on AI.

Apple CEOs John Ternus and Tim Cook
Rani Molla
4/20/26
Tim Cook to step down as Apple CEO, John Ternus to replace him

Ternus was considered the front-runner for the job. During Cook’s tenure, he oversaw Apple stock gains of 1,933%, nearly quadrupling the S&P 500.

Chief Executive Officer (CEO) of Apple Tim Cook opens the first Apple store in India's Mumbai

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