Apple Partnership

Alphabet rejoins the watchlist due to significant shifts in its favor. Google’s Gemini 3, developed on custom silicon, now sets new AI benchmarks. This proprietary hardware presents a new revenue stream, with growing industry interest. Regulatory hurdles have also largely cleared, with favorable court rulings on Chrome and the preservation of the Apple search deal. This positions Google strongly for Apple’s AI integration, potentially outpacing OpenAI due to Google’s financial stability. The focus now is on future potential, not past concerns.

Corning’s (GLW) shares dipped 2.5% after a strong year, seen as profit-taking by analysts. CNBC reiterated its buy rating and raised the price target to $95, citing compelling growth prospects. Q3 core revenue rose 14% to $4.27B, and EPS increased 24% to $0.67, both exceeding estimates. Growth is fueled by data center demand (driven by AI), an expanded Apple partnership, and the Springboard initiative. Corning is strategically positioned in the solar energy market and anticipates strong Q4 sales. The company is also adapting to AI-driven demands.