Actelis Networks, Inc.

Corning (GLW) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.26%. A quarter ago, it was expected that this specialty glass maker would post earnings of $0.5 per share when it actually produced earnings of $0.54, delivering a surprise of +8%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Corning, which belongs to the Zacks Communication - Components industry, posted revenues of $4.05 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.98%. This compares to year-ago revenues of $3.6 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Corning shares have added about 16.6% since the beginning of the year versus the S&P 500's gain of 8.6%.
What's Next for Corning?
While Corning has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Corning was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.63 on $3.99 billion in revenues for the coming quarter and $2.35 on $15.53 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Communication - Components is currently in the bottom 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Actelis Networks, Inc. (ASNS), another stock in the same industry, has yet to report results for the quarter ended June 2025.
This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of -1700%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Actelis Networks, Inc.'s revenues are expected to be $1 million, down 70.9% from the year-ago quarter.
Should You Invest in Corning Incorporated (GLW)?
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Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Corning (GLW) Tops Q2 Earnings and Revenue Estimates

September S&P 500 E-Mini futures (ESU24) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.09% this morning as market participants geared up for the release of the minutes of the Federal Reserve’s latest meeting and comments from Fed Chair Jerome Powell later in the week.
In yesterday’s trading session, Wall Street’s major indexes closed higher, with the benchmark S&P 500 posting a 1-month high, the tech-heavy Nasdaq 100 notching a 3-1/2 week high, and the blue-chip Dow posting a 2-week high. ZIM Integrated Shipping Services (ZIM) surged over +16% after the shipping giant reported better-than-expected Q2 results and raised its FY24 adjusted EBITDA guidance. Also, Advanced Micro Devices (AMD) climbed more than +4% and was the top percentage gainer on the Nasdaq 100 after announcing the acquisition of AI infrastructure provider ZT Systems in a deal valued at about $4.9 billion. In addition, McDonald’s (MCD) advanced over +3% and was the top percentage gainer on the Dow after Evercore ISI raised its price target on the stock to $320 from $300. On the bearish side, HP Inc. (HPQ) fell more than -3% and was the top percentage loser on the S&P 500 after Morgan Stanley downgraded the stock to Equal Weight from Overweight.
Economic data on Monday showed that the Conference Board’s leading economic index for the U.S. dropped -0.6% m/m in July, weaker than expectations of -0.4% m/m.
Minneapolis Fed President Neel Kashkari told the Wall Street Journal in an interview released on Monday that it was appropriate to discuss potentially lowering U.S. interest rates in September due to the increasing likelihood of a weakening labor market. “The balance of risks has shifted, so the debate about potentially cutting rates in September is an appropriate one to have,” he said. Kashkari stated inflation was making progress, but the labor market was exhibiting “concerning signs,” according to the Journal. Also, San Francisco Fed President Mary Daly told the Financial Times in an interview published on Sunday that recent U.S. economic data have provided her “more confidence” that inflation is under control and it is time to consider adjusting benchmark borrowing costs. Daly advocated for a “prudent” approach to policy, dismissing concerns about the risk of a sharp slowdown in the U.S. economy.
Meanwhile, investors are awaiting the Federal Reserve’s minutes from the July meeting on Wednesday and Fed Chair Jerome Powell’s speech at Jackson Hole, Wyoming, on Friday to gain further clarity on the outlook for rate cuts.
U.S. rate futures have priced in a 75.5% probability of a 25 basis point rate cut and a 24.5% chance of a 50 basis point rate cut at the conclusion of the Fed’s September meeting.
On the earnings front, notable companies like Lowe’s Companies (LOW), Medtronic (MDT), Keysight Technologies (KEYS), Toll Brothers (TOL), and Amer Sports (AS) are set to report their quarterly figures today.
The U.S. economic data slate is empty on Tuesday. However, investors will likely focus on speeches from Fed Vice Chair for Supervision Michael Barr and Atlanta Fed President Raphael Bostic.
In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 3.870%, down -0.03%.
The Euro Stoxx 50 futures are up +0.27% this morning as investors digested key inflation data from the region and looked ahead to Fed Chair Powell’s speech at the Jackson Hole symposium later this week. Technology stocks led the gains on Tuesday, while energy stocks lost ground. Data from the Federal Statistical Office revealed Tuesday that German annual producer prices declined for the 13th consecutive month in July, although at the slowest rate in the sequence. Separately, final data from Eurostat released Tuesday showed that the annual inflation rate in the Eurozone increased to 2.6% in July from 2.5% in the previous month, consistent with the preliminary estimate. Meanwhile, European Central Bank Governing Council member Olli Rehn stated Monday at an event in New York that increasing risks to Europe’s growth outlook have strengthened the case for a policy adjustment at the next central bank meeting. In other news, Sweden’s Riksbank cut its benchmark rate by 25 basis points to 3.50% from 3.75% and signaled two to three additional rate cuts this year.
Germany’s PPI, Eurozone’s CPI, and Eurozone’s Core CPI data were released today.
The German July PPI has been reported at +0.2% m/m and -0.8% y/y, in line with expectations.
Eurozone July CPI came in at 0.0% m/m and +2.6% y/y, in line with expectations.
Eurozone July Core CPI arrived at -0.2% m/m and +2.9% y/y, in line with expectations.
Asian stock markets today closed mixed. China’s Shanghai Composite Index (SHCOMP) closed down -0.93% and Japan’s Nikkei 225 Stock Index (NIK) closed up +1.80%.
China’s Shanghai Composite Index closed lower today, reversing gains from the previous session as the absence of new stimulus measures dampened sentiment. Energy and biotech stocks led the declines on Tuesday, while bank stocks outperformed. Meanwhile, China kept benchmark lending rates unchanged at a monthly fixing, in line with expectations, as profit margins faced pressure and policymakers focused on the health of financial institutions. The one-year loan prime rate was maintained at 3.35% and the five-year rate was held at 3.85%, according to a statement from the People’s Bank of China on Tuesday. This decision followed a reduction of 10 basis points in both benchmark loan rates in July. Analysts anticipate another cut in the fourth quarter and next year, along with additional easing of the required reserve ratio to support the economy. In other news, China’s Kaisa Group announced on Tuesday an offshore debt restructuring agreement with a group of creditors through the issuance of U.S. dollar-denominated senior bonds and mandatory convertible bonds. In corporate news, Hengan International slumped over -6% in Hong Kong after the personal hygiene products maker reported mixed first-half results.
Japan’s Nikkei 225 Stock Index closed higher today, tracking a tech-led rally on Wall Street overnight. Those moves occurred as investors anticipate Fed Chair Jerome Powell’s speech at Jackson Hole, Wyoming, later in the week, where he is expected to strongly hint that rate cuts will begin soon. The Japanese yen was little changed at around 146.50 per dollar. Meanwhile, SMBC Nikko Securities stated in a research note that the Nikkei Stock Average is expected to reach 42,500 by year-end, while the broader Topix index is anticipated to hit around 3,000. In other news, the Nikkei Business Daily reported late on Monday that Japan’s government intends to increase its long-term interest rate estimate used for compiling the state budget to 2.1% for the next fiscal year, up from the current year’s 1.9%. In corporate news, Japan Excellent gained over +1% after lifting its distribution forecast for the fiscal year ending December 31st by 6.5% to 2,770 yen per unit from the prior estimate of 2,600 yen. Market participants are anticipating Japanese inflation figures due Friday to gain insight into the Bank of Japan’s monetary policy trajectory. The Nikkei Volatility, which takes into account the implied volatility of Nikkei 225 options, closed down -6.47% to 27.61.
Pre-Market U.S. Stock Movers
Titan Pharmaceuticals (TTNP) spiked about +130% in pre-market trading after entering a merger agreement with privately held Malaysian company KE Sdn. Bhd.
Actelis Networks (ASNS) surged over +40% in pre-market trading after announcing a strategic partnership with an advanced cybersecurity provider to develop an AI-powered SaaS offering under its “Cyber Aware Networking Initiative.”
Palo Alto Networks (PANW) rose more than +2% in pre-market trading after the cybersecurity company posted upbeat Q4 results and offered solid FY25 guidance.
Advanced Micro Devices (AMD) gained over +1% in pre-market trading after Edward Jones initiated coverage of the stock with a Buy rating and added it to its “Stock Focus List.”
You can see more pre-market stock movers here
Today’s U.S. Earnings Spotlight: Tuesday - August 20th
Lowe’s (LOW), Medtronic (MDT), Alcon (ALC), Keysight Technologies (KEYS), ZTO Express Cayman (ZTO), Toll Brothers (TOL), Futu (FUTU), Coty Inc (COTY), Vipshop (VIPS), Amer Sports (AS), PagSeguro Digital (PAGS), GDS Holdings (GDS), Premier Inc (PINC), La-Z-Boy (LZB), FinVolution Group (FINV), Navios Maritime Unit (NMM), John B Sanfilippo&Son (JBSS), Kingsoft Cloud (KC), Nano X (NNOX).
More Stock Market News from Barchart
On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stock Index Futures Tread Water as Investors Brace for Fed Minutes and Powell’s Speech

September S&P 500 E-Mini futures (ESU24) are up 0.16%, and September Nasdaq 100 E-Mini futures (NQU24) are up 0.17% this morning, reversing modest losses earlier, as market participants react to another key inflation reading that firms up the prospects for Federal Reserve interest rate cuts later this year.
Today's consumer price index (CPI) showed inflation retreating 0.1% in June on a monthly basis from May, with prices cooling to a 3% rate annually in June, down from 3.3% in May. Economists, on average, had forecast that the June CPI would arrive at +0.1% m/m and +3.1% y/y, compared to the previous numbers of 0.0% m/m and +3.3% y/y.
In yesterday’s trading session, Wall Street’s major indices ended in the green, with the benchmark S&P 500 topping the 5,600 level for the first time. Illumina (ILMN) climbed over +6% and was the top percentage gainer on the Nasdaq 100 after acquiring single cell analysis technology company Fluent BioSciences. Also, chip stocks advanced after Taiwan Semiconductor Manufacturing Co. reported stronger-than-expected Q2 sales, with Advanced Micro Devices (AMD) and Micron Technology (MU) rising about +4%. In addition, Aehr Test Systems (AEHR) surged more than +24% after reporting better-than-expected Q4 preliminary revenue. On the bearish side, Intuit (INTU) fell over -2% after the company cut 1,800 employees, amounting to roughly 10% of its total workforce.
Federal Reserve Chair Jerome Powell told House lawmakers on Wednesday that he perceives inflation to be diminishing, though he remains uncertain whether price increases are sustainably slowing toward the Fed’s 2% target. Also, Powell stated the Fed doesn’t require inflation to drop below 2% before reducing rates, while noting that officials still have more work to do. In addition, the Fed chief remarked that the labor market has cooled “pretty significantly.”
“Markets remain remarkably calm despite the flood of data this week, including Fed Chair Powell’s testimony, CPI/PPI reports, and the beginning of earnings season,” said Mark Hackett at Nationwide. “This could be challenged by the CPI reading.”
Meanwhile, U.S. rate futures have priced in a 4.7% chance of a 25 basis point rate cut at the July FOMC meeting and a 68.1% probability of a 25 basis point rate cut at the September meeting.
U.S. Initial Jobless Claims data will be reported today as well. Economists estimate this figure to be 236K, compared to last week’s number of 238K.
In addition, market participants will be anticipating a speech from Atlanta Fed President Raphael Bostic.
On the earnings front, PepsiCo (PEP) and Delta Air Lines (DAL) are slated to report their Q2 earnings results today.
In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.277%, down -0.02%.
The Euro Stoxx 50 futures are up +0.38% this morning, with investors looking ahead to key U.S. inflation data. Construction and technology stocks led the gains on Thursday. The Office for National Statistics said Thursday that the U.K.’s economy expanded more than expected in May. Separately, final data from the Federal Statistical Office showed Thursday that Germany’s annual inflation rate cooled to 2.2% in June, confirming preliminary data. Meanwhile, investors are now shifting their focus to U.S. inflation data and the approaching corporate earnings season. In corporate news, Pennon Group Plc (PNN.LN) climbed over +7% following the appointment of Laura Flowerdew as its new CFO.
U.K.’s GDP, U.K.’s Industrial Production, U.K.’s Manufacturing Production, U.K.’s Monthly GDP 3M/3M Change, and Germany’s CPI data were released today.
U.K. May GDP has been reported at +0.4% m/m and +1.4% y/y, stronger than expectations of +0.2% m/m and +1.2% y/y.
U.K. May Industrial Production arrived at +0.2% m/m and +0.4% y/y, weaker than expectations of +0.3% m/m and +0.6% y/y.
U.K. May Manufacturing Production stood at +0.4% m/m and +0.6% y/y, compared to expectations of +0.4% m/m and +1.2% y/y.
U.K. May Monthly GDP 3M/3M Change was at +0.9%, stronger than expectations of +0.7%.
The German June CPI came in at +0.1% m/m and +2.2% y/y, in line with expectations.
Asian stock markets today closed in the green. China’s Shanghai Composite Index (SHCOMP) closed up +1.06%, and Japan’s Nikkei 225 Stock Index (NIK) closed up +0.94%.
China’s Shanghai Composite Index closed higher today as investor sentiment improved after the nation’s securities regulator announced additional restrictions on short-selling. Consumer services and software stocks outperformed on Thursday. The China Securities Regulatory Commission announced late Wednesday that it would tighten rules on short-selling and high-frequency trading in an effort to curb improper arbitrage and uphold market stability. The CSRC approved an increase in margin requirements for short selling, effective from July 22nd, and committed to enhancing scrutiny over quant-based investments. Meanwhile, China Securities Finance Corp., the nation’s largest stock lending provider, announced the suspension of stock lending to brokerages for short selling starting July 11th. In corporate news, Zhejiang Asia-Pacific Mechanical and Electronic climbed over +6% after securing an order to supply electronic parking brakes to an undisclosed foreign customer. Investor attention is now directed toward China’s trade data for June, scheduled for release on Friday, seeking further insights into Asia’s biggest economy. Market participants are also looking forward to the country’s Third Plenum, which convenes next week.
Japan’s Nikkei 225 Stock Index closed higher today, crossing the 42,000 mark for the first time, buoyed by an overnight rally on Wall Street that lifted investor sentiment. Energy, technology, and healthcare stocks led the gains on Thursday. The Cabinet Office reported Thursday that Japan’s core machinery orders, a leading indicator of capital spending in the coming six to nine months, unexpectedly fell in May compared to the previous month, underscoring the economy’s fragility. Meanwhile, the Japanese yen held around 161.5 per dollar on Thursday, staying close to its lowest level in 38 years, as market participants remained uncertain about how aggressively the Bank of Japan would normalize monetary policy. In other news, foreign investors purchased Japanese stocks worth a net 916.05 billion yen ($5.67 billion) last week, marking the largest weekly net purchase since January 12th. In corporate news, Creek & River fell about -2% after reporting a 17.7% year-over-year decline in Q1 profit to 860 million yen. The Nikkei Volatility, which takes into account the implied volatility of Nikkei 225 options, closed up +1.85% to 18.12.
The Japanese May Core Machinery Orders arrived at -3.2% m/m and +10.8% y/y, compared to expectations of +0.9% m/m and +7.2% y/y.
Pre-Market U.S. Stock Movers
Actelis Networks (ASNS) surged about +28% in pre-market trading after the company announced it had secured a $260,000 order to modernize the traffic systems of a U.S. Mid-Atlantic county.
WD-40 Company (WDFC) climbed over +12% in pre-market trading after the company reported upbeat Q3 results and affirmed its full-year guidance.
Costco (COST) gained more than +3% in pre-market trading following the big-box retailer’s announcement of a 7.4% increase in monthly net sales for June and its decision to raise the membership fee for the first time since 2017.
ON Semiconductor (ON) slid over -3% in pre-market trading after Morgan Stanley downgraded the stock to Underweight from Equal Weight with a price target of $65.
Microchip Technology (MCHP) fell more than -2% in pre-market trading after Morgan Stanley downgraded the stock to Equal Weight from Overweight.
You can see more pre-market stock movers here
Today’s U.S. Earnings Spotlight: Thursday - July 11th
PepsiCo (PEP), Delta Air Lines (DAL), Methode Electronics (MEI), Bank7 (BSVN), Northern Technologies (NTIC).
More Stock Market News from Barchart
On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Set to Open Higher as Tame CPI Clears Path for Powell Rate Cuts

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News & Insights

Tech stocks edged higher late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.1% and the SPDR S&P Semiconductor ETF (XSD) little changed, paring earlier gains.
The Philadelphia Semiconductor index climbed 1.3%.
In corporate news, Micron Technology's (MU) fiscal Q3 results, slated for release on June 26, will likely beat expectations on higher sales of computer memory, Wedbush said. The firm lifted Micron's price target to $170 from $130 and maintained the outperform rating. Micron shares rose 3.1%.
Apple (AAPL) said its virtual reality headset, the Apple Vision Pro, will be available starting June 28 in China, Hong Kong, Japan, and Singapore. Apple shares fell 1.1%.
Actelis Networks (ASNS) shares soared 77%, a day after the company announced a distribution agreement with Carahsoft.
Nvidia (NVDA) shares rose 3.5%, lifting the company's market capitalization above Microsoft's (MSFT) to become the largest in the world.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	0.00 28.98
Price/Sales	0.80 2.58
P/B	7.40 2.76
P/FCF	0.00 24.31

Indicator	TTM Median
ROE	-933.33 15.33
ROA	-48.78 6.66
ROI	-222.22 9.73
Net Worth	0.01 0.98
Quick Ratio	0.68 1.53
Current Ratio	1.01 1.84

Indicator	TTM Median
Net Profit Margin	-83.33 9.71
Operating Margin	-100.00 11.07
Gross Margin	33.33 50.00
Return on tangible equity	-933.33 27.59

Indicator	TTM Median
EPS	0.09 0.24
EPS Forecast	0.00 0.19
Revenue	3.00M 73.00M
Gross Profit	2.00M —
EBITDA	0.00 —

Actelis Networks, Inc.

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue