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Corning forecasts upbeat quarterly core sales on AI-driven demand
Corning forecasts upbeat quarterly core sales on AI-driven demand

Yahoo

time14 hours ago

  • Business
  • Yahoo

Corning forecasts upbeat quarterly core sales on AI-driven demand

(Reuters) -Specialty glass maker Corning forecast third-quarter core sales above Wall Street estimates on Tuesday, led by artificial intelligence-driven demand for its optical connectivity products. Shares of the company rose about 6% in premarket trading. AI has been a growth driver for Corning's products, such as cables and connectors, which are increasingly used by hyperscale data centers to support the massive computing and data transmission demands. "We also expect an additional growth driver to emerge in the coming months, as new and existing customers seek to leverage our large U.S. advanced manufacturing footprint," CEO Wendell Weeks said. Based in New York, Corning also sells a break-resistant Gorilla Glass for mobile phones, tablets and smart watches, and has produced durable glass with infused color for the back of Apple's iPhone 15 and iPhone 15 Plus devices. Earlier this month, EU antitrust regulators accepted Corning's offer to waive exclusive deals with mobile phone makers and glass processing companies and scrap purchasing clauses to end an eight-month-long investigation and stave off a possible fine. Corning's largest unit - Optical communications - reported net sales of $1.57 billion in the second quarter, a rise of 41% from a year ago. Its core sales in the quarter rose 12% to $4.05 billion, compared with estimates of $3.86 billion, according to data compiled by LSEG. Corning expects third-quarter core sales to be around $4.2 billion, beating estimates of $4.01 billion. The company expects quarterly core earnings per share between 63 cents and 67 cents, compared with estimates of 61 cents. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Jets sign OL Liam Fornadel, waive OL Gus Hartwig
Jets sign OL Liam Fornadel, waive OL Gus Hartwig

Yahoo

time14 hours ago

  • Sport
  • Yahoo

Jets sign OL Liam Fornadel, waive OL Gus Hartwig

The Jets tweaked their offensive line group on Tuesday. They announced that they have signed Liam Fornadel. They waived Gus Hartwig with an injury designation after he was hurt in a recent practice. Fornadel spent time on the Patriots practice squad last year and has also done stints in the CFL and UFL after leaving James Madison. He started games at both left and right tackle while in college. The Jets are set to start 2024 first-round pick Olu Fashanu at left tackle and 2025 first-rounder Armand Membou at right tackle. Chuks Okorafor and Carter Warren are on the next rungs of the depth chart. Hartwig signed with the Jets after going undrafted out of Purdue this year. He was a multi-year starter at center for the Boilermakers.

Palestinian PM calls on Hamas to give up control of Gaza and ‘hand over its weapons' at UN meeting
Palestinian PM calls on Hamas to give up control of Gaza and ‘hand over its weapons' at UN meeting

News24

time14 hours ago

  • Politics
  • News24

Palestinian PM calls on Hamas to give up control of Gaza and ‘hand over its weapons' at UN meeting

Palestinian Prime Minister Mohammad Mustafa said on Monday that Hamas must disarm and give up control of Gaza to the Palestinian Authority to restore security in the war-torn territory. 'Israel must withdraw completely from the Gaza Strip and Hamas must relinquish its control over the strip and hand over its weapons to the Palestinian Authority,' Mustafa said at a conference on the two-state solution for Israel and the Palestinians at the United Nations in New York. There is no alternative to a two-state solution between Israelis and the Palestinians, France told a UN conference co-chaired with Saudi Arabia on Monday that was boycotted by Israel and branded a stunt by Washington. 'Only a political, two-state solution will help respond to the legitimate aspirations of Israelis and Palestinians to live in peace and security. There is no alternative,' French Foreign Minister Jean-Noel Barrot said at the start of the three-day meeting. Days before the conference, French President Emmanuel Macron announced he would formally recognise Palestinian statehood in September, provoking strong opposition from Israel and the US. Barrot said that other Western countries would confirm their intention to recognise the state of Palestine during the conference, without confirming which. 'All states have a responsibility to act now,' said Mustafa at the start of the meeting, calling for an international force to help underwrite Palestinian statehood. He called for the world to recognise Palestinian statehood. France is hoping Britain will follow its lead. More than 200 British members of parliament on Friday voiced support for the idea, but UK Prime Minister Keir Starmer said that recognition of a Palestinian state 'must be part of a wider plan'. United Nations Secretary-General Antonio Guterres said at the meeting 'the two-state solution is farther than ever before.' According to an AFP database, at least 142 of the 193 UN member states now recognise the Palestinian state proclaimed by the Palestinian leadership in exile in 1988. In 1947, in a resolution approved by the General Assembly, the UN decided to partition Palestine, then under a British mandate, into Jewish and Arab states. Israel was proclaimed in 1948. For decades, most UN members have supported a two-state solution with Israel and a Palestinian state existing side-by-side. But after more than 21 months of war in Gaza, the ongoing expansion of Israeli settlements in the West Bank, and Israeli officials declaring designs to annex occupied territory, it is feared a Palestinian state could become geographically impossible. The current war in Gaza started following a deadly attack by Hamas on Israel, which responded with a large-scale military response that has claimed tens of thousands of Palestinian lives and destroyed most infrastructure in the enclave. Barrot said it would be an 'illusion to think that you can get to a lasting ceasefire without having an outline of what's going to happen in Gaza after the end of the war and having a political horizon'. Beyond facilitating conditions for recognising Palestine, the meeting will focus on three other issues: Reform of the Palestinian Authority, disarmament of Hamas and its exclusion from Palestinian public life, and normalisation of relations with Israel by Arab states. However, no new normalisation deals are expected to be announced at the meeting, according to a French diplomatic source. Saudi Arabia's Foreign Minister Faisal bin Farhan Al-Saud said US President Donald Trump could be a 'catalyst' to ending the war in Gaza and jump-starting the two-state solution, stressing Riyadh had no plans to normalise relations with Israel. Following his plea to Trump, the US State Department labelled the three-day event 'unproductive and ill-timed', as well as a 'publicity stunt' that would make finding peace harder. Jordan's Foreign Minister Ayman Safadi said action was needed to counter Israeli 'settlements, land confiscation (and) encroachments on the holy sites'. Israel and the US were not taking part in the meeting, amid growing international pressure on Israel to end nearly two years of war in Gaza. Despite 'tactical pauses' announced by Israel, the humanitarian catastrophe in Gaza will dominate speeches. Israeli Ambassador to the UN Danny Danon said 'this conference does not promote a solution.'

Top DOJ official says he will continue Maxwell interview on Friday, share information ‘at the appropriate time‘
Top DOJ official says he will continue Maxwell interview on Friday, share information ‘at the appropriate time‘

Yahoo

time16 hours ago

  • Politics
  • Yahoo

Top DOJ official says he will continue Maxwell interview on Friday, share information ‘at the appropriate time‘

Deputy Attorney General Todd Blanche said that he will continue his interview with convicted sex trafficker Ghislaine Maxwell on Friday and that the Justice Department (DOJ) will share more information about the discussions at 'the appropriate time.' 'Today, I met with Ghislaine Maxwell, and I will continue my interview of her tomorrow. The Department of Justice will share additional information about what we learned at the appropriate time,' Blanche said in a Thursday evening post on X. Blanche met with Maxwell, who was sentenced to 20 years in prison in 2022, for about five hours. Maxwell was a longtime associate of Jeffrey Epstein, a convicted sex offender and financier. Maxwell's attorney David Oscar Markus said that his client answered every question and expressed gratitude to the federal government for trying to 'uncover the truth.' 'Looking forward to another productive day tomorrow. Ghislaine honestly answered every question that @DAGToddBlanche asked,' the lawyer wrote in a Thursday evening post on X. 'And she will continue to do so. We are grateful that the government is trying to uncover the truth. They have never before spoken with her and we trust the process.' 'He took a full day and asked a lot of questions, and Ms. Maxwell answered every single question,' Markus said to reporters after the interview. 'She never stopped. She never invoked her privilege,' the attorney added. 'She never declined to answer. She answered all the questions truthfully, honestly and to the best of her ability.' The interview with Maxwell in Florida comes as President Trump's administration is under pressure from the MAGA base and others to release more evidence related to Epstein's case. Maxwell is currently appealing her 2021 conviction to the Supreme Court, while the DOJ has urged the justices last week to deny her request. Epstein, who ran in high-powered circles, mingling among politicians, business owners and fashion moguls, was found dead in his jail cell in New York while awaiting trial. The medical examiner ruled that his death was a suicide. The DOJ and FBI reaffirmed the finding in a joint, unnamed memo earlier this month, stating that Epstein died by suicide and that he did not keep a 'client list.' The memo has infuriated the MAGA base, which has been demanding more transparency. Attorney General Pam Bondi, who said in February she had Epstein's alleged client list 'sitting on my desk right now to review,' later objected to releasing more documents, arguing it would be damaging to Epstein's victims and that the batch was full of pornographic images. Bondi told Trump in May during a briefing that his name appeared multiple times in the Epstein files, according to The Wall Street Journal. Bondi also said many other high-profile figures have been named, but that alone is not a sign of wrongdoing. The White House brushed off the report. 'The fact is that The President kicked him out of his club for being a creep. This is nothing more than a continuation of the fake news stories concocted by the Democrats and the liberal media, just like the Obama Russiagate scandal, which President Trump was right about,' White House communications director Steven Cheung said in a statement on Wednesday. Ian Maxwell said Wednesday evening his sister Ghislaine 'will be putting before that court material new evidence that was not available to the defense at her 2021 trial, which would have had a significant impact on its outcome.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword

Porn sets, wild dogs and knitting: 30 years of Yancey Richardson gallery
Porn sets, wild dogs and knitting: 30 years of Yancey Richardson gallery

The Guardian

time19 hours ago

  • Entertainment
  • The Guardian

Porn sets, wild dogs and knitting: 30 years of Yancey Richardson gallery

Mitch Epstein has spent five decades photographing American life with wry empathy and formal precision. A pioneer of colour photography in the 1970s, he captured the rituals, diversions and contradictions of a pre-digital America, and documented American leisure with saturated colour and cinematic complexity. Yancey Richardson: Celebrating 30 Years is at Yancey Richardson, New York until 15 August Photograph: Mitch Epstein Carolyn Drake's practice challenges traditional boundaries between author and subject, and blends photography with embroidery, collage and sculpture. This image comes from Knit Club, a project with a group of women in Mississippi that explores identity and community. The series was shortlisted for the Paris Photo Aperture and Lucie Photo Book awards. See more here Photograph: Carolyn Drake Zanele Muholi is a visual activist and photographer who documents and celebrates the lives of Black LGBTQ+ communities in South Africa. Since 2006, Muholi has been engaged in Faces and Phases, a project portraying Black lesbian and transgender individuals with dignity and resilience. Their mission is to rewrite South Africa's queer visual history, affirming presence and resistance amid widespread hate. See more here Photograph: Zanele Muholi Jared Bark is best known for his performances in photo booths between 1969 and 1976. He initially used public booths, but ultimately acquired a secondhand one of his own, complicating the notion of a photo booth as a site of both public and private performance Photograph: Jared Bark Larry Sultan grew up in California's San Fernando Valley, which was a source of inspiration for a number of his projects. His series The Valley (2004) addresses the use of ordinary homes as sets for pornographic films, and asks why the ideal of middle-class domesticity lends itself to this most curious form of cultural appropriation Photograph: Larry Sultan Lynn Saville photographs cities between twilight and dawn, capturing transitional, often deserted urban spaces. Her images focus on fundamental city elements – bridges, billboards, walls – existing independently of urban life. In her New York night photographs, the city appears suspended in time, revealing the shift from day to night and the transformation of industrial areas into residential neighbourhoods Photograph: Lynn Saville Spanning more than 40 years, John Divola's work has consistently questioned the limits of photography. His series Dogs Chasing My Car in the Desert (1996–98) comprises portraits of dogs that he photographed in motion with a motorised 35mm camera. The grainy black-and-white images evoke the spirit of Eadweard Muybridge's stop-motion studies, and explore the herding relationship between man and animal with a slightly comic approach Photograph: John Divola Matt Lipps creates complex photographic works by physically assembling cutout images from magazines and books into three-dimensional tableaux, which he then re-photographs and enlarges. In the 2019 series Where Figure Becomes Ground, he overlays iconic 1990s fashion images of supermodels such as Kate Moss and Cindy Crawford on to archival documentary photos from US Camera Annual (1938–69). The silhouettes of these figures serve as windows revealing historical moments from the second world war, and highlight photography's constructed nature and shared visual language across disparate genres Photograph: Matt Lipps David Hilliard's large-scale, multi-panelled photographs transform intimate, personal moments into richly layered narratives that explore masculinity, aging, sexuality and spirituality. Andreu (Bathroom Mirror) captures a quiet moment of vulnerability and contemplation, using multiple perspectives to blur the lines between autobiography and fiction. His work balances formal storytelling with deeply personal insight, elevating the everyday to something both familiar and elusive Photograph: David Hilliard Tania Franco Klein creates staged, cinematic photographs that explore the psychological tensions of life in the digital age. In her series Positive Disintegration (2016–2019), she uses self-portraits to depict the emotional toll of relentless productivity and self-optimisation, inspired by Byung-Chul Han's The Burnout Society. Her work offers a surreal collage of experiences reflecting the fragmented nature of contemporary life. She lives and works in Mexico City. You can see more here and here Photograph: Tania Franco Klein/ courtesy Yancey Richardson Terry Evans is celebrated for her evocative photographs of the American Midwest's landscapes and people. Growing up on the prairie instilled in her a deep connection to the Great Plains, which she has documented since the 1970s. Her work challenges common perceptions of the prairie, revealing its rich ecological diversity and complex cultural history. Her Inhabited Prairie series (1990–94) features black-and-white aerial images showing how farming, industry and military activity have transformed the Kansas landscape Photograph: Terry Evans Mark Steinmetz is known for his intimate black-and-white images of youth and suburban life in the American south. Since the mid-1980s, he has used chance encounters to create portraits of solitary figures and everyday scenes that feel quietly introspective. Steinmetz's work reveals the subtle complexities of growing up and the shifting landscapes of small-town America. You can see more here Photograph: Mark Steinmetz Italian artist Olivo Barbieri is known for disorienting aerial photographs that blur the line between reality and representation. In Alps - Geographies and People, he uses a technique he calls 'solid colour' to partially erase the mountain landscape, drawing attention to its elemental form. Shot from a helicopter, the image captures climbers mid traverse, transforming the Alps into both stage and hallucination Photograph: Olivo Barbieri After she shifted from photographing people to still lifes, Laura Letinsky's carefully crafted scenes often focus on remnants of meals. In her 2013 series Albeit, she uses flatbed scanners and magazine cutouts to dissolve hierarchies of high and low imagery, embracing the scanner's restrictions to explore form. The layered compositions featuring fruit, cakes, goblets and cutlery suggest meals consumed, while reflecting on how photographs instruct how we build our lives Photograph: Laura Letinsky Ori Gersht explores the tension between beauty and violence. In Becoming, postcards of still-life paintings from the Rijksmuseum, the Getty and the Met are printed on glass and then shattered, capturing the instant of collapse. The resulting image visualises a return to disorder and the fragility of collective memory Photograph: Ori Gersht Sharon Core creates meticulously crafted photographs that blur the line between reality and illusion. By recreating historic still lifes and iconic artworks – often growing her own fruits and flowers or sourcing antique objects – Core explores authenticity, artifice and photography's relationship to painting. Her series Early American (2007–10) reimagines 19th-century still lifes inspired by Raphaelle Peale, using carefully cultivated produce and period glassware to evoke a time before photography Photograph: Sharon Core/ courtesy Yancey Richardson

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