$GLW — Corning is becoming a critical link in the AI data center optical supply chain — with capital, capacity, and customers converging at once. Key highlights: — Q1 2026 EPS of $0.70 came in strong, with optical communications revenue up 36% YoY on robust AI demand. — Nvidia took a $ 500M stake in Corning, while the company committed to expanding U.S. fiber optic capacity by 50%+ to supply AI data centers. — Long-term agreements signed with multiple hyperscalers, including a $ 6B order from Meta — locking in Corning's optical positioning across the AI supply chain. Three converging order streams — fiber, silicon, and cloud — reshaping a 174-year-old industrial company into an AI infrastructure name. Trade $GLW and 1,000+ U.S. and Hong Kong equities with stablecoins on StableStock.

BREAKING: In a "game changing" deal for AI, Nvidia is partnering with glassmaker Corning to develop 3 new advanced manufacturing facilities entirely for optical technologies. Details include: 1. The factories will lead to the creation of at least 3,000 jobs and increase Corning’s US optical manufacturing capacity by +1,000% 2. Nvidia is likely set to replace copper with Corning’s optical glass fibers in its AI rack-scale systems 3. Optical fiber allows for less signal loss than copper, making AI data centers more efficient 4. Corning, $GLW, is surging +16% on the news and Nvidia, $NVDA, is up +3% The AI Revolution is accelerating.

$GLW having a presentation on optics. This slide.. Everywhere you see yellow you see Corning. "And when we add the optical scale up network to interconnect all the switches in every GPU rack, well we add a lot more yellow."

SpaceX $SPCX is planning to go public on June 12. It's the biggest IPO in history and will instantly reprice the entire space sector. These are the key space sectors to watch: Launch Service Providers $RKLB Rocket Lab $FLY Firefly Aerospace Space Imaging $PL Planet Labs $SATL Satellogic $GSAT Globalstar $BKSY BlackSky Technology $SPIR Spire Global $HAWK HawkEye 360 Satellite Communications $ASTS AST SpaceMobile $GSAT Globalstar $SIDU Sidus Space $SATS EchoStar $IRDM Iridium Communications $ETL Eutelsat $TSAT Telesat $GILT Gilat Satellite Networks $VSAT Viasat Space Infrastructure $RDW Redwire Space $LUNR Intuitive Machines $MDA MDA Space $VOYG Voyager Space $YSS York Space Systems Speciality Materials $CRS Carpenter Technology $MTRN Materion $HXL Hexcel $ATI ATI $GLW Corning $PKE Park Aerospace Aerospace & Defense $RTX RTX Corporation $LMT Lockheed Martin $KTOS Kratos Defense & Security $VOYG Voyager Space $LHX L3Harris Technologies $NOC Northrop Grumman $BA Boeing $AIR Airbus $HO Thales Space Components $TDY Teledyne Technologies $APH Amphenol $KRMN Karman Space $RBC RBC Bearings $PH Parker Hannifin $AME AMETEK $VELO Velo3D $GHM Graham $HEI Heico $DCO Ducommun $ATRO Astronics

STEPHEN MANDEL'S LONE PINE JUST EXITED AMAZON, MICROSOFT, AND BROADCOM ENTIRELY Here are their updated largest holdings and every move they made in Q1 2026: Top 10 holdings: 🥇 Vistra $VST: $930M 🥈 ASML $ASML: $865M 🥉 Carpenter Technology $CRS: $717M 4. LPL Financial $LPLA: $617M 5. AppLovin $APP: $583M 6. Talen Energy $TLNE: $580M 7. Teradyne $TER: $555M (NEW) 8. Carvana $CVNA: $552M 9. Nu Holdings $NU: $546M 10. Medline $MDLN: $525M New positions: - Teradyne $TER: $555M - Corning $GLW: $506M - MasTec $MTZ: $493M - US Foods $USFD: $350M - Performance Food Group $PFGC: $341M - McKesson $MCK: $339M - Ciena $CIEN: $314M - TeraWulf $WULF: $287M - Hut 8 $HUT: $285M - Argan $AGX: $214M - Alphabet $GOOGL: $54M Biggest adds: - Visa $V: +510% shares - Spotify $SPOT: +288% - AppLovin $APP: +88% - TransDigm $TDG: +86% - Hilton $HLT: +54% - Talen Energy $TLNE: +41% - Carpenter Technology $CRS: +39% - Nu Holdings $NU: +28% - Clean Harbors $CLH: +27% - Tenet Healthcare $THC: +26% - Vistra $VST: +19% Biggest trims: - KKR $KKR: -96% shares - Amphenol $APH: -92% - Vulcan Materials $VMC: -91% - Taiwan Semiconductor $TSM: -54% - Booking Holdings $BKNG: -48% - Boston Scientific $BSX: -48% - Mastercard $MA: -41% - Brookfield $BN: -30% Full exits: - Broadcom: $599M - Microsoft: $597M - DoorDash: $573M - Amazon: $557M - Philip Morris: $424M - Wingstop: $380M - Affirm: $284M The rotation: out of mega-cap tech, payments, and consumer discretionary. Into power and AI infrastructure ($VST, $TLNE, $WULF, $HUT, $MTZ, $AGX), industrials ($CRS, $TER, $GLW, $CIEN), and healthcare/food distribution ($MCK, $USFD, $PFGC).

DAVID TEPPER JUST DOUBLED HIS AMAZON POSITION AND EXITED EVERY US AIRLINE Here are their updated largest holdings and every move they made in Q1 2026: Top 10 holdings: 🥇 Amazon $AMZN: $900M (+98% shares) 🥈 Micron $MU: $562M 🥉 Alphabet $GOOG: $497M 4. Uber $UBER: $456M (+242% shares) 5. Taiwan Semiconductor $TSM: $449M 6. Alibaba $BABA: $435M 7. Vistra $VST: $304M (+114% shares) 8. iShares MSCI South Korea $EWY: $295M 9. NVIDIA $NVDA: $257M 10. NRG Energy $NRG: $253M New positions: - Sandisk $SNDK: $179M Biggest adds: - Uber $UBER: +242% shares - Vistra $VST: +114% - Amazon $AMZN: +98% - iShares South Korea $EWY: +28% - Baidu $BIDU: +20% - Taiwan Semiconductor $TSM: +18% - Micron $MU: +11% Biggest trims: - Deutsche Bank: -92% shares - Microsoft $MSFT: -82% - KraneShares China Internet $KWEB: -77% - $JD: -69% - Qualcomm $QCOM: -56% - UnitedHealth $UNH: -55% - Whirlpool $WHR: -50% - PDD Holdings: -49% - Alibaba $BABA: -33% - L3Harris $LHX: -33% - AMD $AMD: -32% - RTX $RTX: -32% Full exits: - American Airlines $AAL: $217M - Owens Corning $OC: $106M - Mohawk Industries $MHK: $74M - Micron $MU calls: $71M - IQVIA $IQV: $63M - United Airlines $UAL: $52M - iShares China Large-Cap $FXI: $42M - Delta Airlines $DAL: $33M - Goodyear $GT: $22M The rotation: out of US airlines, China internet, and select industrials. Into Amazon, Uber, Vistra, and South Korea.

Employment Friday delivered mixed signals. Non-farm payrolls beat expectations at 117k, but household employment fell for the third straight month. Manufacturing is picking up. Services are lagging. Historically, one follows the other. The US budget deficit is shrinking despite massive tax refunds flowing to corporations and individuals. That tells you the economy is probably stronger than the headlines suggest. Truflation has core Consumer Price Index (CPI) excluding food and energy at 1%. Producer prices are running above consumer prices, which usually happens when consumers push back on price increases. We think inflation will surprise to the downside over the next 6 to 9 months. Oil is the wildcard, but supply is growing fast. Capital spending has broken out of a 30-year range. AI is pulling old-guard names like Cisco, Corning, and Akamai back into growth. The manufacturing buildout is real and broadening. The innovation equity space has been frustrating this year. We've been selectively adding to innovation positions. We think the selloff in innovation stocks will clear as the economy turns. From where we sit, the economy is healthier than the headlines suggest, inflation is lower than people fear, and the innovation cycle is accelerating. Watch “In The Know” for Cathie Wood’s full economic breakdown.