{"podcast":{"title":"Charged Alpha Stock Encyclopedia","slug":"charged-alpha-stock-encyclopedia-7819792","podcast_index_feed_id":7819792,"rss_url":"https://feed.podbean.com/chargedalpha/feed.xml","website_url":"https://chargedalpha.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/22241603/charged_alpha_logo_2048.png","author":"Colton Thomas","episode_count":1630,"summary":"Charged Alpha reviews earnings for each stock in the Russel 1000 every quarter. Each podcast gives thorough analysis, along with an in-depth profile in the beginning of the episode of the company, what they do, how they earn money and what to look for.","last_synced_at":"2026-09-04T06:17:14.359815+00:00","page_url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792"},"episode":{"title":"Corning (GLW): A Genuine Beat That Fell 15% — Is the AI Optical Sell-Off a Gift?","slug":"corning-glw-a-genuine-beat-that-fell-15-is-the-ai-optical-sell-off-a-gift","published_at":"2026-07-29T13:02:20+00:00","page_url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792/corning-glw-a-genuine-beat-that-fell-15-is-the-ai-optical-sell-off-a-gift","show_page_url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792","url":"https://chargedalpha.podbean.com/e/corning-glw-a-genuine-beat-that-fell-15-%e2%80%94-is-the-ai-optical-sell-off-a-gift/","audio_url":"https://mcdn.podbean.com/mf/web/mjt1wvdgad88uabj/audio_c.mp3","summary":"Corning Incorporated (GLW) Q2 2026 — Corning (GLW), the 175-year-old materials-science company that now supplies the optical fiber and connectivity wiring AI data centers, reported Q2 2026 (quarter ended June 30, 2026) before the open on July 28 — and beat. Core EPS of $0.78 topped the $0.75 consensus and rose 30% YoY; core sales of $4.74B beat $4.63B and grew 17%, the ninth straight quarter of YoY growth. Quality improved too: core gross margin +120 bps to 39.6%, core operating margin +190 bps to 20.9%, core ROIC 14.9%. Optical Communications did the heavy lifting — sales +32% to $2.07B (44% of the company) with segment net income +77%, and Enterprise Networks (the data-center piece) up 65%. In the quarter Corning signed a long-term NVIDIA partnership to expand U.S. optical-connectivity capacity 10x and a multiyear, multibillion-dollar Amazon deal. Cash is real: $1.72B operating cash flow and $1.42B adjusted free cash flow, with a $0.28 quarterly dividend and ~$6.4B net debt against $1.7B of quarterly operating cash. And the stock still fell about 15% at the open, from $143.36 to roughly $122 — because Q3 guidance (core EPS $0.85-0.89, sales $4.9-5.0B) landed merely in line, optical is effectively sold out until new capacity ramps in 2027, and GLW was one of the most crowded AI-infrastructure trades on the tape after a ~190% run to a June high near $272. Our owner-earnings DCF on a ~$3.5B/yr base, blending a steady +11%/yr path and the +19%/yr Springboard path at a 9% discount rate, lands fair value near $155 versus ~$122 today — roughly 27% upside, with the market effectively paying only the steady case. Our call: BUY, 3/5 — the pullback is the gift, but it is still a premium multiple on a business whose near-term growth is capacity-gated. Wall Street rates GLW a Buy…","meta_description":"Corning Incorporated (GLW) Q2 2026 — Corning (GLW), the 175-year-old materials-science company that now supplies the optical fiber and connectivity wiring…","key_points":[],"chapters":[],"topics":[],"duration_seconds":817,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/charged-alpha-stock-encyclopedia-7819792/episodes/corning-glw-a-genuine-beat-that-fell-15-is-the-ai-optical-sell-off-a-gift/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792/corning-glw-a-genuine-beat-that-fell-15-is-the-ai-optical-sell-off-a-gift.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}