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Corning Glass: Unlikely AI Winner & UnitedHealth in Critical Condition
Description
Episode 111: Today, Ann covers Meta’s multi-year deal with Corning for $6 billion of fiber-optic cable from the 175-year old glass company that also manufactures 100% of iPhone and Apple Watch cover glass… what a tech GLoW-up! Then we survey UnitedHealthcare’s struggles: soft earnings, investigations into its Medicare Advantage business and affordability pressure from the federal government have sent shares plummeting - can the return of a previous CEO resuscitate the stock? Finally - live from Ann’s flight delay - we review American Airlines’ earnings, downsizing at UPS, an Amazon grocery refresh and the resilience of GM trucks.
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00:00 Welcome to Brew Markets Daily
00:30 Meta’s $6B Deal with Corning - $GLW $META
04:00 UnitedHealth’s Turnaround Tested - $UNH
10:45 Market Close - $AAL $AMZN $UPS $GM
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