The company projects a 20%-22% adjusted EBITDA margin for Q2, driven by pricing actions in its roofing segment. Owens Corning expects second-quarter revenue of $2.6 billion to $2.7 billion, reflecting steady demand in its roofing business. The company anticipates an adjust
The deal aims to enhance AI infrastructure with advanced optical connectivity and includes plans for new US manufacturing facilities. Corning announced a long-term agreement with Nvidia to bolster optical connectivity solutions, supporting AI and data center growth. The pa
The partnership aims to secure advanced materials for Nvidia's AI and data center hardware production. $NVDA and Corning have entered a long-term agreement to collaborate on advanced materials critical for Nvidia's AI and data center infrastructure. The deal ensures a stab
Owens Corning beats top and bottom line estimates Owens Corning has reported earnings that surpass both top-line and bottom-line estimates. The company has also provided its outlook for Q2 and updated its FY26 outlook. The earnings beat is a significant development,
Ministers are set to warn the British public that flight cancellations will hit summer holiday plans as new research suggested that the UK is more exposed to jet fuel shortages than other European countries. Ministers are set to warn the British public that flight cancella
America's worrisome dependency on foreign sources of lithium could become a thing of the past: About 328 years' worth of last year's lithium imports is buried in Appalachia, according to a new analysis published by the US Geological Survey (USGS). America's worrisome depen
With oil and gas supply in a crunch, demand for alternatives has surged over the past two months. With oil and gas supply in a crunch, demand for alternatives has surged over the past two months. Analysts expect wind and solar to explode as countries seek to reduce their d
Failed peace talks and the ongoing disruption at the Strait of Hormuz reminded the world what a chokepoint looks like. Failed peace talks and the ongoing disruption at the Strait of Hormuz reminded the world what a chokepoint looks like. Oil spiked. The Dow dropped.
Oil and gas producers operating in Alaska reported increases in proved reserves in 2024 at a time when low prices triggered a decrease in nationwide proved reserves, according to our recently released U.S. Oil and gas producers operating in Alaska reported increases in pro
Australia’s state of New South Wales today launched the first natural gas exploration tender in ten years amid a supply crunch caused by the war in the Middle East. Australia’s state of New South Wales today launched the first natural gas exploration tender in ten years am
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