After Corning Breaks Out, This Fiber Optics Peer Lights Up. Both Shine On This Elite Screen.

Core Insights - Ciena and Corning, both leaders in the fiber optics industry, are highlighted as key enablers of artificial intelligence, being referred to as "pick-and-shovel" AI stocks [1] Group 1: Company Performance - Ciena's stock has seen a positive movement following strong earnings and guidance amid growth in data center orders [1] - Corning's stock broke out after securing a significant fiber-optic cable deal with Meta Platforms [1] Group 2: Market Context - The latest monthly list of new buys by top mutual funds has spotlighted both Ciena and Corning, indicating strong investor interest in these companies [1] - The overall market context shows fluctuations, with the Dow losing 400 points while the S&P 500 sets a record, highlighting the volatility in the market [1]