What Masa Son's plan to create 'Trump Industrial Parks' means for Corning stock

CNBC Finance

Dec 05, 2025

3 min read

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch â an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : Stocks are slightly higher Friday and on pace for a small weekly gain. It's been two full weeks since New York Fed President John Williams gave new life to the possibility of an interest rate cut at the December Fed meeting, and since then, the market has rebounded by 5%. Banks and other economically sensitive stocks are up on the strong likelihood of a cut next week. Capital One , Goldman Sachs , and Wells Fargo all hit new highs on Friday. However, we remain aware of overbought market conditions, as indicated by the S & P Oscillator reaching 4.6% on Thursday. Anything above a plus 4% would suggest the market is overbought; anything below a minus 4% would indicate the market is oversold. The next reading comes out after the market closes. Corning's growing importance : SoftBank CEO Masa Son is working on a plan to create Trump-branded industrial parks, The Wall Street Journal reported late Thursday. According to the report, the starry-eyed CEO wants to build factories to produce fiber-optic cable, data center equipment, and other critical components for AI infrastructure, funded by Japan. One digital news publisher said shares of Corning , the industry leader in fiber-optic cable, turned negative because of this story, suggesting competition is coming. However, we wouldn't read too much into this report just yet, and Corning shares are up in the session. Our initial reaction to Son's dream is that it could take years to fulfill, if it even becomes a reality. Perhaps more importantly, Son's desire to build fiber-optic manufacturing sites highlights Corning's growing importance in the data center ecosystem, especially in modern data centers that prefer fiber-optic cabling over copper to link GPU clusters because it is more economical. Next week: The calendar is winding down, but there are still a bunch of huge events. GE Vernova will host an investor day, and several notable earnings reports are scheduled, including Broadcom , Costco , Toll Brothers , Campbell's , AeroVironment , Cracker Barrel , Chewy , Vail Resorts , Synopsys , Ciena , and Lululemon . There's also the Fed Meeting on Wednesday, and odds are that the committee will cut interest rates by 25 basis points. In addition, the Fed will update its Summary of Economic Projections, which could provide clues about how many rate cuts the committee anticipates next year. We'll wrap things up with our December Monthly Investing Club meeting on Friday at noon ET. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Source: CNBC Finance

Published

December 05, 2025

Friday at 8:03 PM

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What Masa Son's plan to create 'Trump Industrial Parks' means for Corning stock

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