Cisco’s stock pops 17% on surging AI orders, as company says it’s cutting almost 4,000 jobs
Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026.Alex Wong | Getty ...
Tag: Business
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share, above the expected range, as ...
Alibaba’s core profit plunges 84% even as AI and cloud growth accelerate
Jaap Arriens | Nurphoto | Getty ImagesAlibaba on Wednesday said its core profitability plunged in the March quarter amid heavy ...
Laid-off GM employees tell of ominous email, severance and role of AI
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an ...
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
The General Motors global headquarters in Detroit, Jan. 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT – General Motors is ...
Target is trying to win back busy families from Walmart, starting with the baby aisle
CLIFTON, New Jersey — Along with aisles of diapers and colorful onesies, Target shoppers in some of the retailer's big-box ...
Why one of the nation’s largest auto lenders isn’t worried about high vehicle prices or ‘forever loans’
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesThe ...
Dunkin’ owner Inspire Brands confidentially files for IPO
A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin' Donuts location in Los Angeles, Sept. 6, ...
Jim Cramer says ‘it’s not to late’ to own AI winners powering the market
CNBC's Jim Cramer said the market continues to be driven overwhelmingly by enthusiasm around semiconductors and data center stocks, and ...
Fitness wearable Whoop to offer on-demand clinician access to U.S. users
Whoop fitness wearable.Courtesy: WhoopWearable fitness tracker Whoop announced on Friday it will introduce in-app access to on-demand licensed clinicians for ...
