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: earnings
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 ...
Nintendo plunges 8% after Switch 2 price hike and weak sales forecast
A Super Mario character is pictured at a Nintendo display ahead of the launch of the company's Switch 2 console, ...
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, ...
Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Higher gasoline prices and mounting geopolitical tensions are doing little to slow the American consumer — at least judging by ...
Wall Street sees ‘changing of the guard in AI’ as Intel, AMD shares soar while Nvidia lags
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBCSince the launch of ChatGPT in late 2022 ...
Rocket Lab surges 34% in best day ever on revenue beat, record-setting launch deal
Rocket Lab's stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced ...
Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in ...
Peloton stock rises as higher subscription prices help company drive a profitable quarter
Peloton posted fiscal third-quarter results Thursday that beat Wall Street expectations on revenue and revealed a narrow profit for the ...
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025.Mario Tama | Getty ImagesWarner Bros. ...
