Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 11, 2026. Brendan McDermid | Reuters The S&P 500 fell on Thursday as investors continued to shift away from technology names toward those more poised to benefit from a growing U.S. economy. The broad market index dropped … Read more
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did … Read more
CNBC’s Jim Cramer on Friday outlined what to watch in Wall Street’s week ahead, from key labor data to big earnings reports from McDonald’s, Robinhood and others. “There’s a lot going on next week, but the most important thing, believe it or not, is the Labor Department’s nonfarm payroll report on Wednesday,” Cramer said. “If … Read more
Jobs and inflation data, following the brief delay in government data, will be released together next week, bringing the interest rate outlook to the fore for investors. January’s nonfarm payrolls report and consumer price index, set to hit screens days after their original release dates , could re-instill confidence in the market following a recent … Read more
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The Environmental Protection Agency closed a loophole this week that Elon Musk’s xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk’s artificial intelligence startup created a kind of off-grid power plant for its Colossus facility by … Read more
People walk past the U.S. Supreme Court building on the first day of their new session in Washington, D.C., U.S., Oct. 6, 2025. Jonathan Ernst | Reuters The U.S. Supreme Court agreed on Friday to hear an appeal by Cisco Systems in which the tech company and President Donald Trump’s administration are asking the justices … Read more
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO … Read more
Jyoti Bansal, co-founder and CEO of Harness, speaks at the company’s Unscripted conference in London on Sept. 25, 2025. Harness Almost nine years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 billion just as the software startup was set to go public. Bansal’s latest venture, Harness, is now worth substantially more than that, after … Read more
It was a volatile week for the stock market, with the Dow Jones Industrial Average hitting an all-time high before pulling back. Wall Street pulled money away from Big Tech and into more defensive sectors, such as health care and financials. The end of the longest-ever U.S. government shutdown and expectations for interest rate cuts … Read more
Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose more than 7% in extended trading. Here’s how the company did in comparison with … Read more