We’re increasing our Cisco Systems price target after an AI-fueled beat and raise
Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise. Another quarter
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Earnings
Cisco’s stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders
Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22,
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AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and
Duolingo, Doordash and Roblox apps Tiffany Heard-Grear | Bloomberg | Getty Images Across the tech sector this earnings season, companies
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CoreWeave’s stock slides on weak guidance even as revenue more than doubles
Michael Intrator, co-founder and CEO of CoreWeave, speaks at the Semafor World Economy Summit during the International Monetary Fund and
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Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance
Instacart topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. The grocery delivery platform’s stock rose 1.6%
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Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area
Courtesy: Archer Aviation Archer Aviation’s stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted
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Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn’t seeing credit stress among federally
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Block sinks 7% after weak third quarter results miss Wall Street estimates
Block shares fell nearly 8% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit
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Here’s our price target and rating on Qnity, our newest stock to ride the AI chip boom
Call us believers in the Qnity Electronics story. We’re instituting a buy-equivalent 1 rating and price target of $110 a
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What caused the stock market’s lackluster week — plus, an earnings season update
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time
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