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US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.
The shift to AI is creating an uneven tech job market, driving major cuts even as overall hiring ticks up and in-demand skills evolve.
If you've spent any time around cybersecurity professionals, you've heard some version of this warning: it's not a matter of if, but when. For years, that felt like industry boilerplate. Then Anthropic's Mythos arrived, and suddenly the urgency feels different. On June 3, CNBC's Jim Cramer posted ...
Broadcom (AVGO) stock sinks further in Thursday trading despite topping estimates for fiscal second quarter earnings and revenue, while also outpacing forecasts on third quarter guidance. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma in assessing Broadcom's post-earnings stock reaction compared to other AI players.
Investing.com -- Adobe Inc. has narrowed its CEO search to two internal candidates while also exploring external options through a hired search firm, according to a Bloomberg report Wednesday.
Zoom (ZM) is actively shedding its reputation as a single-use utility. Following a robust Q1 FY27 earnings beat and a speculative surge tied to Anthropic's IPO plans, shares have rallied to $112. As the stock trades at a notable premium, investors must determine if Zoom's AI-driven enterprise pivot truly justifies this momentum.
In an echo of the late 1990s, Cisco Systems and IBM were the best-performing stocks in the Dow Jones Industrial Average last month.
(Bloomberg) -- They were all stars of the dot-com era before fading into the background as the bubble burst and a new generation of tech darlings rose to the forefront. But Dell Technologies Inc., Nokia Oyj and Lenovo Group Ltd. are back with a vengeance thanks to the unrelenting artificial intelligence spending boom.Most Read from BloombergStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseCVS Returns Zepbound to Drug Plans
Moby summary of ePlus inc.'s Q4 2026 earnings call
Layoff notifications have long included wording about tough decisions in challenging times. Now, they're also increasingly nodding at how automation is reshaping workforces and companies' priorities.
The big guys on Wall Street have always had the advantage in the market. Until now. Meet AlphaSpace. Advanced charting, real-time fundamental analysis, portfolio tracking, and premium news that changes EVERYTHING for the everyday investor.
The global space economy is already worth more than $600 billion. While SpaceX may win the headlines, the better returns could come from the companies building the ecosystem around it, like Rocket Lab Corp. (RKLB), writes Nicholas Vardy, editor of Microcap Moonshots.
Back in 2025, when Cisco Systems (CSCO) was trading around $66, key support, recommending it felt like a contrarian bet. The stock had spent years in the slow lane - a legacy networking name that the market had largely written off while flashier AI plays grabbed the headlines. Fast forward to now, ...
Cisco and Lumentum delivered better-than-expected earnings results this quarter, and their valuations reflect Wall Street’s optimism.
Cisco Systems (CSCO) just got the kind of analyst note that doesn't often appear on a dividend-paying megacap. On the evening of Thursday, May 14, HSBC analyst Stephen Bersey upgraded Cisco to Buy from Hold and raised his price target to $137 from $77, according to a note carried by Investing.com ...
(Bloomberg) -- Cisco Systems Inc. shares slipped after Chief Financial Officer Mark Patterson warned that the company would see “ups and downs” with its gross profit margin as it pushes further into AI infrastructure. Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whip
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
Squaring AI-spurred layoff announcements with the available data on how companies have — and haven't — changed their workforces in the aggregate paints a more complicated picture of both the US labor market and AI's role in reshaping it.
Cisco is positioning itself as one of the companies built to win from the artificial intelligence boom. But that shift is bringing pain for workers. Despite a record quarter, the tech giant is reducing thousands of jobs as part of a broader restructuring tied to where it sees future growth. ...
Investing.com -- U.S. indices have declined so far on Friday, following a strong run, as markets take a breather and investors digest the latest macroeconomic and geopolitical news.
There's a version of Cisco (CSCO) that Wall Street wrote off years ago — a legacy networking giant stuck in the slow lane while flashier AI names grabbed all the attention. That story is getting harder to tell lately. The 41-year-old multinational technology conglomerate headquartered in California ...
Friday’s CNBC Halftime Report on May 8 featured two very different AI market stories unfolding at the same time. One centered on growing optimism around Cisco Systems (NASDAQ:CSCO) ahead of earnings, while the other exploded mid-segment as Intel (NASDAQ:INTC) jumped double digits on reports of a preliminary chip manufacturing agreement with Apple (NASDAQ:AAPL). The Cisco ... Intel Climbs 15% on Apple Chip Deal as Trader Warns on Upcoming Cisco Earnings