The computer networking equipment giant reported financials on Wednesday. Here’s what they say.
Category: Business
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Stocks close at a new record, powered by chip stocks and Big Tech
Traders ignored the surprise spike in producer prices and piled back in to the AI trade.
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Microsoft: We have spent over $100 billion on OpenAI deal
A Microsoft executive revealed in testimony that the company had spent over $100 billion on its partnership with OpenAI.
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Netflix confirms a “KPop Demon Hunters” world concert tour is on the way
Netflix has hit a “Golden” mine and it’s continuing to dig deeper.
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The real problems with using GameStop shares to try to purchase eBay
There are three reasons why GameStop trades where it does. Only one of these, and the least important reason, is something eBay shareholders would get to enjoy.
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Anthropic in talks for funding at a valuation as high as $950 billion, which would make it bigger than OpenAI
An improbable, parabolic rise in valuation has rocketed Anthropic past the presumed leader, OpenAI.
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Ford surges on bullish options activity, Morgan Stanley praises its battery business
Ford shares climbed more than 8% in intraday trading on Wednesday.
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XRP tops 24-hour chart on South Korean crypto exchange
In the last 24 hours, XRP has generated over $105 million in trading volume on Upbit, outpacing bitcoin, ethereum, and dogecoin.
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Alphabet’s Waymo to add 200 square miles of coverage area to existing markets
That will bring its total coverage to 1,400 square miles.
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25% of federal lobbyists are involved in AI issues, up from 11% in 2023
Silicon Valley companies are amping up their lobbying efforts in Washington.
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CLARITY Act could help reshape bitcoin’s narrative for second half of 2026
“Thursday isn’t the finish line, it’s the gate. A clean markup is what tells institutional capital it’s safe to come off the sidelines.”
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Tower Semiconductor soars on solid sales guidance with $1.3 billion in silicon photonics sales contracts
The company issued record revenue guidance and secured major silicon photonics contracts, locking in $1.3 billion in revenue for 2027.
