Cisco’s stock pops 15% 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 |
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Earnings
Burberry stock drops even as Americas and China demand boost turnaround efforts
Burberry’s full-year results marked a “meaningful inflection point,” the company said Thursday, as the luxury group reported sales growth boosted
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Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges
Jaap Arriens | Nurphoto | Getty Images Alibaba shares jumped on Wednesday as investors liked the e-commerce giant’s bullish tone
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China’s Tencent sees boost from gaming, AI demand even as revenue comes in weaker than
Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here’s
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SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan
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An under-the-radar AI stock just delivered the best quarter of the chip sector
Qnity Electronics delivered “the single best quarter that I have seen from the semiconductors” on Thursday, Jim Cramer said. Given
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Hims & Hers plummets 13% after first-quarter loss, weak earnings guidance
Piotr Swat | Lightrocket | Getty Images Telehealth company Hims & Hers’ stock plummeted on Tuesday after posting a first-quarter
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At TV upfronts, AI is in and corporate shuffles are reshaping the lineup
Advertisers will be hearing about the slate of live events in the coming year — and how AI is being
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On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
Swiss sneaker company On saw more strong growth during its first quarter, beating Wall Street’s expectations on the top and
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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,
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