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Investing.com -- Cisco Systems forecast fiscal 2027 revenue and profit above Wall Street estimates on Wednesday, betting that surging demand for networking equipment and artificial intelligence infrastructure will sustain growth into the new year.
Toast’s results for Q2 reflected broad-based momentum, with management attributing growth to rapid adoption of its AI-driven offerings and ongoing expansion into new markets. CEO Aman Narang highlighted the rapid scaling of Toast IQ Grow, the company’s new marketing agent, as a primary contributor to customer growth and increased monetization. Management also pointed to record net location adds and strength across both core restaurant and emerging verticals, driven by demand for an integrated pl
Cisco stock rose amid fiscal Q4 earnings and revenue that topped estimates while the company's fiscal 2027 sales outlook came in above views.
The entire AI data center industry still appears to be firing on all cylinders after all, with more of the same in the cards.
The company continued to receive billions of dollars in orders from artificial-intelligence hyperscalers.
Bending Spoons, an acquisitive digital media and software company, has enjoyed a strong stock market debut. Analysts expect it will report revenue of $683 million for the second quarter and earnings per share of 27 cents.
The Canadian pipeline giant is still a rock-solid income investment.
Abel is following Warren Buffett's longstanding playbook of disciplined investing, but the conglomerate's portfolio is increasingly including tech stocks.
Chevron does everything at scale, including reducing its debt burden, and that's a good thing for investors.
Cerebras Systems beat Wall Street's adjusted sales target for the second quarter and guided well above views for the full year.
Andrew Mark Brandon-Gordon disposed of shares to cover RSU vesting taxes, retaining 417,000 direct shares worth $3.8 million.
A new family use case could expand trip frequency
Freshworks’ Q2 results topped Wall Street’s revenue and non-GAAP profit expectations, fueled by continued momentum in its employee experience (EX) platform and robust adoption of AI-powered solutions. Management highlighted large enterprise wins and strong growth in cross-selling advanced IT asset management and incident response modules. CEO Dennis Woodside credited this performance to the company’s ability to displace legacy providers, with customers like Seagate and American Oncology Network
A massive financing machine is drawing uncomfortable comparisons
Adelman retained 94% of his shares.
Apple Inc. (NASDAQ:AAPL) is testing DRAM chips from China’s ChangXin Memory Technologies (CXMT) across several product lines, including iPhones and MacBooks. The move comes as Apple deals with a tight memory supply market driven by strong demand from the artificial intelligence industry. At the same time, Apple has held early discussions with CXMT about supplying […]
Enterprise storage is becoming memory's next major battleground
Networking technology giant Cisco (NASDAQ:CSCO) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 17.6% year on year to $17.25 billion. On top of that, next quarter’s revenue guidance ($18.1 billion at the midpoint) was surprisingly good and 8.1% above what analysts were expecting. Its non-GAAP profit of $1.22 per share was 4.4% above analysts’ consensus estimates.
More than $40 billion in customer commitments strengthened the case for Nebius's capital-intensive data-center expansion.
The fast-casual chain's revenue is already rebounding from the Cyclospora scare.
This non-discretionary sale was tied to RSU vesting.
Investors can’t get enough of ETFs, which use derivatives to give stocklike returns or regular income while limiting the downside.
The Kraft Heinz Company (NASDAQ:KHC) keeping its quarterly dividend at $0.40 per share was not unexpected. Still, the fact that the payout has not increased in seven years is something income investors cannot easily overlook. The bigger question is whether the company is finally getting close to raising the dividend or if $0.40 is still […]
US equity indexes ended mixed Wednesday amid stock gains by some major technology stocks and a four-
Options pricing suggests Applied Materials shares will sink after Q2 earnings on Aug. 13. Here’s why the derivatives market recommends caution on AMAT stock.
Super Micro's enormous revenue forecast and sharply improved margins outweighed a modest quarterly sales miss.
Energy stocks edged higher Wednesday with the NYSE Energy Sector Index little changed, erasing earli
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