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Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.

This earnings season’s big winners include makers of AI-oriented hardware, but the list also includes some surprises.

By Max A.

Eos Energy Enterprises Inc (EOSE) reports a fivefold revenue increase and strategic growth initiatives, while navigating material cost pressures and aiming for positive margins by year-end.

(Bloomberg) -- Cisco Systems Inc. gained as much as 19% in late trading after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueTrump Lands in China for Xi Trade Summit With Iran War in

A stock fell nearly 13% after earnings on May 8. By the next morning, Michael Burry had already bought a full position. He posted about it on Substack before the market opened. The speed of that move tells you almost everything about how Burry thinks. The details of why he moved tell you the rest. ...

On May 13, 2026, investors weighed a surprise earnings beat against bold long-duration storage ambitions and hefty funding needs.

Snail, Inc. (SNAL) delivered earnings and revenue surprises of +128.57% and +51.64%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

For years, Netflix operated on a simple premise: charge people a monthly fee, create engaging content, and grow. That model worked brilliantly. But something has quietly shifted. Netflix (NFLX) just raised prices again. And while the sticker shock is real, the more important story is what's ...

The latest leg of a blistering Nvidia stock rally fueled fresh records for the S&P 500 and Nasdaq Wednesday, after Chief Executive Jensen Huang joined a high-stakes China summit that could determine the next phase of the global AI arms race. Shares of Nvidia rose 2.3%, their sixth consecutive day of gains. In a sign of the chip maker’s dominance over the market, Nvidia in intraday trading became the first company to reach a market capitalization of $5.5 trillion.

The S&P 500 and Nasdaq ran higher, led by Google, Nvidia, Tesla and other titans. Cisco earnings beat while AI chipmaker Cerebras will price its IPO.

Investor support for Ford Motor's energy storage business sent its stock ‌soaring 13% Wednesday, the biggest single-day increase in ‌about six years, following a note from Morgan Stanley highlighting details released ​by the company on Monday. Ford announced its wholly-owned energy subsidiary late last year, and it is being directed by Lisa Drake, who has been a key leader in ‌the company's efforts around ⁠electric vehicles. • After a $19.5 billion writedown on its EV programs in December, ⁠Ford announced it would launch an energy storage business, utilizing plant space in Kentucky that was previously meant to produce ​batteries for ​electric vehicles.

Cisco reported fiscal Q3 earnings and revenue that topped estimates. Cisco stock, which hit a record high on Wednesday, climbed on the news.

(Updates with details of restructuring plan and dividend in the eighth and ninth paragraphs.) Cis

Cisco Systems Inc (NASDAQ:CSCO) reported financial results for the third quarter of fiscal 2026 after the market close on Wednesday. Here’s a look at the key details from the report. Cisco Systems stock is approaching key resistance levels. What’s driving CSCO to record levels? Cisco Q3 Earnings Highlights Cisco posted third-quarter revenue of $15.84 billion, beating analyst estimates of $15.56 billion. The networking equipment company reported adjusted earnings of $1.06 per share for the quarte

Wall Street was split on Wednesday, with stocks charging higher while Treasuries sold off following another poor auction that saw the 30-year Treasury yield reach 5%. The Dow fell 0.1%. Stocks gained despite a high inflation reading: Wholesale energy prices climbed 7.8% in April from March.

(Bloomberg) -- Gold fell as the latest US data showed a resurgence in inflation, reinforcing bets that the Federal Reserve will keep interest rates higher for an extended period of time.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueTrump Lands in China for Xi Trade Summit With Iran War in LimboBullion dropped as much as 1% Wednesday after

Cerebras’s IPO comes at a dramatic time, with chip stocks surging and many at or near all-time highs.

AI heavyweight Nvidia (NVDA) will report its first quarter results on May 20, in what is easily one of the most anticipated announcements of the earnings season.

Ford Motor’s stock soared Wednesday as Wall Street cheered the automaker’s increased focus on using batteries once meant for electric vehicles as stationary energy-storage systems. Morgan Stanley analysts cited the company’s new Ford Energy subsidiary in a note Wednesday as an “underappreciated” competitive advantage. Energy storage systems are large stationary batteries, which have emerged as an alternative business strategy for carmakers who invested heavily in electric vehicle battery plants.

Colgate-Palmolive (NYSE:CL) is exactly the kind of name investors hunt for when the macro picture gets murky. Low beta, a 63-year dividend streak, and a portfolio of brands that sell whether the economy expands or contracts. With shares at $87.44 and tariffs creating fresh margin pressure, the question is whether the defensive premium is already ... Prediction: Colgate-Palmolive Will Jump 20% This Year

(Updates prices.) Gold edged higher midafternoon Wednesday even as the dollar rose after a repor

Ford shares surged on Wednesday after Morgan Stanley said Ford's new energy business could be a winner for the automaker, based on a big competitive advantage it has with battery tech.

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 1% on Wednesday. The Dow traded down 0.24% to 49,638.96 while the NASDAQ gained 1.18% to 26,395.66. The S&P 500 also rose, gaining, 0.60% to 7,445.55. Leading and Lagging Sectors Communication services shares jumped by 1.6% on Wednesday. In trading on Wednesday, utilities stocks fell by 1.4%. Top Headline Alibaba Group Holding Ltd. (NYSE:BABA) shares gained around 6% on Wednesday after the e-commerce and clou

Ford Motor Co (NYSE:F) shares are skyrocketing Wednesday. Morgan Stanley released new research arguing that the company's energy storage ambitions are far more valuable than the market currently recognizes, putting the stock on pace for its best session since March 2020. Here’s what you should know. Ford Motor stock is among today’s top performers. What’s behind F gains? What’s Pushing Ford Higher? Morgan Stanley analyst Andrew Percoco reiterated an Equal‑weight rating and kept a $14 price targe

Tech stocks ripped higher on Wednesday despite a sharply hotter-than-expected April Producer Price Index reading that rekindled inflation anxieties and rate-hike fears, as strength in semiconductors fueled investor sentiment. Nvidia Corp. (NASDAQ:NVDA) rallied for the sixth straight session to above $226 per share, with the company’s market cap soaring above $5.5 trillion ahead of next week’s highly awaited earnings report. Speaking via Truth Social shortly before landing in Beijing, Trump told

Cisco earnings are coming after the close. Memory costs have been surging, and that’s hurt tech hardware companies’ margins.

The company reported earnings results above consensus estimates and announced a new data center site with large capacity.

Arm Holdings and SoftBank Group made an approach to acquire Cerebras Systems weeks before its expected initial public offering, which was rebuffed. Bailey Lipschultz has more on "Bloomberg Deals."

Nebius stock soars after quarterly results.