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The market should recover its poise within the next few days, says Fundstrat’s Tom Lee.
Nvidia assembled nearly 40 tech and cybersecurity giants for a new open-source AI defense coalition, but Meta was not among the listed founding members.
US equities (^DJI, ^IXIC, ^GSPC) closed Friday's session in negative territory — led by the Nasdaq Composite's 1.4% drop — all three of the market indexes seeing weekly losses amid the recent sell-off in semiconductor stocks. Yahoo Finance Markets and Data Editor Jared Blikre examines the day's market moves, taking a closer look at the losses in semiconductor stocks and the gains seen across the software landscape.
AI stocks are soaring, but so did tech in 2000. Here's what the dot-com crash, Cisco, and today's concentration risk reveal about whether the AI bubble is real, and what it means for your money.
In late June 2026, Arista Networks, Inc. was added to the Russell Top 50 Index, while multiple research firms highlighted its role in AI-focused networking and public cloud-managed LAN solutions alongside peers such as Cisco, Extreme, HPE, Meter, and Nile. These developments underline how Arista is increasingly tied to AI-related networking demand and institutional index flows, potentially amplifying its exposure to trends in cloud-managed LAN and campus Network-as-a-Service adoption. Next,...
📈 Follow our live markets data and coverage. Wharton School finance professor Jeremy Siegel, a cheerleader for staying invested as the 1990s bull market bubbled higher, made a surprising argument at the time. The boom-and-bust Nifty Fifty stocks of the early 1970s, long trotted out as a cautionary tale of falling in love with one group, weren’t so bad.
While Zebra Technologies has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
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 artificial intelligence boom that’s pushing market caps to records is reshaping employment. Challenger, Gray & Christmas data highlighted on CNBC’s Closing Bell Overtime on June 4 indicates that more than 87,000 layoffs this year have been tied to AI, already eclipsing all of 2025’s full-year total just five months in. Chip leader NVIDIA (NASDAQ:NVDA) ... AI Layoffs Already Have Surpassed Last Year’s Total. Tech Workers Are Being Cut First.
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.
The Israel-based website builder joins a growing list of companies trimming staff amid the ‘fast evolution’ of AI, including Meta, Cisco, and Intuit.
META is cutting 8,000 jobs and shifting thousands into AI roles as massive infrastructure spending reshapes its workforce.
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.
Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.
Big corporations are using AI investment as an excuse to cut jobs. But according to Nvidia's VP of applied deep learning, the economics behind these mass layoffs don't add up.
Cisco Systems recently reported record fiscal third-quarter 2026 results, with revenue of US$15.84 billion and net income of US$3.37 billion, while also declaring a US$0.42 quarterly dividend payable on July 22, 2026, to shareholders of record on July 6, 2026. The company sharply raised its fiscal 2026 AI infrastructure order outlook to US$9 billion, backed by accelerating hyperscaler demand and a restructuring that concentrates investment on silicon, optics, security, and AI-focused...
Cisco Systems (NasdaqGS:CSCO) is cutting nearly 4,000 jobs as part of a broad workforce reduction. The company is reorganizing to focus more on AI infrastructure, silicon, security, and optics. The shift represents one of Cisco’s largest corporate transformations in recent years. Cisco sits at the center of global networking, supplying routers, switches, and software that underpin internet and enterprise traffic. The renewed focus on AI, silicon, security, and optics ties directly into long...
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. ...
8am: Stocks set for pullback US stock futures are pointing to a softer open on Friday, with investors taking a step back after a barnstorming session on Thursday that saw both the S&P 500 and Nasdaq close at fresh record highs and the Dow Jones reclaim the psychologically important 50,000...