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We're increasing our Cisco Systems price target after an AI-fueled beat and raise
Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout.
CNBC Daily Open: An AI and 'everything else' market in play in the U.S.
What investors would really like is if fork in the markets merges into one. That tends to be the safer path to take.
Cisco's stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders
Cisco has returned to growth this year after revenue dropped in 2024, but Wall Street is waiting to see if the company can be a major player in AI.
Firefly Aerospace shares jump 15% on strong revenues, boosted guidance
Firefly Aerospace, which went public in August on the Nasdaq, issued better-than-expected third-quarter results and lifted its guidance.
Defense startup Govini founder Eric Gillespie charged in child sex sting
Govini has a $900-million U.S. government contract and multiple deals with the Pentagon.
AMD stock soars 9% on strong growth projections as CEO Su calls AI spending ‘the right gamble’
Many of AMD's hyperscaler customers have beefed up spending as AI reaches an "inflection point" and companies can see the return on that spending, Su added.
What Anthropic's $50 billion AI infrastructure investment means for these 3 portfolio stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital
Code Metal has raised $36.5 million in a funding round led by Accel.
Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers
Anthropic rival OpenAI has secured more than $1.4 trillion worth of deals with Nvidia, Broadcom, Oracle and the major cloud providers.
Waymo begins offering freeway robotaxi rides in San Francisco, LA and Phoenix
The Google sister company has been testing robotaxi freeway rides with employees for more than a year.
AI trade stalls, 'ghost job' listings, Trump floats tariff rebate checks and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion
Swedish autonomous EV trucking company Einride is planning to go public on the NYSE through a SPAC deal with Legato Merger Corp. III valuing it at $1.8 billion.
Google sues cybercriminal group behind E-ZPass, USPS text phishing scams
Google filed a lawsuit against a cybercriminal group largely based in China that is behind a massive text message phishing operation, or "smishing."
CNBC Daily Open: SoftBank goes all in on OpenAI as 'Big Short' investor issues caution on AI firms
SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.
Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn, the world's largest contract electronics maker, reported Wednesday that its third-quarter profit jumped 17% from a year earlier.
Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says
Singapore DPM Gan Kim Yong said if the EU and ASEAN can come together to discuss a digital economic agreement, it would be a "major breakthrough."
Rocket Lab posts record third-quarter revenue, launch backlog
Rocket Lab said its has 49 rocket launches on contract and 17 of those deals were signed during the third quarter.
Lawmakers just released a much-awaited crypto market structure bill. Here's what it means for digital assets and what comes next
The Senate Agriculture Committee released a draft of its part of a crypto market structure bill, which could help advance the U.S. digital assets industry.
CoreWeave CEO won't say if Core Scientific caused data center delays, both stocks plunge
CNBC's Jim Cramer noted data center delays at sites in Texas, Oklahoma and North Carolina tied to Core Scientific.
AMD's Lisa Su sees 35% annual sales growth driven by 'insatiable' AI demand
Su said that AMD could be able to achieve "double-digit" share in the data center AI chip market over the next three to five years.
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