Cisco CEO Chuck Robbins speaks at The Wall Street Journal's Future of Everything Festival in New York on May 21, 2024.Dia Dipasupil | Getty ImagesCisco reported a fourth straight quarter of declining revenue even as results topped analysts' estimates. The stock slipped 1% in extended trading.Here's how the company...
Check out the companies making headlines in extended trading. CNH Industrial — Shares popped nearly 8% after Greenlight Capital's David Einhorn at CNBC's Delivering Alpha conference told attendees he took a medium-sized position in the agricultural equipment company. Cisco Systems — Shares inched lower by less than 1% even...
Check out the companies making headlines in midday trading. Charter Communications , Liberty Broadband — Cable operator Charter Communications agreed to acquire Liberty Broadband in an all-stock deal. Charter shares rose 5.6%, while Liberty Broadband slid 3%. Cava Group — Shares of the Mediterranean-inspired food chain popped 7% after...
Amid the latest bitcoin rally, crypto investors face a looming deadline that could impact future taxes — and they must take action before Jan. 1, 2025.The U.S. Department of the Treasury and IRS in July unveiled final tax reporting rules for digital asset brokers, with phased-in guidelines.Starting in 2026, brokers will...
Miami, United States, November 13th, 2024, FinanceWireIntoTheBlock, a leader in institutional DeFi and analytics, in collaboration with Trident Digital, a pioneer in crypto-focussed financial services, is pleased to announce the release of a comprehensive research report titled “DeFi’s Next Frontier: Institutional Opportunities, Challenges, and the Path Forward.” This paper...
Check out the companies making...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
After staving off recession for longer than many thought possible, the US consumer is finally about to crack, according to Bloomberg’s latest Markets Live Pulse survey. More than half of 526 respondents said that personal consumption — the most important driver of economic growth — will shrink in early 2024, which would...
Morgan Stanley has pushed back against Treasury bears, saying investors should buy US sovereign debt as markets may be too optimistic over the prospect of a soft-landing for the economy. Treasuries are also likely to be supported as inflation can keep slowing even if growth does remain relatively healthy, strategists...
Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks. The group has seen paper profits of nearly $13 billion this year by wagering on a drop in the prices of small-, micro- and nano-cap shares, according to...
Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley. Dojo can open up “new addressable markets,” just like AWS did for Amazon.com Inc., analysts including Adam Jonas and Daniela M Haigian...
Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles. Actively managed ETFs — especially those with exposure to India’s world-beating growth and Latin American stocks — have lured nearly half a...
Welcome back to the Interchange! While we would love for all startups to succeed, the reality is that the vast majority fail. It’s not something that people often talk about, because quite frankly, it can be a downer topic. But failure is a part of life, and many founders who don’t...
Taylor Swift pauses between songs during her first sold-out concert of three nights at AT&T Stadium in Arlington, Texas, in March.Fort Worth Star-telegram | Tribune News Service | Getty ImagesLOS ANGELES – Taylor Swift changed the music industry. Now she's coming for the movies.The cinema industry is in a...
