Cisco Systems

Business

SoFi Profits Surge as Fee-Based Boom Shields Fintech from Rate Volatility

SoFi Technologies posts a sharp rise in quarterly profit, driven by record loan demand and a 78% revenue surge in its fee-generating financial services arm. The performance highlights a strategic shift as consumers flock to digital lenders for debt consolidation, while potential regulatory headwinds loom for the credit card industry.

Jan 30, 2026

Business

Analysts Bullish on ASML: TD Cowen Lifts Price Target to €1,500 on Surging EUV Demand

Investment firm TD Cowen has significantly increased its price target for semiconductor equipment leader ASML Holding, citing robust bookings for its cutting-edge EUV lithography systems and a clear path for capacity expansion to meet relentless AI-driven demand.

Jan 30, 2026

Business

Dynatrace Bets Big on AI with 'Intelligence' Platform Launch, Analysts Eye Growth Potential

At its Perform conference, Dynatrace unveiled Dynatrace Intelligence, a new platform merging deterministic and agentic AI to automate complex IT operations. The launch, coupled with enhanced cloud integrations and user monitoring tools, signals the company's aggressive push to dominate the observability market in an AI-driven era, even as some debate its current market valuation.

Jan 30, 2026

Business

AMD and GIGABYTE Forge Deeper AI Alliance, Targeting the Next Wave of Gaming PCs

AMD and GIGABYTE have significantly expanded their partnership to co-develop a new generation of AI-accelerated gaming laptops, motherboards, and monitors. This strategic move aims to bring powerful, on-device AI capabilities directly to consumers, potentially reshaping competitive dynamics in the PC gaming hardware market.

Jan 30, 2026

Business

U.S. Bets on Rare Earths Diversity with $1.6 Billion Rival Backing, MP Materials Navigates New Policy Landscape

The U.S. government's $1.6 billion commitment to USA Rare Earth signals a strategic pivot towards fostering competition in the critical minerals sector, reducing price supports and introducing new volatility. As policy shifts, industry leader MP Materials counters with record production and expanded magnet manufacturing, highlighting the intensifying race to secure a domestic supply chain for EVs and defense.

Jan 30, 2026

Business

AMD's Q4 Earnings in Focus: AI Spending Scrutiny Meets High-Stakes Product Ambitions

As AMD prepares to release its fourth-quarter results, the chipmaker finds itself at a critical juncture, balancing Wall Street's anxiety over AI infrastructure costs against its aggressive push to challenge Nvidia's dominance with new data center and PC products.

Feb 2, 2026

Business

ASML Shares Get Bullish Boost as Bernstein Raises Price Target on Strong 2026 Outlook

Bernstein analyst lifts ASML's price target to $1,911, citing a buying opportunity after recent pullback. The chip equipment giant's record Q4 orders and updated guidance signal confidence in the AI-driven semiconductor upcycle.

Feb 2, 2026

Business

The Digital Heist: How AI-Powered Fraudsters Are Targeting the Freight Industry

As cargo theft evolves from petty crime to sophisticated, high-value scams, logistics firms like Echo Global Logistics are deploying advanced AI and human vigilance in a high-stakes battle for security. Senior VP Jeff Starr details the new frontline in freight fraud.

Feb 2, 2026

Business

Werner Enterprises Soars on Strategic Acquisition, Expanding Dedicated Fleet by Half

Shares of Werner Enterprises (WERN) surged 6% following the announcement of its acquisition of FirstFleet, a move that significantly bolsters its dedicated transportation division and market position.

Feb 2, 2026

Business

Analyst Backing and AI Tailwinds Lift Super Micro Computer Shares

Shares of Super Micro Computer (SMCI) advanced Thursday after Rosenblatt Securities reiterated its Buy rating, with investors eyeing potential benefits from NVIDIA's next-generation AI chips and easing supply constraints.

Feb 2, 2026

Business

Beta Bionics Faces FDA Warning Letter, Assures No Impact on Product Pipeline or Financials

The medical device developer Beta Bionics has received a warning letter from the U.S. Food and Drug Administration, a regulatory action stemming from a facility inspection last summer. The company maintains the letter will not disrupt its operations, manufacturing, or the planned launch of its new insulin patch pump.

Feb 2, 2026

Business

Netflix Consolidates Tech Leadership: Elizabeth Stone Elevated to Dual Role as Chief Product and Technology Officer

In a strategic reshuffle following the exit of its product chief, Netflix has merged its product and technology divisions under veteran executive Elizabeth Stone, signaling a tighter integration of engineering and user experience.

Feb 2, 2026

Business

Beyond Bargain Prices: How Chinese EV Quality is Redefining Global Competition

The narrative around Chinese electric vehicles is undergoing a fundamental shift. Once known primarily for affordability, leading Chinese automakers are now challenging incumbents with rapidly improving quality, technology, and reliability, forcing a global industry recalibration.

Feb 2, 2026

Business

iRhythm's Reset: Analysts Recalibrate Price Targets Amid Shifting Market Sentiment

A significant reset in analyst price targets for iRhythm Holdings (IRTC) is prompting investors to reassess the cardiac monitoring firm's risk-reward profile. This shift reflects evolving views on reimbursement headwinds, competitive pressures, and long-term growth catalysts in the digital health sector.

Feb 2, 2026

Business

Novo Nordisk Advances Oral Obesity Pill and Cell Therapy Pipeline Amid Market Reassessment

Novo Nordisk launches its first oral GLP-1 weight-loss drug with strong early demand, reports positive Phase 3 results for CagriSema, and expands a cell therapy partnership for diabetes. These moves come as investors reevaluate the company's long-term growth prospects amid competitive and pricing pressures.

Feb 2, 2026

Business

Fifth Third Completes Comerica Acquisition, Sets September Integration Date

Fifth Third Bancorp has finalized its $12.3 billion acquisition of Comerica Bank, with customer system conversions and branch rebranding scheduled to begin after Labor Day. The deal reshapes Michigan's banking landscape and creates the nation's ninth-largest bank.

Feb 2, 2026

Business

Waymo's Robotaxi Premium Narrows as Autonomous Rideshare Market Heats Up

A new study reveals the cost gap between Waymo's driverless vehicles and human-driven Uber and Lyft rides is shrinking, signaling a pivotal moment for the competitive robotaxi industry.

Feb 2, 2026

Business

Jim Cramer Backs Carrier Global, Advising Investors to 'Buy and Hold'

CNBC's Jim Cramer endorsed Carrier Global Corp. (NYSE:CARR) on his recent show, praising CEO Dave Gitlin's leadership and strategic acquisition. He recommended investors buy the stock for the long term, citing confidence in the company's positioning within the climate solutions sector.

Feb 2, 2026

Business

Cramer's AI Bet: Alphabet Could Out-Earn Meta in Artificial Intelligence, Earnings to Reveal

CNBC's Jim Cramer positions Alphabet as the potential 'only winner in AI,' suggesting its upcoming earnings may show it generating more revenue from AI than rival Meta Platforms.

Feb 2, 2026

Business

Cramer's Tesla Take: From EV Maker to Robotics Play, 'Call Me a Buyer'

CNBC's Jim Cramer expressed renewed bullishness on Tesla, shifting focus from its electric vehicle business to its ambitions in robotics and autonomous 'Cybercab' technology following the company's latest earnings call.

Feb 2, 2026