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Wednesday 15-May-24
“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.
Cisco’s stock rises as demand stabilizes and revenue outlook impresses
Berkshire Hathaway reveals in a filing that it accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.
Warren Buffett’s Berkshire Hathaway reveals Chubb as ‘mystery stock’ purchase
The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.
Bond-market rally may not be over after inflation report brings ‘massive relief’
Under the deal, Palo Alto Networks will become IBM’s “preferred cybersecurity partner.”
IBM and Palo Alto Networks are joining forces on AI, as cybersecurity threats get tougher
A weekly look at the most important moves and news in crypto, and what’s on the horizon in digital assets.
Meme stocks like GameStop and AMC are hot again — what it means for meme coins
Michael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund that invests in physical gold.
Michael Burry’s Scion dumps Alphabet and Amazon, buys shares of gold ETF
Emerging Visa technology envisions a world where a single credential unlocks the ability to purchase through debit, credit and more.
How Visa wants to turn your debit card into your credit card
Critics say enrollment management has pushed colleges to prioritize money and U.S. News at the expense of students.
Revenue and rankings: Inside the multibillion-dollar industry shaping college admissions
David Tepper’s Appaloosa hedge fund took new stakes in Boeing Co. and Lyft Inc., to name a few of its fresh bets, and sold off the General Motors Co. stake it had snapped up only a few months ago, according to a filing with the Securities and Exchange Commission late Wednesday.
Appaloosa takes new stake in Boeing, sours on GM
Cruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedestrian who was struck and severely injured by one of its robotaxis last year.
GM’s Cruise to pay at least $8 million to woman hit by robotaxi: reports
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