Financial News

IBM is now a more predictable, software-led business powered by Red Hat and hybrid cloud.

While the Taiwan tripwire remains, the first day of the U.S.-Beijing summit suggests both superpowers are prioritizing market stability over friction.

AI Boom Pushes Dow Above 50,000 After Cisco Blowout Results

Cisco lifted its hyperscaler order target to $9 billion as its AI networking pivot gains traction.

Leading cryptocurrencies were up in the green on Thursday after the Clarity Act passed the Senate Banking Committee on a bipartisan vote.

The stock market hit highs as Nvidia led and AI chip IPO Cerebras soared in its debut, while Broadcom and Taiwan Semiconductor flashed buy signals. The Trump-Xi summit continues.

On May 14, 2026, Cisco’s earnings-fueled jump helped propel major U.S. benchmarks to fresh records amid a broader AI-driven rally.

AI-driven orders, record revenue, and a sweeping restructuring put this networking giant’s next phase under scrutiny, today, May 14, 2026.

STORY: Cisco shares surged to a record-high on Thursday after the company posted AI demand-powered strong results and announced nearly 4,000 job cuts to redirect investments into technology.Cisco has emerged as a big winner from Big Tech's AI spending spree, thanks to its key role in supplying gear crucial to the functioning of data centers. The stock had gained 32% this year by Wednesday's close.Lang said that "if you go back to the dotcom era, when Cisco was the king of all the tech names," the company's internet networking equipment was "starting to die out.""Whereas today, Cisco has made that transformation into becoming an AI security network company," he added, calling it an area of technology that is just "starting to get bigger and better."

Investors are monitoring Day 2 of a high-stakes Xi-Trump summit in Beijing after the first day signaled an easing of trade tensions and some deals.

The Nasdaq Composite and the S&P 500 hit new peaks on Thursday, buoyed again by gains in the technol

US equity indexes rose as sector-topping technology shares pushed the S&P 500 and the Nasdaq to new

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.73%. June E-mini S&P futures (ESM26 ) rose +0.78%, and June E-mini Nasdaq futures...

The Dow rose with Cisco soaring on earnings, while fellow blue chip Nvidia could be a Trump-Xi summit winner.

The U.S. stock market rose to more records after Cisco Systems joined the parade of companies reporting fatter profits for the start of 2026 than analysts expected. The Nasdaq composite added 0.9% to its own record. Cisco led the way after talking up demand it’s seeing from AI and other customers, while oil prices held relatively steady.

European and US stock markets climbed Thursday with Wall Street indices notching fresh records as a tech-fueled rally rolled on while Chinese leader Xi Jinping welcomed US President Donald Trump in Beijing.Frankfurt won more than one percent and Paris gained 0.9 percent, lifted by tech stocks.

AI is rarely the sole reason companies cite when taking layoffs, with most still pointing to wider corporate restructuring or macroeconomic headwinds. On Wednesday, Cisco Systems announced plans to cut under 4,000 jobs, or about 5% of its workforce. The announcement arrived the same day the tech giant unveiled record revenue for its third fiscal quarter, amid soaring demand for its AI tools and infrastructure.

US stocks (^DJI, ^IXIC, ^GSPC) close Thursday's session higher after the Dow Jones Industrial Average crossed back above 50,000 points on the winds of the latest AI rally. Yahoo Finance Senior Markets Reporter Ines Ferré highlights the leaders and biggest gainers in the semiconductor trade.

US equity indexes ended higher on Thursday as technology stocks led major gains in the Nasdaq and th

The Dow has got it going. The blue-chip index rose 371 points or 0.8% and closed above 50,000 for the first time since Feb. 11. The S&P 500 rose 0.8%, while Nasdaq rose 0.9%, and both hit new closing highs.

US equity indexes rose ahead of Thursday's close, as strong gains in technology helped the S&P 500 a

Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR

Asia-Pacific markets fell as investors tracked the second day of high-stakes talks between Donald Trump and Xi Jinping.

The S&P 500 posted its first close above 7,500 on Thursday. The Dow Industrials recaptured the 50,000 level, aided by a surge in Cisco shares.

The AI buildout continues to benefit many companies, with these three posting record results while also delivering bullish guidance thanks to the favorable trends.

'Mad Money' host Jim Cramer looks at Cerebras' blockbuster IPO and discusses if investors are throwing discipline out the window.

Let's delve into the developments on the US markets one hour before the close of the markets on Thursday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.

Cisco (CSCO) overnight reported a year-over-year jump in fiscal Q3 earnings and revenue, topping mar

CNBC’s Jim Cramer said investors should be more selective when investing in the semiconductor rally.

US benchmark equity indexes were higher intraday amid a post-earnings rally in Cisco Systems (CSCO),