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Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026.Alex Wong | Getty ImagesCisco shares soared 14% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street’s projections.The company said it’s cutting its workforce this quarter by fewer than 4,000 jobs, representing less than 5% of total employees.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $1.06 adjusted vs. $1.04 expectedRevenue: $15.84 billion vs. $15.56 billion expectedRevenue increased 12% in the quarter ended April 25, from $14.15 billion a year earlier, Cisco said…
Why is Constellation Energy stock sliding today? Source link
Precisely which features make for the best barbell is still a puzzle. Olympic barbells have the same weight, diameter, and length, but other aspects can differ from brand to brand, such as the materials used. Most are made of some sort of steel, with stainless and chrome-coated being the most common, and the respective mechanical properties can make a small difference to a given bar’s whip, according to Langlois. Specifically, the stiffness of the bar (the Young’s modulus) can vary quite a bit. “We don’t have a good feel for this because no barbell manufacturers will tell you exactly how…
Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. Tom Williams | Cq-roll Call, Inc. | Getty ImagesIt has taken eight and a half years, but on Wednesday President Donald Trump finally succeeded in reversing one of the few mistakes he has admitted to making as president. In November 2017, Trump chose Jerome Powell to chair the Federal Reserve, opting for someone he saw as malleable over a charismatic but youthful former Fed governor, Kevin Warsh. Trump has…
A customer shops for beer in a supermarket in New York on Jan. 22, 2026.Charly Triballeau | AFP | Getty ImagesU.S. beer sales have dropped more sharply than expected, as new scanner data points to weakness in the category. The slowdown is also raising concerns on Wall Street that higher gasoline prices may be pressuring discretionary spending, especially in convenience retail. Beer, full malt beverages (FMB) and cider volumes fell 6.3% year over year through the week ending May 2, both on a two- and four-week trailing basis, according to Nielsen-tracked data. That’s worse than the trends seen between November…
Netflix locks in four-year NFL deal, expands ad tier globally Source link
The centerpiece of this mission will test the ability of the Artemis III astronauts—who have not yet been named, but could be within the coming months—to fly Orion to one or both of the lunar landers and then dock with the lander. NASA did something similar during the Apollo program, with the Apollo 9 mission in March 1969. During that mission, two Apollo 9 astronauts entered the Lunar Module and separated from the Apollo Command Module. They performed a number of tasks, including flying up to 9.9 miles below, and 74 miles behind, the Apollo spacecraft before returning and docking…
There is a big moment coming in the next 24 hours, for Sir Keir Starmer and for would-be challengers to the prime minister. Source link
As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit businesses and individuals.Seksan Mongkhonkhamsao | Moment | Getty ImagesPalo Alto Networks tech chief Lee Klarich said companies are losing time to step up software defenses as hackers increasingly exploit vulnerabilities with the help of artificial intelligence models. “We now estimate a narrow three-to-five-month window for organizations to outpace the adversary before AI-driven exploits start to become the new norm,” he wrote in a blog post on Wednesday. “This impending vulnerability deluge demands urgency.”The rise of increasingly…
Easing medical costs a positive for health insurers, but real test lies ahead, analysts say Source link