Chuck Robbins, CEO of Cisco Ashlee Espinal | CNBC Check out the companies making headlines after the bell: Cisco fell nearly 8% in after-hours trading after announcing better-than-expected fourth-quarter earnings and weaker-than-expected guidance. The enterprise technology company reported adjusted fourth-quarter earnings per share of 83 cents on revenue of $13.43 billion. Analysts had expected adjusted
Finance
The dreaded inverted yield-curve has arrived. It’s a key data point for investors who fear it means trouble ahead for the economy — and a possible end to this historic rally in the stock market. But if history is any indication, rate-obsessed stock investors might be in better shape than they think, and some analysts
Boxes sealed with Prime Day tape move along a conveyor ahead of shipping from an Amazon.com Inc. fulfilment center during the online retailer’s Prime Day sales promotion day in Koblenz, Germany, on Monday, July 15, 2019. Krisztian Bocsi | Bloomberg | Getty Images Amazon’s Prime Day and promotions by other retailers appear to have given
Julie Wainwright (C), CEO of The RealReal takes part in the company’s IPO at the Nasdaq MarketSite in New York, June 28, 2019. Lucas Jackson | Reuters Check out the companies making headlines after the bell: Shares of RealReal surged 12.7% in after-hours trading after announcing a smaller-than-expected second quarter loss as revenue surged. The
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Wall Street banks may be catching a break as regulators rework a rule that restricts their ability to invest their own money, Bloomberg reported on Tuesday. Regulators are trying to make it easier for banks