Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI.
Read More Exclusive: Cisco to lay off thousands more in second job cut this year, sources say
Companies across several industries were hit on Friday by a global tech outage tied to Microsoft’s Azure cloud platform and a software issue.
Read More What is CrowdStrike, the cybersecurity firm behind a global tech outage?
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.
Read More Echoes of dotcom bubble haunt AI-driven US stock market
Microsoft plans to announce several pieces of hardware and software related to consumer devices.
Read More Microsoft to unveil AI devices and features ahead of developer conference
The Dow Jones Industrial Average hit the 40,000 point threshold for the first time ever on Thursday as investors on Wall Street were feeling timid over the idea of interest rate cuts.
Read More Dow Eclipses 40,000 For First Time Ever In The Stock Market