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Cisco Lays Off 4,000 Employees In AI Overhaul, CFO Mark Patterson Says Move Not ‘Savings’ Driven But About ‘Realigning’ Resources

Cisco Lays Off 4,000 Employees In AI Overhaul, CFO Mark Patterson Says Move Not ‘Savings’ Driven But About ‘Realigning’ Resources

by Ananya Gairola | May 14, 2026 | General

Cisco Systems (NASDAQ:CSCO) is cutting nearly 4,000 jobs as part of a sweeping restructuring effort designed to accelerate its push into artificial intelligence, security, silicon and networking infrastructure. Cisco Restructuring Focuses On AI, Security And Silicon...
STAK Inc (STAK) Stock Plunges Nearly 39% After Hours Despite Revenue Growth: Here’s Why

STAK Inc (STAK) Stock Plunges Nearly 39% After Hours Despite Revenue Growth: Here’s Why

by Tanya Rawat | May 14, 2026 | General

Stak Inc. (NASDAQ: STAK)  shares fell sharply in after-hours trading on Wednesday after the company reported fiscal first-half 2026 financial results that showed slowing profitability despite higher revenue growth. STAK develops and manufactures specialized production...
Nvidia Overtakes Silver To Become World’s Second-Largest Asset At $5.52 Trillion, Market Commentator Calls It ‘Historic Technological Revolution’

Nvidia Overtakes Silver To Become World’s Second-Largest Asset At $5.52 Trillion, Market Commentator Calls It ‘Historic Technological Revolution’

by Sweta Killa | May 14, 2026 | General

Nvidia Corp (NASDAQ:NVDA) has become the world’s second-largest asset by market value after its market cap soared to above $5.5 trillion ahead of next week’s highly awaited earnings report. Nvidia Outstrips Silver According to an X post by The Kobeissi...

Gavin Newsom Unveils $1 Billion EV Incentive Program That Could Benefit Elon Musk’s Tesla Semi

by Badar Shaikh | May 14, 2026 | General

Governor Gavin Newsom (D-CA) on Wednesday unveiled a new EV rebate program in the state that could provide a major boost to Tesla Inc.‘s (NASDAQ:TSLA) Semi truck sales. $1 Billion EV Rebate Newsom took to X to share the news, saying that the rebate program would take...
Precision Optics Corporation (POCI) Stock Surges Over 23% Overnight: Why Is It Moving?

Precision Optics Corporation (POCI) Stock Surges Over 23% Overnight: Why Is It Moving?

by Mohd Haider | May 14, 2026 | General

Precision Optics Corporation Inc. (NASDAQ:POCI) shares jumped 23.69% to $5.69 in after-hours trading on Wednesday after posting third-quarter revenue of $8.7 million, more than double the $4.2 million reported in the same period a year ago. Record Revenue Precision’s...
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