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There’s a version of Cisco (CSCO) that Wall Street wrote off years ago — a legacy networking giant stuck in the slow lane while flashier AI names grabbed all the attention. That story is getting harder to tell lately. The 41-year-old multinational technology conglomerate headquartered in California just reported record quarterly revenue of $15.8 billion, […]

Costco has never been afraid to wade into politics in the interest of its members. In January, for example, 98% of its shareholders voted in favor of what could be considered a hot-button political issue. “Costco shareholders voted down a shareholder proposal urging the wholesale club operator to evaluate any risks posed by its diversity,

On a day when the Dow Jones Industrial Average looked like it might make a run at a new all-time high, Boeing was a surprise laggard. Wall Street was expecting a huge order for new planes from the People’s Republic of China. Maybe as many as 500 planes, mostly 737 Max airliners. President Trump, however,

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Whether you like to road trip or jet off to a new international country every year, vacations, as fun as they can be, can also require quite a bit of prep

Nebius Group gave Wall Street the type of quarter that keeps the artificial intelligence infrastructure trade alive, even as investors become more selective about which companies can actually turn AI demand into revenue. The Amsterdam-based AI cloud company reported first-quarter revenue of $399 million, up 684% from $50.9 million in the same period last year.

DraftKings investors have been waiting for the company to prove that its online betting business can keep expanding while new growth bets start to take shape. In a Morgan Stanley note shared with TheStreet, analyst Stephen Grambling and his team lowered their DraftKings price target to $39 from $40, while maintaining an Overweight rating on

Shares of Qualcomm (QCOM) are pulling back this week after a massive post-earnings rally. The semiconductor rally slowed this week, with Qualcomm shares plunging more than 11% on May 12 and another 6% on May 14 amid broader risk-off sentiment sweeping through semiconductor stocks. This week’s selloff came after a hotter-than-expected inflation reading and rising

Steak prices are up — why, how long will it last, and can imports help? Economist Dr. David Anderson breaks down the April inflation spike, the drivers behind rising beef costs (smaller cattle herd, higher fuel and production expenses, seasonal demand), what the president’s executive order on tariff-rate quotas would actually do, and how quickly

Most Americans treat their 401(k) as a one-stop retirement plan, contribute what they can, and assume the job is done. That approach leaves thousands of dollars in potential tax savings unclaimed every year in accounts Congress designed specifically to complement employer-sponsored plans. The U.S. population is aging at an unprecedented pace. The share of Americans

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Every global conflict impacts the world economy in different ways. While attacks on the supply chain in the Red Sea can cause everyday retail products to rise in cost, a disruption