Cisco's AI forecast raise is about 60% of its $2.5B guidance raise; guide implies about $19.3B a quarter in the second half

Quote post: @CNBCFastMoney on Cerebras shares jumping after its Q3 beat and raised guide

Cerebras guided Q4 revenue to $320M at the midpoint, about 39% above Q3. Its $26.1B backlog is about 27…

Applied Materials' Q4 was 30% of fiscal 2026 revenue; Q1 guide annualizes 29% above the year and Q4 buybacks were 63% of the annual total

Applied Materials ($AMAT) reported fiscal Q4 after the close today: record revenue of $10.41 billion, up 53%. Q4 alone was 30% of the…

End-of-day recap

Nvidia shares slid after Jensen Huang resigned, lifting chip rivals, while hot inflation and higher Treasury yields weighed on stocks.

Nvidia's board accepted CEO Jensen Huang's resignation on November 12, 2026, after a second extramarital-affair scandal, triggering a chip-sector reshuffle as a hot October CPI report pushed Treasury yields above 5%. The S&P 500 fell 0.36% to 7,592.06, the Nasdaq 0.39% to 25,366.09, and the Dow 0.36% to 52,297.09. The Russell 2000 dropped 1.66% and the VIX jumped 6.92% to…

Apple vs. Exxon — The Energy-to-Tech Crossover

In 1999, Exxon Mobil was worth $280 billion and Apple was worth $17 billion, Exxon the larger company by a factor of 17.

In 1999, Exxon Mobil was worth $280 billion and Apple was worth $17 billion, Exxon the larger company by a factor of 17. Oil was the resource the market organized itself around, and the company that controlled the most of it was, by definition, the…