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Jul 21, 2026 / Tyler Durden
Meanwhile, In Dearborn, Michigan...
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May 14, 2026 / Tyler Durden
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts Cisco Systems shares posted their biggest gain since the Dot-Com boom-and-bust era after the networking giant delivered third-quarter results that beat analysts' estimates. The company also announced a workforce restructuring, aligning with a broader hyperscaler playbook that cuts labor costs and redirects capital toward AI infrastructure and data-center buildouts. Cisco raised its fiscal 2026 outlook, guiding for $62.8 billion to $63 billion in revenue and $4.27 to $4.29 in adjusted EPS, while also issuing a stronger-than-expected fourth-quarter sales forecast. The catalyst...
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Jul 9, 2026 / Tyler Durden
Trump Admin Targets Medicare Fraud After 7,100% Surge In Transplant Claims
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