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12/02/2026
US Treasury Secretary Besant: Mortgage rates and 10-year Treasury yields have both declined.
Latest
2 m ago
Apple's plan to release a new version of Siri is facing obstacles, with several highly anticipated features being delayed.
3 m ago
Cisco: Net profit of $3.2 billion in the second quarter.
3 m ago
Investors were evaluating the vulnerability of real estate service companies to the latest batch of artificial intelligence applications and tools, causing stocks to plummet on Wednesday. These AI tools are threatening the existing landscape of multiple industries. CBRE Group, Jones Lang LaSalle, and Cushman all saw significant declines. For these three companies, this drop marked the largest single-day decline since March 2020. Analyst Jade Rahmani wrote, "We believe investors are exiting high-fee, labor-intensive business models as these models are seen as highly vulnerable in the AI-driven transformation." In just over a week, investors have been selling stocks of software, private credit, financial services, and insurance brokerage companies. Rahmani referred to this as "AI panic trading" and the real estate services sector is the latest group to be caught up in it.
3 m ago
Cisco's stock price rose by 1.5% in after-hours trading.
4 m ago
Cisco: Expects adjusted earnings per share for the current fiscal year to be between $4.13 and $4.17, up from the previous forecast of $4.08 to $4.14.
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