Check out the companies making headlines after hours. Cisco Systems — The maker of networking hardware such as switches and routers dropped about 7% after posting non-GAAP gross margin of 67.5%, a little below the 68.1% estimate, according to LSEG. Otherwise, Cisco posted second-quarter results that exceeded estimates on the top and bottom lines. The…
Nio cars are seen displayed at Nio House, at the Chinese electric vehicle (EV) maker’s manufacturing hub in Hefei, Anhui province, China April 2, 2025. Florence Lo | Reuters DETROIT — The largest U.S. auto dealer isn’t interested in selling vehicles from China-based brands domestically right now, its CEO said Wednesday. But it’s not necessarily…
Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images SpaceX CEO Elon Musk on Wednesday…
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images EssilorLuxottica‘s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results. The French-Italian eyewear brand…
Professor David Gelernter sits in his office at Yale University in New Haven, Conn., on Aug. 28, 1997. Brad Clift | Hartford Courant | AP Yale University said Wednesday that it has barred professor David Gelernter from teaching computer science classes, for now, as the university conducts a review of his contacts with Jeffrey Epstein,…
NEW YORK — Hernan Diaz’s first novel since his Pulitzer-Prize winning “Trust” is a futuristic thriller in which a young orphan survives by stealing electricity from the grid and selling it on the black market. Riverhead Books announced Wednesday that the 464-page “Ply” will be published Sept. 29. At least in one way, the book…
Daytona International Speedway was alive again on Wednesday as the NASCAR Cup Series officially opened the Daytona 500 with the first practice. 2022 race winner Austin Cindric led the 45-car field with a session-best lap of 48.025 seconds (187.402 mph) in his No. 2 Team Penske Ford. Ross Chastain and Corey LaJoie followed closely behind….
The 10-year Treasury yield moved higher in reaction to January job growth that was more than double what Wall Street economists had expected. The benchmark yield was up more than 3 basis points at 4.176%, while the 2-year Treasury note yield surged 6 basis points to 3.514%, reflecting reduced expectations for Federal Reserve interest rate reductions the rest…
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, Jan. 13, 2026. Cfoto | Future Publishing | Getty Images The U.S. government in January ran up a smaller deficit than a year ago, while tariff collections surged and provided a reminder of how pivotal a long-awaited…
Maziar Mike Doustdar, CEO of Novo Nordisk, speaks in the Oval Office during an event about weight-loss drugs at the White House in Washington, DC on November 6, 2025. Andrew Caballero-Reynolds | Afp | Getty Images Novo Nordisk entered 2026 with the momentum of a historic year in more ways than one – but recent…
