Cybersecurity stock selling deepens on AI threat concerns. Why we’re not bailing

Cybersecurity stock selling deepens on AI threat concerns. Why we’re not bailing

Investors are running for the exits on cybersecurity stocks as persistent artificial intelligence disruption fears overpower the industry’s strong fundamentals. We are not among them. The steep sell-off began Friday and extended into Monday’s session following Anthropic’s announcement of Claude Code, an AI-powered assistant designed to scan code bases for security vulnerabilities and suggest targeted…

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China exports growth in August hits a 6-month low, missing expectations

China exports growth in August hits a 6-month low, missing expectations

A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao Port, Shandong Province, China on June 9, 2025. Cfoto | Future Publishing | Getty Images China’s exports growth missed expectations in August as businesses’ front-loading activity aimed at avoiding higher U.S. tariffs lost momentum, while imports also grew less than…

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Giorgio Armani misses Milan Fashion Week for the first time in 50 years, but his designs shine

Giorgio Armani misses Milan Fashion Week for the first time in 50 years, but his designs shine

MILAN — Giorgio Armani’s menswear collection for the next warm weather season encoded the geography of summer in textures, geometrical designs and his signature relaxed silhouettes. The 90-year-old designer skipped the runway preview show closing Milan Fashion Week on Monday to recover from an undisclosed condition, but his fashion house said he kept a hand…

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Microsoft’s quarter shows once again that it must get its growth to spending ratio right

Microsoft’s quarter shows once again that it must get its growth to spending ratio right

Microsoft topped revenue and earnings estimates in its fiscal 2026 second quarter. But shares slid Wednesday evening as Azure failed to deliver meaningful growth upside. In-line guidance did little to change that narrative, which has been hurting the stock. Revenue increased about 16% year over year to $81.28 billion, beating the Street consensus estimate of…

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The Fed’s interest rate cut doesn’t upended broad market themes, Jim Cramer says

The Fed’s interest rate cut doesn’t upended broad market themes, Jim Cramer says

CNBC’s Jim Cramer warned investors not to make major market moves based solely on the Fed’s interest rate decisions, suggesting major market themes have not really changed in the wake of the central bank’s Wednesday meeting. “While we could’ve gotten more dovish languish from Powell, of course…No big themes were upended. No longer-term gains were…

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