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Source: The Motley Fool News Agency
1 month ago
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Cisco Raised Its AI Order Target to $9 Billion. Here's What Investors Need to Know.

Cisco Raised Its AI Order Target to $9 Billion. Here's What Investors Need to Know.

Cisco expects about $9 billion of AI infrastructure orders from hyperscalers in fiscal 2026, up from its earlier $5 billion forecast. The company expects to recognize about $4 billion of AI infrastructure revenue from hyperscalers in fiscal 2026, against total guided revenue of $62.8 billion to $63.0 billion.

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TGT TGT
Source: The Motley Fool
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Source: CNBC News Agency
1 month ago
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SK Hynix to invest $38 billion building new memory chip plants as demand soars

SK Hynix to invest $38 billion building new memory chip plants as demand soars

SK Hynix on Friday said it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants. Memory prices have surged because of short supply and huge demand with investors watching closely for any changes to the supply-demand imbalance.

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SKHY SKHY
Source: CNBC
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Source: MarketBeat News Agency
1 month ago
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Progyny Q2 Earnings Call Highlights

Progyny Q2 Earnings Call Highlights

Progyny NASDAQ: PGNY reported record quarterly revenue, gross profit and adjusted EBITDA for the second quarter of 2026, while management said early sales commitments and client-retention activity have positioned the company favorably for the 2027 selling season.

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PGNY PGNY
Source: MarketBeat
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Source: MarketBeat News Agency
1 month ago
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Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Q2 Earnings Call Highlights

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Q2 Earnings Call Highlights

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München ETR: MUV2 said it remained on track to meet its 2026 profit target after reporting a net result of €3.9 billion for the first half, more than 60% of its full-year guidance of €6.3 billion.

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MURGF MURGF
Source: MarketBeat
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