(Bloomberg) Nvidia Corp. surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.Most Read from BloombergNvidia Surges After AI Boom Shows No Signs of Letting UpTech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapYour 401(k) Will Be Gone Within a DecadeBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Op
(Bloomberg) Cisco Systems Inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’A