Information on Zhipu’s AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7, 2026. Raul Ariano | Bloomberg | Getty Images Chinese artificial intelligence stocks rallied Thursday as several companies unveiled upgraded models and top policymakers renewed calls for a broader adoption of the technology. Hong Kong-listed Zhipu AI —…
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. Guidance for the current quarter also disappointed Wall Street. Otherwise, Cisco posted second-quarter results that…
McDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as its value push wins back customers. “By listening to customers and taking action, we have improved traffic and strengthened our value & affordability scores,” CEO Chris Kempczinski said in a statement. Here’s what the company reported compared with what Wall Street was…
The restaurant sector has spent the past 18 months trying to figure out how to reach consumers in a hypercompetitive and uneven economy. McDonald’s has doubled down on value messaging to customers via Extra Value Meals and Snack Wraps, which boosted its sales in the fourth quarter. On Wednesday the company reported better-than-expected sales and…
Bitcoin’s short-lived bounce faded on Thursday as the volatility in the world’s largest cryptocurrency continued. Bitcoin was trading at around $66,737 at 5:46 a.m. ET on Thursday. The digital coin has been on a downward trajectory since hitting an all-time high above $126,000 in October with the sell-off intensifying over the last month. Bitcoin dropped…
2026 Ford Mustang Dark Horse SC on display during the Media Preview of the 2026 Chicago Auto Show at McCormick Place on February 6, 2026, in Chicago, Illinois. Jacek Boczarski | Anadolu | Getty Images DETROIT – Ford Motor reported its largest quarterly earnings miss in four years in its fourth-quarter results released Tuesday, while…
A trader works as the Dow Jones Industrial Average surpasses the 50,000 mark on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 6, 2026. Brendan McDermid | Reuters The Dow Jones Industrial Average continued its winning streak on Tuesday as investors moved into software stocks and more value-oriented…
Traders work on the floor of the New York Stock Exchange (NYSE) on February 09, 2026 in New York City. Spencer Platt | Getty Images The 10-year Treasury yield inched lower on Tuesday as investors awaited retail sales data for December amid a flurry of economic data this week. The benchmark yield was over 1 basis point…
Jennifer Garner, co-founder of Once Upon a Farm, center, and Cassandra Curtis, co-founder of of Once Upon a Farm, center right, during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 6, 2026. Michael Nagle | Bloomberg | Getty Images Once…
Shares of Bob’s Discount Furniture barely budged on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected range of $17 to $19 per share and valued the company at about $2.22 billion. The stock, trading on the NYSE under…