Youtube
· Bloomberg Podcasts
· finance
Bloomberg Podcasts · Nvidia and Cisco Climb; Wolfspeed Jumps | Stock Movers
- 1. US approved Chinese companies to purchase Nvidia's H200 chips, its second most powerful.
- 2. Cisco Systems reported strong Q3 results, beating estimates and raising its full-year forecast.
- 3. Cisco plans to cut under 4,000 jobs, incurring $1 billion in restructuring charges.
- 4. Wolfspeed's stock surged over 80% this month; an analyst called its post-bankruptcy setup "perfect."
- 5. Doximity shares fell 21% after forecasting 2027 adjusted EBITDA significantly below estimates.