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Cisco's Q1 revenue grew 8% year-on-year, AI infrastructure orders saw significant growth, annual performance outlook was raised, and shares rose over 7% after hours | Earnings Report News

Cisco's Q1 revenue grew 8% year-on-year, AI infrastructure orders saw significant growth, annual performance outlook was raised, and shares rose over 7% after hours | Earnings Report News

Cisco releases impressive financial results, AI narrative accelerates, stock surges over 7% after hours. On November 12, Cisco released its financial report after the US market closed. First fiscal quarter revenue was $14.88 billion, up 8% year-on-year, and non-GAAP earnings per share were $1.00, up 10%, both exceeding

Set for January 21! The U.S. Supreme Court will hear arguments in the case of Federal Reserve Governor Cook.

Set for January 21! The U.S. Supreme Court will hear arguments in the case of Federal Reserve Governor Cook.

``` U.S. President Donald Trump's legal battle to remove Federal Reserve Board member Lisa Cook is about to enter a critical stage. According to the latest schedule, the U.S. Supreme Court will hold oral arguments on January 21 in the case concerning President Trump’s dismissal of

White House: US October CPI and employment data may never be released.

White House: US October CPI and employment data may never be released.

White House Press Secretary Karoline Leavitt said Wednesday that due to the US government shutdown, October’s jobs report and Consumer Price Index (CPI) report may not be released. Leavitt said at a press briefing: “Democrats may have permanently damaged the federal statistical system, because the CPI and jobs report

U.S. subprime auto loan delinquency rate hits record high, as high car prices and high interest rates increase the burden.

U.S. subprime auto loan delinquency rate hits record high, as high car prices and high interest rates increase the burden.

The delinquency rate for auto loans among US subprime borrowers has risen to a historical high, aggravating the financial pressures faced by low-income groups. According to Fitch Ratings data, as of October, the proportion of "subprime borrowers" who were more than 60 days overdue in the US increased

“Fed’s No. 3”: The Federal Reserve may soon restart bond purchases to manage liquidity.

“Fed’s No. 3”: The Federal Reserve may soon restart bond purchases to manage liquidity.

“Fed’s No. 3,” New York Fed President John Williams, believes the Fed may soon need to restart bond purchases as a technical measure to maintain control over short-term interest rates. Williams emphasized that such purchases will have no impact on monetary policy. On Wednesday, Eastern Time, Williams said at

Besant reiterated the "gradual" adjustment of U.S. debt issuance, emphasizing market stability as the top priority.

Besant reiterated the "gradual" adjustment of U.S. debt issuance, emphasizing market stability as the top priority.

U.S. Treasury Secretary Bessent stated that the Treasury is prepared to adjust the types of government debt issuances according to changes in investor demand, but any changes will be gradual to avoid disrupting the market. On Wednesday, at a New York Fed conference, Bessent emphasized that the U.S.

U.S. investment-grade bond issuance hits highest level since 2020, global bond market sees a record-breaking year

U.S. investment-grade bond issuance hits highest level since 2020, global bond market sees a record-breaking year

``` The annual issuance of US investment-grade corporate bonds has reached $1.499 trillion, the second highest level in history, as companies take advantage of lower borrowing costs for debt refinancing, acquisition financing, and AI project investments. According to Bloomberg compiled data, after four deals completed on Tuesday, the issuance of