Core Insights - Cisco Systems' shares experienced a significant increase following the company's upward revision of its annual profit and revenue forecasts, driven by a surge in demand for networking equipment related to artificial intelligence [1] Company Summary - Cisco Systems has raised its annual profit outlook, indicating strong performance and positive market conditions [1] - The company also increased its revenue forecast, reflecting robust demand for its products [1] Industry Summary - The demand for networking gear, particularly in the context of artificial intelligence, is contributing to the growth of companies like Cisco Systems [1]

Core Insights - Alibaba Group is repositioning its mobile artificial intelligence strategy with a significant rebranding of its core AI app [1] - The existing Tongyi platform will be relaunched as Qwen, named after the company's proprietary large language model [1] - The redesign aims to support advanced agentic capabilities [1]

Core Insights - Tencent reported third-quarter revenue of ¥192.9 billion ($27.08 billion), exceeding expectations due to strong performance in artificial intelligence and gaming [1] - The company's revenue increased by 15% year-on-year, surpassing analyst forecasts, indicating effective monetization of AI and sustained leadership in the gaming sector [1] Financial Performance - Revenue for the third quarter reached ¥192.9 billion ($27.08 billion) [1] - Year-on-year revenue growth was recorded at 15%, indicating robust financial health [1]

Group 1 - Rolls-Royce share price experienced a pullback on Thursday despite the publication of an encouraging trading statement that highlighted strong results [1] - The stock was trading at 1,140p, reflecting a decrease from the year-to-date performance [1]

Core Viewpoint - Burberry's share price remained stable on November 13, following the release of positive financial results that indicate the company's turnaround efforts are beginning to yield results [1] Financial Performance - Burberry's share price increased to 1,253p, reflecting investor confidence in the company's recovery strategy [1]

Core Viewpoint - Gold prices have been increasing since the beginning of the week, with analysts suggesting that the upward trend may continue [1] Group 1 - Gold prices on COMEX have risen for five consecutive sessions [1]

The world's two largest economies dominated headlines overnight on Wednesday, as Washington officially ended its record-breaking 43-day government shutdown and Beijing intensified tax scrutiny on cross-border e-commerce. ...

The Dow Jones Industrial Average rose to fresh heights on Wednesday, extending its winning streak as optimism built around a potential resolution to the record-breaking US government shutdown. The 30-stock index added 349 points, or 0.73%, hitting a new intraday high during the session. ...

Stablecoin issuer Circle has disclosed plans for a native token on its Arc testnet, signalling a new phase in the company's ambitions beyond its flagship USDC stablecoin. Notably, the move comes amid ... ...

Core Viewpoint - Cisco Systems is expected to report its fiscal first-quarter earnings, with a focus on whether the company will continue to benefit from increasing demand in the networking sector [1] Group 1 - Cisco Systems is set to release its earnings report after the market closes on Wednesday [1] - Investors are closely monitoring the company's performance in light of surging demand for networking solutions [1]