Core Insights - Stocks from the so-called old economy are currently experiencing a favorable period after years of lagging behind their rivals in the information-technology sector [1] Group 1 - The old economy stocks are enjoying a moment of bliss, indicating a shift in market dynamics [1]

Core Insights - The article highlights the strong demand for Cisco's AI networking equipment, which has contributed to positive financial results and optimistic future guidance for the company [1] - A significant refresh in Cisco's legacy business, estimated to be worth multiple billions of dollars, has also played a crucial role in driving these results [1] Summary by Categories Company Performance - Cisco reported upbeat results driven by surging demand for its AI networking products [1] - The company is experiencing a multi-billion-dollar refresh in its legacy business, which is expected to further enhance its financial performance [1] Industry Trends - The increasing demand for AI networking solutions indicates a broader trend in the technology sector towards integrating artificial intelligence into networking infrastructure [1] - The legacy business refresh suggests that companies in the industry are focusing on modernizing their offerings to remain competitive in a rapidly evolving market [1]

Core Insights - The robotaxi startup will be the first in the U.S. to provide trips on freeways without a safety monitor [1] Company Overview - The startup is pioneering the use of autonomous vehicles for freeway travel, indicating a significant advancement in the robotaxi industry [1] Industry Implications - This development may set a precedent for regulatory changes and influence competition within the autonomous vehicle sector [1]

Delta Chief Executive Ed Bastian didn't mince words in describing how airlines became a bargaining chip during shutdown negotiations. ...

Core Viewpoint - AT&T is identified as the only wireless player with a clear strategic direction according to KeyBanc [1] Group 1 - KeyBanc highlights AT&T's unique position in the wireless industry, suggesting it has a well-defined strategy compared to its competitors [1]

Core Insights - Ford is committed to advancing its electric vehicle (EV) strategy despite incurring significant losses, amounting to billions of dollars annually on EVs, indicating a long-term vision for the market [1] Group 1: Financial Performance - The company has been losing billions on its EV initiatives each year, highlighting the financial challenges faced in the transition to electric mobility [1] Group 2: Strategic Direction - Ford aims to leverage new insights into consumer preferences and the competitive landscape to enhance its EV offerings and market position [1]

Core Insights - Netflix shares have experienced volatility since reaching an all-time high four and a half months ago [1] Company Summary - The stock has faced challenges in the period following its peak [1]

Core Insights - Amazon's deployment of a million robots is projected to eliminate the need for 160,000 new jobs in the retail sector, indicating a significant shift towards automation in the industry [1] - Other major retailers, including Walmart and Target, are also recognizing the implications of automation on their workforce needs, suggesting a broader trend across the retail landscape [1] Industry Impact - The introduction of robotics in retail operations is expected to streamline processes and reduce labor costs, which may lead to a reevaluation of hiring practices across the sector [1] - As automation becomes more prevalent, traditional job roles in retail may diminish, prompting a need for workforce retraining and adaptation to new technologies [1]

Institutional investors bought the dip in stocks last week, BofA Global Research data show. ...

Raphael Bostic, a housing expert who has served as president of the Atlanta Federal Reserve Bank for eight years, on Wednesday announced his decision to retire early next year. ...