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The networking company sported AI momentum and delivered a rosy revenue outlook, but that wasn’t enough for Wall Street.
A day after Harley-Davidson reported weaker quarterly earnings, the famed motorcycle maker got a warning that its debt ratings may be cut to junk by spring.
Cisco reported revenue growth in the quarter of close to 10%, topping analysts' estimates.
Franklin Templeton Senior Investment Strategist Katrina Dudley discusses the latest jobs report, market broadening and the difficulty in spotting the AI losers versus winners. She speaks to Bloomberg's Matt Miller and Dani Burger on 'Open Interest.' (Source: Bloomberg)
Rufaro Chiriseri, UK and Europe Fixed Income Head for RBC Wealth Management, says bond markets will continue to trade in a range until there is better clarity from data. She speaks to Bloomberg's Lizzy Burden on 'Daybreak Europe.' (Source: Bloomberg)
Jennifer McKeown, Chief Global Economist at Capital Economics, looks ahead to the US jobs report and the outlook for rates with Bloomberg's Vonnie Quinn on 'Bloomberg Brief.' (Source: Bloomberg)