• Cisco shares plunge 4% after a report says Amazon could go after Cisco's core networking business

    7 days ago - By Chron

    Mike Blake/Reuters
    Cisco shares dropped on Friday after tech news outlet The Information reported that Amazon is considering making it's own networking hardware.
    The move would directly go after Cisco's core networking business.
    Networking companies Arista Networks and Juniper Networks also saw their shares drop in response to the report.
    Cisco shares plunged more than 4% on Friday after the Information reported that Amazon Web Services may be going after the company's core business.
    According to The Information, Amazon is considering building its own data center network switches - devices...
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  • Oil falls after report says Trump is considering tapping the emergency oil reserve

    Oil falls after report says Trump is considering tapping the emergency oil reserve

    7 days ago - By Business Insider

    Oil prices were mixed Friday afternoon.
    The Trump administration could tap the Strategic Petroleum Reserve, according to a report.
    Watch oil trade in real time here.
    Oil prices bounced around Friday afternoon following reports that the Trump administration could tap an emergency oil reserve ahead of the midterm election.
    West Texas Intermediate fell 0.5% to $70 a barrel at 3:25 p.m. ET. Crude, the international benchmark, rose 0.75% to $75.09.
    The Trump administration is "actively considering" a release from the Strategic Petroleum Reserve, the world's largest oil stockpile, sources told...
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