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Jim Cramer says Cisco's post-earnings plunge is a buying opportunity. Here's why CNBCCisco Earnings: AI Momentum Accelerates, and Campus Demand Stays Strong MorningstarCisco's stock falls on margin concerns. Here's what Wall Street analysts are saying. MarketWatchSmart Money Sells #1 Dow Stock; Hidden Inflation In PPI; Applied Materials Earnings To Tell A Key AI Stor Benzinga
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Wholesale prices were flat in July and inflation pressures in the guts of the economy also eased, adding to recent evidence of a slowdown in the rising cost of living.
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Asian stocks head for strong weekly gains as US rate hike bets fade ReutersAsian stocks rise as US inflation data dents September Fed hike bets By Reuters Investing.comShares are mixed in Europe and Asia ahead of US inflation report, while oil prices gain WHO13.com
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The Federal Reserve left its benchmark interest rate unchanged Wednesday. Fed policymakers say they remain committed to curbing stubborn inflation.
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