Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street.
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Technology
Cisco’s stock drops 7% on mediocre forecast even as earnings and revenue top estimates
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did […]
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Technology
Instagram chief likens social media addiction to being hooked on a Netflix show in trial testimony
Instagram CEO Adam Mosseri testifies at a U.S. Senate hearing in Washington, D.C., on Dec. 8, 2021. Brendan Smialowski | AFP | Getty Images Instagram chief Adam Mosseri said Wednesday during testimony in a high-profile social media trial that he thinks there can be problematic usage of social media, but does not think it constitutes […]
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Technology
Ray-Ban maker EssilorLuxottica says it more than tripled Meta AI glasses sales in 2025
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images EssilorLuxottica‘s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results. The French-Italian eyewear brand […]
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