Cisco Systems Raises Revenue Forecast as Profit and Sales Beat Estimates 
 

CEO Chuck Robbins said the company is positioned to capitalize on demand for artificial intelligence.

 
Musk's X Agrees to Pay About $10 Million to Settle Trump Lawsuit 
 

The platform becomes the second social-media company to settle with Trump after Jan. 6, 2021, riot triggered bans.

 
BuzzFeed to Cut About 5% of Workforce 
 

BuzzFeed expects to reduce about 5% of its workforce, seeking to streamline its HuffPost news operations.

 
Robinhood Stock Jumps as Earnings Blow Past Forecasts 
 

Robinhood benefited from a surge in investor activity as customers piled into stocks and cryptocurrencies.

 
Reddit turns second quarterly profit since IPO but shares slide on user-growth miss 
 

Reddit Inc. turned its second quarterly profit since becoming a public company, but shares fell after daily active unique users - which topped 100 million for the first time - fell short of expectations.

 
Applovin Revenue Surges on Advertising Business 
 

The company, which owns "Matchington Mansion" and "Game of War," said it's looking to close the sale of its mobile gaming division in the second quarter.

 
Kroger Names PepsiCo Veteran as Chief Financial Officer 
 

David Kennerley, CFO of PepsiCo Europe, will become the supermarket operator's finance chief in early April.

 
FCC set to investigate media giant Comcast over diversity commitments and says it could shut down DEI programs elsewhere 
 

Comcast says it 'will be cooperating with the FCC to answer their questions'

 
Treasury Wine Fails to Find Buyers for Its Budget Brands 
 

Treasury Wine Estates admitted defeat in its effort to divest brands including Wolf Blass and Blossom Hill, moderating its annual earnings guidance amid weaker sales of its cheaper products.

 
Chevron to Lay Off Up to 20% of Workers. Why the Oil Industry Is Slimming Down. 
 

The company's move is "positioning us to accelerate" cash-generation, its vice chairman tells Barron's.

(END) Dow Jones Newswires

February 12, 2025 21:00 ET (02:00 GMT)

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