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Cisco's fourth-quarter sales forecast topped estimates and the company announced plans to cut thousands of jobs. Lindsey Bell of 248 Ventures reacts to the report on "Bloomberg The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

"Risk is on and at higher levels," Bob Sloan, managing partner at S3 Partners, says when discusses short covering in US stocks on "Bloomberg The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Kim Forrest, Bokeh Capital Partners chief investment officer, says Tuesday's selloff is just a pause in momentum for skyrocketing chip stocks, not a shock from a hotter-than-estimated inflation report. She speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Tech."

JPMorgan Chase Chair and CEO Jamie Dimon says he is still worried about inflation risk during an interview with Bloomberg's Francine Lacqua on "Bloomberg Open Interest."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

US citizens who were on the Hondius cruise ship hit by a hantavirus outbreak are now being isolated in Nebraska. One person is in a specialized biocontainment unit after testing positive for the rare respiratory disease. Shares of Moderna are rising after the company said it's working on a vaccine. Sam Fazeli of Bloomberg Intelligence has more.

Grace Peters, global investment strategy co-head at JPMorgan Private Bank, discusses artificial intelligence investment, inflation risks and portfolio diversification. "We want to be in there for the equity bull market that we still see ahead, but we do think that there's still portfolio resilience that needed to be added to capitalize on some of these trends," Peters tells Bloomberg Television.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Isabelle Lee, Carol Massar and Tim Stenovec.