Cisco Systems Inc
Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos
Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing […]
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Dow jumps 500 points, Nasdaq adds 2% as comeback rally gains steam: Live updates
Small cap stocks outperform large and mid-cap stock indexes Thursday With investors reassured by stronger-than-expected July retail sales about the state of the U.S. economy, small cap stocks are outperforming mid- and large cap stocks at midday Thursday. The Russell 2000 small cap index was recently ahead almost 2.8% against gains of about 2.1% in […]
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Stocks making the biggest moves midday: Walmart, Nike, Dell, Tapestry and more
Check out the companies making headlines in midday trading. Walmart — Shares of the discount retailer jumped 7% on strong earnings. Walmart topped Wall Street’s quarterly estimates and lifted its full-year outlook as consumers show ongoing resilience. For the year, the company expects sales to rise between 3.75% and 4.75%, and adjusted earnings to come […]
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Cisco shares head for best day since 2020 on earnings beat, plans to cut 7% of workforce
Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares jumped about 8% on Thursday and headed for their best day since March 2020, after the computer networking company said it’s cutting 7% of […]
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Stocks making the biggest moves premarket: Ulta Beauty, Walmart, Cisco Systems and more
Check out the companies making headlines before the bell. Ulta Beauty — Shares of the beauty retailer popped a whopping 13% in premarket trading after a regulatory filing revealed that Warren Buffett’s Berkshire Hathaway took a stake worth $266 million in the second quarter. The bet is relatively minor for Berkshire, whose equity portfolio is […]
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Stocks making the biggest moves after hours: Cisco, Ulta, Nike and more
Check out the companies making headlines in after-hours trading. Cisco Systems — The stock jumped 6% after the networking company reported an earnings and revenue beat for its fiscal fourth quarter, and also issued an optimistic forecast. Cisco posted adjusted earnings of 87 cents per share on revenue of $13.64 billion, while analysts polled by […]
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Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares popped in extended trading on Wednesday after the networking company said it’s cutting 7% of its global workforce and reported quarterly results that topped analysts’ estimates. Here are the […]
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Cisco is ‘very optimistic’ about its expanding business with China EVs
Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head told CNBC on Tuesday. The EV segment is the U.S. tech giant’s second-largest for the region […]
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Top Wall Street analysts suggest these 3 dividend stocks for enhanced returns
Dividend-paying stocks can give investors an opportunity to cushion their portfolios from market volatility — and they can also enhance returns. Selecting the right dividend stocks is no easy feat for investors. Wall Street’s best analysts have insight into companies’ ability to provide attractive dividend yield and upside for the long term. Here are three […]
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