Cisco Systems is a multinational technology company that specializes in networking hardware, telecommunications equipment, and high-technology services and products. It is renowned for its role in enabling the Internet and providing solutions for digital communication, including routers, switches, and cybersecurity systems. Cisco also offers software and hardware solutions for cloud computing, data centers, and the Internet of Things (IoT), helping businesses streamline their operations and enhance connectivity across various platforms and devices. The company is committed to innovation and plays a key role in advancing technology standards, making significant contributions to both large enterprises and smaller organizations worldwide. Read More
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Trump admin criticizes Europe's digital regulations, forges deal with UAE for Nvidia chips, Schumer warns of China's benefit, Black bullish on Tesla and Uber, Uber partners with Turo, Black shares thoughts on Pony AI, Tesla touts FSD ahead of Robotaxi launch, CATL to raise $4B, Cisco beats earnings and revenue.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Friday as we examine the latest happenings in today's session.
US markets mixed on 5/15, Cisco up on AI demand, UnitedHealth down on fraud probe, Amazon & Walmart slip on tariffs. Optimism for trade deals, soft data & uncertain forecasts.
Growth is oxygen.
But when it evaporates, the consequences can be extreme - ask anyone who bought Cisco in the Dot-Com Bubble (Nvidia?) or newer investors who lived through the 2020 to 2022 COVID cycle.
CEO Gary Dickerson said the company is well positioned at major technology inflections in fast-growing market areas, which supports its multi-year growth trajectory.
Looking for the most active stocks in the S&P500 index on Thursday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.
U.S. stocks traded mixed Thursday, with major indices posting timid midday gains as investors digested fresh economic data revealing signs of consumer strain and disinflationary pressure stemming from April's tariff escalation.
Shares of networking technology giant Cisco (NASDAQ:CSCO) jumped 6.7% in the morning session after the company reported impressive first quarter 2025 (fiscal Q3) results which beat analysts' sales and earnings estimates. In addition, Cisco increased its EPS guidance for the next quarter. The main story here was the steady growth, with revenue up 11% thanks to strong demand for AI and security products. On the other hand, its EBITDA missed, but this print still had some key positives.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Thursday as we examine the latest happenings in today's session.
Cisco Systems Inc (NASDAQ:CSCO) shares are rising on the heels of the company's better-than-expected quarterly results. Several analysts raised price targets following the report. Here's a look at what's going on.