A month has gone by since the last earnings report for Cisco Systems (CSCO) . Shares have added about 1.5% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cisco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Cisco Q2 Earnings Top Estimates, Revenues Down Y/YCisco ...

Key TakeawaysEuropean regulators gave their approval to networking equipment maker Cisco Systems Inc.'s $28 billion acquisition of cybersecurity company Splunk Inc.EU officials ruled Wednesday that the Cisco-Splunk transaction wouldn't raise competition concerns.Shares of Splunk soared after the $157-per-share deal was announced in September. Cisco Systems Inc. (CSCO) received European Union (EU) regulatory approval for the networking equipment maker’s $28 billion purchase of cybersecurity firm Splunk Inc. ...

SAN JOSE, Calif., March 13, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community. The session will be via webcast. Interested parties can register and view these events on Cisco's Investor Relations website at https://investor.cisco.com. No new financial information will be discussed on this conference call. Cisco and Raymond James to Host a Tech Talk at OFC 2024March 26, 20247:30 a.m. PT / 10:30 a.m. ET Cisco Speaker:Bill Gartner, SVP, GM o ...

News Summary: RAI Amsterdam has selected Cisco and Radware to enhance network security for its events.Cisco Secure Cloud DDoS Protection, developed by Radware, was chosen to address the robust network requirements for IT, gaming, and financial services events at RAI Amsterdam.The solution bolsters RAI's security resilience by swiftly identifying and blocking harmful traffic, ensuring uninterrupted network availability, and optimizing application performance during DDoS attacks. MAHWAH, N.J., March 13, 2024 ...

Tech stocks continue to outperform. The Nasdaq index is up nearly 10% this year compared to an 8% increase in the benchmark S&P 500 index and a 3% gain in the blue-chip Dow Jones Industrial Average. However, the rally among technology stocks continues to be uneven. While the Magnificent Seven and stocks of microchip companies are performing well, many other tech stocks are lagging the overall performance. This can be due to poor earnings and also a lack of investor awareness. Many technology stocks are not ...

rvlsoft/iStock Editorial via Getty Images While all eyes are on Cisco Systems (NASDAQ:CSCO) boosting capabilities in cybersecurity with the Splunk (SPLK) acquisition, less attention has gone to the partnership with Nvidia (NVDA) for deploying artificial intelligence, as illustrated below. With its multiple roles as a networking company, provider of monitoring, and end-point solutions to address IT risks, without forgetting that this is also an OEM (original equipment manufacturer) for servers, it stands ...

PM Images In a market focused on growth with Artificial Intelligence ((A.I.)) dominating the narrative, traditional technology companies such as Cisco Systems (NASDAQ:CSCO) have been left behind. More than 2 decades ago, CSCO had a market cap of $482 billion, making it the 2nd largest company in early 2000, and Paul Weinstein of Credit Suisse First Boston said it had the potential to become the first company valued over a trillion dollars. A lot has changed since then as shares of Microsoft (MSFT) went ...

I recently polled my followers on X: Are we in a stock market bubble? The poll has 6,700 votes and counting and the results are very interesting.Are we in a bubble?— Michael A. Gayed, CFA (@leadlagreport) March 7, 2024 64%-plus of people voted yes. Surprising? Maybe. But this shows just how people view the current S&P 500 and Nasdaq rally. When I see so many people thinking we’re in a bubble, it makes me think we’re NOT in a bubble, or at least not in a typical one.I’ve called this a concentration bubble in ...

News Summary: The global financial services group Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) signs a Strategic Whole Portfolio Agreement with Cisco. The agreement gives BBVA access to Cisco's full software portfolio, world-class technology and Customer Experience (CX) services, supporting the bank's digitization journey.  Five-year agreement enables BBVA to integrate continuous innovation into daily operations, enhancing speed, agility, and offering the latest in digital financial services. SAN JOSE, Cali ...

No company embodies the Artificial Intelligence (AI) age more than Nvidia (NVDA 2.08%), whose GPUs (graphic processing units) are being used in data centers to power AI applications.Nvidia's growth has been extraordinary. The company grew its revenue an incredible 265% in Q4 to $22.1 billion, with Data Center revenue soaring 409% to $18.4 billion. And with Nvidia's growth, investors have benefited, with the stock more than tripling over the past year. The AI revolution has led to comparisons between the I ...