With the price of Nvidia Corporation (NASDAQ: NVDA) stock slowing down its previous gains, market participants are wondering what is next for the artificial intelligence (AI) and semiconductor behemoth, and others are recalling the price action of other stocks during the dot-com bubble.As it happens, Nvidia’s price action resembles that of another technology giant – Cisco Systems (NASDAQ: CSCO) – which made a massive decline during the dot-com bubble, suggesting that history could repeat itself, according t ...

Some once great companies have fallen on hard times, causing their stock to sink. While surprising, the long-term decline of powerful brands is nothing new. Business history is littered with discarded companies that were once dominant but became irrelevant value traps over time. Many great companies cease to exist and become top blue-chip stocks to sell. Think of names such as Eastman Kodak (NYSE:KODK), Compaq Computer and F.W. Woolworth. It’s important for investors to recognize when the company behind a s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39940 _____________________________________ CISCO SYSTEMS, INC. (Exact name of registran ...

The Dow Jones Industrial Average can be a great place to look if you’re a beginner investor looking for some solid blue-chip ideas to put new money to work. Though the Dow Jones index may get quite a bit of flack for being a sub-par representation of the overall U.S. market, I still think the small sample size (30 components) makes it a bite-sized way for market newcomers to discover relatively secure stocks they’d be willing to hang onto for the long haul. This has led to this list of dow stocks to buy.Tho ...

Key PointsCisco Systems had a decent quarter and outperformed expectations, but guidance sapped market appetite. Cash flow is solid, with margin improving, providing ample funds to pay dividends and buy back shares. Analysts support this market and see it moving higher by year-end. 5 stocks we like better than Cisco SystemsCisco Systems NASDAQ: CSCO issued a decent FQ2 report but guided lower for Q3, leaving the market less than inspired. However cold the guide, someone is stepping into the buy the dip, and ...

SAN JOSE, Calif., Feb. 15, 2024 /PRNewswire/ -- Cisco and Jefferies will host a webcast for the Financial Community on corporate purpose as a sustainable business driver at 8:00 a.m. PT/11:00 a.m. ET/4:00 p.m. GMT, on February 23, 2024. Fran Katsoudas, Executive Vice President and Chief People, Policy & Purpose Officer at Cisco, and Mary de Wysocki, Chief Sustainability Officer at Cisco, will discuss how Cisco's Purpose, "to Power an Inclusive Future for All" is driving sustainable growth and creating share ...

Cisco Systems (CSCO) reported second-quarter fiscal 2024 non-GAAP earnings of 87 cents per share, which beat the Zacks Consensus Estimate by 8.62%. The bottom line fell 1.1% year over year.Revenues decreased 6% year over year to $12.79 billion but beat the consensus mark by 2.59%. Product revenues (72.2% of total revenues) decreased 9.1% on a year-over-year basis to $9.23 billion.Revenues from enterprise, public sector, and service provider & cloud declined 6%, 5% and 40% year over year, respectively.Networ ...

Cisco revealed plans to slash its headcount by 5% — roughly 4,250 employees across the tech behemoth’s global workforce — as it steps up its focus on artificial intelligence.San Jose, Calif.-based Cisco said the layoffs — which will cost the company some $800 million in pre-tax charges related to severance and benefits — will enable it to focus on high-growth areas such as AI and software development.Cisco CEO Chuck Robbins told investors on Wednesday: “Our innovation sits at the center of an increasingly c ...

The stock market is at record highs. And more speculative growth names such as artificial intelligence-focused technology firms are skyrocketing. Some analysts are saying we could even see a bubble in the tech sector in 2024.The good news, though, is that there are still plenty of rock solid investment opportunities in blue chip dividend stocks for investors today. While the market may be volatile this year, these undervalued dividend stocks are set to prosper for decades to come.Qualcomm (QCOM)Source: Aksh ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: An exterior view of Cisco Systems Inc. headquarters, May 9, 2012, in Santa Clara, Calif. On Wednesday, Feb. 14, 2024, internet networking pioneer Cisco Systems announced that more than 4,000 employees are being laid off, joining the parade of technology companies in a trend that has helped boost their profits and stock prices wh ...