Cisco Systems (CSCO) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 15. On ...

New AI-Driven Capabilities Automate Anomaly Detection, Accelerate Root Cause Analysis and Secure Business-Critical Applications  News Summary:  Employs AI in self-hosted observability deployments to automatically detect anomalies and suspected root causes in application performance, significantly reducing the time required to identify and resolve issues.  Detects and protects against application vulnerabilities and attacks, while business risk observability allows prioritization of the most significant sof ...

SAN JOSE, Calif., May 8, 2024 /PRNewswire/ -- Cisco has scheduled a conference call for Wednesday, May 15, 2024, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2024 financial results for the period ending Saturday, April 27, 2024.Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 15, 2024.Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com.  Date:   ...

USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, May 6, 2024 /PRNewswire/ -- USA News Group – Despite a lack of consensus among thousands of experts on the development of artificial intelligence (AI) as it permeates the global economy, one thing is certain, AI is here to stay. According to analysts at Fintech Futures, the Generative AI Market expected to reach a revenue of US$266 billion by 2032, growing at an explosive CAGR of 37.8%. Behind the scenes of this AI-revolution, sever ...

Not everyone is feeling good about the stock market. Inflation has been picking up, and interest rates have remained elevated. Earnings reports for tech companies have been good for the most part, but that doesn't mean the market will remain attractive over the next few years. Time in the market beats timing the market. However, some corporations look unlikely to outperform the S&P 500 or deliver meaningful long-term gains for investors. Holding onto unprofitable stocks can bring your portfolio down. These ...

In the latest trading session, Cisco Systems (CSCO) closed at $47.86, marking a -0.5% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 2.03%.The seller of routers, switches, software and services's shares have seen a decrease of 3.63% over the last month, surpassing the Computer and Technology sector's loss of 5.32% and falling behind the S&P 500's loss of 3.15 ...

Cisco Systems (CSCO) closed the latest trading day at $48.10, indicating a -0.52% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.46%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 0.64%.Prior to today's trading, shares of the seller of routers, switches, software and services had lost 2.85% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04% in th ...

raisbeckfoto Cisco Systems, Nvidia, and Artificial Intelligence Cisco Systems, Inc. (NASDAQ:CSCO) currently trades at an FWD P/E of around 13x, a stark contrast to the elevated multiples many AI (artificial intelligence) stocks boast. It's precisely the goal of this article to argue that such a low valuation reflects an underestimation of CSCO stock's AI relevance and thus creates an investment opportunity. CSCO is known for its leading role in Internet protocol-based networking devices, in particular switc ...

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: Pope Francis holds his weekly general audience in St. Peter's Square, at the Vatican, Wednesday, April 24, 2024. Credit: AP Photo/Alessandra Tarantino Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to ...

Long-term investors who are considering buying “growth stocks,” i.e., stocks with high price-earnings (P/E) ratios, may want to think again. The phrase “growth stocks” appears to be a misnomer. In general, differences in future earnings growth are fairly modest between high P/E and low P/E stocks and are far too small to justify the large differences in prices between those two sets of stocks. On average and over the long run, high P/E stocks deliver significantly lower returns than low P/E stocks.What do P ...