News Summary: Cisco and TELUS launch new 5G capabilities in North America to serve IoT use-cases for industry verticals, with a focus on connected cars. TELUS and Cisco's Mobility Services Platform (IoT Control Center services) introduces paths to enhance the driver experience and ways for car manufacturers to realize new revenue streams. TELUS expects to onboard over one and a half million 5G standalone cars onto the Cisco IoT Control Center over the next several years, starting in 2024. BARCELONA, Spai ...

Cisco Systems (CSCO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this seller of routers, switches, software and services have returned -6.7%, compared to the Zacks S&P 500 composite's +3% change. During this period, the Zacks Computer - Networking industry, which Cisco falls in, has lost 5.8%. The key question now is: What could b ...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Cisco and Qwilt today announce a new strategic partnership with Turkcell, the leading digital operator in Turkiye. The collaboration aims to enhance the quality and delivery capacity of digital content and applications, bringing superior streaming experiences and faster data delivery to Turkcell’s 38.2 million mobile users and 3.1 million fixed broadband customers, efficiently supporting growing data demands. Turkcell’s adoption of Qwilt’s Open Edge Cloud for Content ...

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 ...