Cisco Systems(CSCO)

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Cisco Systems (CSCO) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-19 22:51
Cisco Systems (CSCO) closed the latest trading day at $48.32, indicating a +0.44% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.88%. Meanwhile, the Dow experienced a rise of 0.56%, and the technology-dominated Nasdaq saw a decrease of 2.05%.Prior to today's trading, shares of the seller of routers, switches, software and services had lost 3.55% over the past month. This has lagged the Computer and Technology sector's loss of 3.33% and the S&P 500's loss of 2.57% in ...
Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
CNBC· 2024-04-18 07:00
In this articleCSCOThe Cisco logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024. Charlie Perez | Nurphoto | Getty ImagesHow it worksHyperShield serves as a "shield for security," Patel said, explaining that it takes security directly to the things that need to be secured.The technology acts like a "fabric," rather than a "fence," giving cyber workers better visibility of software vulnerabilities across applications, according to Patel.The product has an autonomous segm ...
Cisco Reimagines Security for Data Centers and Clouds in Era of AI
Prnewswire· 2024-04-18 07:00
Cisco Hypershield Brings Power of Hyperscaler Security and Connectivity to the EnterpriseNews Summary: Cisco is powering and protecting the engine of the AI revolution – AI-scale data centers and clouds – to make every application and device secure no matter how they are distributed or connected. In today's highly distributed world, the time from vulnerability to exploitation is shrinking - and defending against the increasingly sophisticated, complex threat landscape in data centers is beyond human scale. ...
Cisco Systems (CSCO) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-04-16 22:56
Cisco Systems (CSCO) ended the recent trading session at $47.98, demonstrating a -0.55% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.03%. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.12%.Prior to today's trading, shares of the seller of routers, switches, software and services had lost 2.09% over the past month. This has lagged the Computer and Technology sector's loss of 0.55% and the ...
Cisco's (CSCO) Isovalent Buyout Expands Security Offering
Zacks Investment Research· 2024-04-15 15:56
Cisco Systems (CSCO) recently announced that it has completed the previously announced acquisition of Isovalent, a leader in open-source cloud-native networking and security. The deal indicates CSCO’s bold stride toward defining the future of secure, multicloud networking.Isovalent’s groundbreaking technologies, including eBPF, Cilium and Tetragon, will be pivotal in Cisco’s Security Cloud vision, an AI-driven platform aimed at offering cutting-edge protection in a multicloud environment.eBPF, an open-sourc ...
Cisco Completes Acquisition of Isovalent to Define the Future of Multicloud Networking and Security
Prnewswire· 2024-04-12 22:35
News Summary: Cisco has completed the acquisition of Isovalent, Inc., a leader in open source cloud native networking and security Together, Cisco and Isovalent will build leading edge protection for every workload on every cloud Cisco is committed to nurturing and supporting eBPF, Cilium, Tetragon, and cloud native open source communities SAN JOSE, Calif., April 12, 2024 /PRNewswire/ -- Cisco (NASDAQ: CSCO) today announced the completion of the acquisition of Isovalent, a leader in open source cloud native ...
Cisco: A Solid Value In The Mega-Cap Tech Space
Seeking Alpha· 2024-04-12 10:01
Sundry Photography It's interesting how market cycles play out. 25 years ago, Cisco Systems (NASDAQ:CSCO) was arguably the hottest stock in the world. At one point, it briefly obtained the title of being America's largest market cap company with its valuation touching $500 billion at the peak. At the time, investors were betting on a seemingly unending exponential growth curve in networking equipment. Telecom companies were greenlighting an unending array of fiber optic cables without a care in the world. T ...
Cisco Systems (CSCO) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-04-10 22:56
The most recent trading session ended with Cisco Systems (CSCO) standing at $49.21, reflecting a -1.6% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.95% for the day. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq lost 0.84%.The the stock of seller of routers, switches, software and services has fallen by 0.12% in the past month, lagging the Computer and Technology sector's gain of 1.67% and the S&P 500's gain of 1.78%.The invest ...
Cisco to Host Tech Talk on Splunk
Prnewswire· 2024-04-10 20:30
SAN JOSE, Calif., April 10, 2024 /PRNewswire/ -- Cisco will host a Tech Talk with Gary Steele, EVP and GM, Splunk, a Cisco company, to discuss Splunk's security and observability capabilities. No new financial information will be discussed during this event. Date:Wednesday, April 17, 2024 Time:7:30 am PT / 10:30 am ET / 4:30 pm CET Speaker:Gary Steele, EVP and GM, Splunk, a Cisco company Moderator:Sami Badri, Head of Investor Relations & Strategic Finance, Cisco This event will be webcast and a replay will ...
Why Cisco Systems Topped the Market on Tuesday
The Motley Fool· 2024-04-09 22:23
The company could have a bright future now that it is the owner of a good cybersecurity business.One of the more up-and-down veteran tech stocks of this year, Cisco Systems (CSCO 3.67%), had a very pleasant up trading session Tuesday. The networking equipment company's share price climbed nearly 4% higher on an analyst's price target bump. That was a solid gain compared to the S&P 500 index, which only managed to inch up by 0.1% on the day.A small bump thanks to SplunkDeutsche Bank's Matthew Niknam was the ...