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 ...

Key TakeawaysCisco System shares moved lower in extended-hours trading Wednesday after the company provided a cautious fiscal third-quarter and full-year outlook amid uncertainty surrounding the macro environment.Cisco becomes the latest tech company to announce layoffs, saying it plans to reduce its global workforce by 5%.An earnings-driven breakdown below a long-term uptrend line could act as a catalyst for another move lower. Cisco Systems, Inc. Source: TradingView.com.Shares in computer networking gi ...

Q2 Fiscal Year 2024 Conference Call Forward-Looking Statements This presentation contains projections and other forward-looking statements regarding future events or the future financial performance of Cisco, including future operating results. These projections and statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements. Please see Cisco’s filings with the SEC, including its most recent filings on Forms 10-K and 10-Q, ...

Cisco Systems, Inc. (NASDAQ:CSCO) Q2 2024 Earnings Conference Call February 14, 2024 4:30 PM ET Company Participants Sami Badri - Head of Investor Relations Chuck Robbins - Chair and Chief Executive Officer Scott Herren - Executive Vice President and Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore Meta Marshall - Morgan Stanley David Vogt - UBS Simon Leopold - Raymond James Tal Liani - Bank of America Samik Chatterjee - JPMorgan Ben Reitzes - Melius Research Matt Niknam - Deut ...