It looks like there is an increasing optimism about “no landing” optimism every week in the stock market because it keeps hitting all time highs despite the fact that the current valuation has already reached a far stretched levelAdvanced education in economics, business management and engineering. Professional experience with product management and development in high tech industry, including advisory with multiple fintech startups. Have been investing in growth companies since 1998. Recent interest of inv ...

In the latest trading session, Cisco Systems (CSCO) closed at $54.27, marking a +0.04% move from the previous day. This change lagged the S&P 500's 0.77% gain on the day. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.87%.The the stock of seller of routers, switches, software and services has risen by 8.94% in the past month, leading the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 4.87%.The investment community will be closely monitoring the performanc ...

I included Cisco (NASDAQ: CSCO ) in a recent article that cited it as one of 11 Dow Industrials stocks I consider to be the "zero return club" in that they have produced near zero return for at least aThe stock market tells us a story…we just have to listen! That’s the mission of Sungarden Investment Publishing (SIP). Founder Rob Isbitts applies his more than 30 years of hands-on investing experience to dissect the market, bust common myths, and simplify the investment process for his audience. Our firm is ...

In the latest trading session, Cisco Systems (CSCO) closed at $52.73, marking a +0.42% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.97%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.45%.The the stock of seller of routers, switches, software and services has risen by 7.82% in the past month, lagging the Computer and Technology sector's gain of 8.21% and overreaching the S&P 500's gain of 5.41%.Market participants will be closely fol ...

For Immediate ReleasesChicago, IL – October 8, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Meta Platforms, Inc. (META) , Cisco Systems, Inc. (CSCO) and Philip Morris International Inc. (PM) , Earth Science Tech, Inc. (ETST) and Frequency Electronics, Inc. (FEIM) .Here are highlights from Tuesday’s Analyst Blo ...

The stock market's insatiable appetite for high-growth stories often leaves a trail of undervalued opportunities in its wake. Blue-chip stocks are the corporate world's stalwarts and frequently get overshadowed by the allure of the latest market darlings. This creates a unique opportunity for investors seeking stability and consistent returns, offering the potential for capital appreciation and attractive dividend yields.Get stock market alerts:Cisco Systems: Networked for Value and DividendsCisco Systems N ...

Company Overview - Cisco Systems has agreed to invest in CoreWeave, a prominent AI startup valued at $23 billion [1] - CoreWeave is planning a secondary transaction allowing existing shareholders to sell $400 to $500 million in shares [1] - CoreWeave is considering an IPO as early as next year [1] - CoreWeave's investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street, and Fidelity [1] - CoreWeave is an early adopter of Nvidia's data center graphic chips and is building data centers based on these chips to support AI-related computing tasks [1] Industry Dynamics - Cisco aims to ensure a major role for its technology in the rapidly expanding data center sector, which it believes will boost demand for its networking products [2] - CoreWeave initially started as a cryptocurrency mining company but transitioned to cloud computing services by leveraging large purchases of Nvidia graphic cards, strengthening its relationship with Nvidia over time [2] - Nvidia's support for CoreWeave could disrupt the current cloud computing market dominated by giants like Amazon AWS, Microsoft Azure, and Google Cloud, reflecting Nvidia's potential to influence the $2 trillion market [2]

Cisco Systems Inc. (CSCO, Financial) has announced a strategic investment in Coreweave, a cloud service provider, valuing the company at an impressive $23 billion. This move signifies Cisco's confidence in Coreweave's business model and growth prospects. Coreweave specializes in high-performance computing solutions tailored for diverse clients, capitalizing on cloud technology to offer scalable and efficient services.This investment underscores Cisco's commitment to expanding its influence in the rapidly gr ...

Remote-First-Company | NEW YORK CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- VAST Data, the AI data platform company, today announced it has extended its collaboration with Cisco (NASDAQ: CSCO), the leader in enterprise networking and security, to further simplify AI deployments for enterprises. Through this growing partnership, Cisco plans to offer the VAST Data Platform natively on select Cisco Unified Computing System (UCS) servers as an integrated solution via Cisco’s global sales team and network of channel ...

While Cisco Systems Inc. CSCO may not be making loud headlines, it's quietly setting the stage for a strong technical breakout. With a Golden Cross in play, tech analyst Jim Lebenthal of Cerity Partners recently tipped Cisco stock on CNBC’s ‘Halftime Report Final Trades’ predicting the stock will "quietly hit a fresh high for the year." Chart created using Benzinga ProThis optimism comes even as Cisco's 2024 has been marked by significant layoffs. The company reduced its headcount by 7% in August after an e ...