Cisco Systems(CSCO)
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Cisco Should Benefit From AI Buildout While Being A Dividend Growth Play
Seeking Alpha· 2024-09-20 13:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CSCO, META, ...
Keep an Eye on These 3 Networking Stocks From a Thriving Industry
ZACKS· 2024-09-19 15:56
Increasing focus on cloud computing, network security, big data and cloud storage is expected to boost the Zacks Computer - Networking industry participants’ performance amid the rapid proliferation of AI technology. The players in this space are focused on capitalizing on the multibillion-dollar AI infrastructure opportunity. The accelerated deployment of 5G is driving the proliferation of the Internet of Things (IoT), Advanced Driver Assistance Systems (ADAS), Augmented Reality/Virtual Reality (AR/VR) dev ...
Cisco Rises 11% in 3 Months: Buy, Sell or Hold the CSCO Stock?
ZACKS· 2024-09-17 16:27
Cisco Systems (CSCO) shares have returned 11% in the past three months, underperforming the Zacks Computer & Technology sector’s drop of 4.4%. The outperformance can be attributed to CSCO’s improving near-term prospects, with strong AI-related order growth.Cisco shares are also trading above the 50-day and 200-day moving averages, indicating a bullish trend.For fiscal 2025, revenues are expected between $55 billion and $56.2 billion. Cisco reported revenues of $53.8 billion in fiscal 2024.CSCO’s 3-Month Pri ...
Cisco's second layoff of 2024 affect thousands of employees
TechCrunch· 2024-09-17 13:50
U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and networking company announced in August that it would reduce its headcount by 7%, or around 5,600 employees, following an earlier layoff in February, in which the company let go of about 4,000 employees. As TechCrunch previously reported, Cisco employees said that the company refused to say who were affected by the layoffs until September 16. Cisco did not give a reason for the month-long dela ...
Cisco (CSCO) Up 2.2% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-09-13 16:31
A month has gone by since the last earnings report for Cisco Systems (CSCO) . Shares have added about 2.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cisco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Cisco Systems reported fourth-quarter fiscal 2024 non-GAA ...
Cisco Systems, Inc. (CSCO) Goldman Sachs Communacopia + Technology Conference (Transcript)
2024-09-10 19:07
Cisco Systems, Inc. (NASDAQ:CSCO) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:10 AM ET Company Participants Scott Herren - EVP and CFO Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. Well, thank you everybody. Welcome to the Cisco fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing Scott Herren, who is the Executive Vice President and CFO of Cisco. Scott joined Cisco in 2020 from Autodesk, where he se ...
Cisco Systems(CSCO) - 2024 Q4 - Annual Report
2024-09-05 20:41
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 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 ...
Layoffs Spike To 5-Month High In August As Labor Market Softens
Forbes· 2024-09-05 11:30
ToplineJob losses at U.S.-based employers spiked in August to a five-month high of just over 75,000 cut positions for the month, a signal of economic uncertainty and a softening labor market, according to a new report from career services firm Challenger, Gray & Christmas.Signage with logo at the Silicon Valley headquarters of Cisco in San Jose, California on Aug. 17, ... [+] 2017.Getty Images Key FactsThe number of job cuts in August was a 193% jump from those announced in July, and the highest single-mont ...
Honeywell, Cisco Unite to Reduce Energy Usage in Buildings
ZACKS· 2024-09-03 15:35
Honeywell International Inc. (HON) recently partnered with Cisco Systems, Inc. (CSCO) to develop an AI-powered solution that automatically adjusts building systems based on various usage levels. This collaboration aims to minimize energy consumption and enhance the productivity and comfort of workers.Based in San Jose, CA, Cisco is an IP-based networking company offering products and services to service providers, companies, commercial users and individuals. The company is rapidly expanding its presence in ...
Meta, Cisco And 2 Other Stocks Executives Are Selling
Benzinga· 2024-08-23 12:16
The Nasdaq 100 closed lower by over 300 points during Thursday's session. Investors, meanwhile, focused on some notable insider trades.When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.Below is a look at a few recent notable insider sales. ...