Cisco Systems is a multinational technology company that specializes in networking hardware, telecommunications equipment, and high-technology services and products. It is renowned for its role in enabling the Internet and providing solutions for digital communication, including routers, switches, and cybersecurity systems. Cisco also offers software and hardware solutions for cloud computing, data centers, and the Internet of Things (IoT), helping businesses streamline their operations and enhance connectivity across various platforms and devices. The company is committed to innovation and plays a key role in advancing technology standards, making significant contributions to both large enterprises and smaller organizations worldwide. Read More
Shares of networking technology giant Cisco (NASDAQ:CSCO) fell 6.6% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. Markets reacted negatively to the announcement, reflecting deep concerns among investors about the broader economic implications. The tariffs were likely seen as a significant threat to global trade flows, with the potential to slow economic growth, drive up consumer prices, and spark retaliatory measures.
Fortinet (NASDAQ:FTNT) is at risk of significant margin headwinds due to its heavy reliance on Taiwan for manufacturing, while competitors like Cisco and Palo Alto may be more insulated from the impact of the newly announced Liberation Day tariffs.
Let’s dig into the relative performance of Cisco (NASDAQ:CSCO) and its peers as we unravel the now-completed Q4 it services & other tech earnings season.
Ahead of the markets opening on Wednesday, Nokia also announced it struck a deal with India’s second largest telecom company, Bharti Airtel, to expand core network collaboration to speed up the launch of new 5G services.
While the Dow Jones represents industry leaders, not every stock in the index is a safe bet.
Some are facing headwinds like declining demand, rising costs, or disruptive new competitors.
CISCO SYSTEMS INC (NASDAQ:CSCO) Reveals Intriguing Technical Aspects. Indications Suggest NASDAQ:CSCO Could Be on the Verge of a Breakout. Here's What You Need to Know.
Cisco Systems, Inc. offers a complete line of routers and switching products that connect and manage communications among local and wide area computer networks employing a variety of protocols.
Based on the IPO price, the company will likely collect gross proceeds of $1.5 billion, giving it a valuation of about $19 billion based on the 473.48 million shares outstanding.
Melius sees the collaboration between Nvidia and Cisco as a significant opportunity for the company, stating it now has "a shot to be on the right side of AI in the enterprise."
Oracle Cloud is suspected to have suffered a significant cyberattack, leading to the theft of 6 million records. These records are reportedly being sold by a hacker. Oracle, however, has firmly denied any such breach.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Looking back on it services & other tech stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Amdocs (NASDAQ:DOX) and its peers.
NVIDIA Corp. CEO Jensen Huang and Cisco Systems Inc. CEO Chuck Robbins described unprecedented global enthusiasm for artificial intelligence development, with national leaders recognizing AI as a strategic priority.
The outlook for Arista stock depends on the company's battle versus Nvidia as cloud computing giants build new artificial intelligence data center networks.