CSCO Aug 2024 35.000 put
| Previous Close | 0.0500 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.0500 |
| Strike | 35.00 |
| Expire Date | 2024-08-16 |
| Day's Range | 0.0500 - 0.0500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 3.6k |
- Yahoo Finance Video
Record market highs, Cisco earnings: Market Domination Overtime
On today's episode of Market Domination Overtime, Yahoo Finance Hosts Julie Hyman and Josh Lipton reflect on the trading day and break down what to watch on Thursday, May. 16. The S&P 500 (^GSPC) closed above 5,300 for the first time ever following the release of April's Consumer Price Index inflation print. The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) both also closed higher. Investors are bullish after BMO Capital Markets raised its year-end target for the S&P 500 to 5600, the current highest target on Wall Street. Yahoo Finance Reporter Josh Schafer joins Market Domination Overtime to analyze whether the market can continue its momentum. CEO of Brazil-based Nubank (NU) David Vélez joins the show to break down the company's earnings which topped the Street's expectations. Nu Holdings is looking to expand its business beyond Brazil, seeing Mexico as a "phenomenal opportunity" due to its large market size. Cisco (CSCO) posted its third quarter earnings after the market close. The company reported adjusted earnings of $0.88 per share, which beat the estimated $0.82, and revenue of $12.70 billion, which was slightly better than estimates. The tech giant also raised its full-year guidance. Morningstar Equity Analyst William Kerwin says the demand slumps for Cisco up until now were a symptom of the "COVID hangover," and it may take another quarter for demand to stabilize fully. Finally, Julie Hyman and Josh Lipton break down what to watch on Thursday, from new housing data to Walmart (WMT) earnings to remarks from Federal Reserve officials. This post was written by Melanie Riehl
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The Dow, S&P 500 and Nasdaq hit record highs on tame inflation data. Nvidia broke out, leading new buys.
BloombergCisco Rallies After Upbeat Forecast Shows Spending Recovery
(Bloomberg) -- Cisco Systems Inc. gained about 5% in extended trading after giving a solid sales and profit forecast for the current quarter, indicating that customers are beginning to invest in their computer networks again.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketUS Inflation Ebbs for First Time in Six Months in Relief for FedS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Mar
