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The next wave of the Internet is already underway – here are seven companies poised to power this digital revolution.
The Internet of Things specialist's stock crashed hard on Thursday due to a sluggish earnings report, then recovered a bit on Friday on no news at all.
The Latest Trends in Tech: Amazon, Google, Cisco, Apple, and Dish(Continued from Prior Part)Tariffs could rise furtherCisco (CSCO) announced its fiscal 2019 second-quarter earnings results (for the quarter that ended in January 2019) on February
Cisco Stock Up 3.92% after Upbeat Q2 Earnings(Continued from Prior Part)Strong cash flows Cisco Systems (CSCO) ended the second quarter of 2019 with an operating cash flow of $3.8 billion, down 7% YoY. The figure includes the payment of $0.8 billion
Jim Cramer says the action in the stocks of Coca-Cola and Cisco could be signaling fundamental change in the market.
CNBC's Jim Cramer says the action in the stocks of Coca-Cola and Cisco could be signaling fundamental change in the market. "I think it says that digital technology has become essential no matter how tortured the times," the "Mad Money" host says. The action in two key stocks — Coca-Cola KO and Cisco Systems CSCO — is telling CNBC's Jim Cramer that the stocks people have long deemed to be "safe" investments might not be so safe anymore.
The S&P 500 and the Dow slipped while the Nasdaq posted a slim gain on Thursday as investors struggled to square grim retail sales data with hopes that high-level talks in Beijing could resolve the ongoing U.S.-China trade dispute. Paring earlier losses, the S&P 500 held above its 200-day moving average, a key technical level, for the third straight session.
Cisco Stock Up 3.92% after Upbeat Q2 Earnings(Continued from Prior Part)Cisco posts upbeat revenues Cisco Systems (CSCO) posted revenues of $12.45 billion in the second quarter of fiscal 2019, which exceeded analysts’ expectations of $12.41 billion
Cisco Stock Up 3.92% after Upbeat Q2 Earnings(Continued from Prior Part)Cisco’s earnings performance Cisco Systems (CSCO) posted better-than-expected earnings in the second quarter of fiscal 2019 on February 13 after the market bell. Second-quarter
Wall Street struggled to reverse early losses on Thursday as an unexpected drop in retail sales dampened investor hopes for progress at the ongoing U.S.-China trade talks in Beijing. The S&P 500 eked out a small gain and held above its 200-day moving average, a key technical level.
Investors looking for both long-term growth and income prospects will absolutely love investments such as Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and several others.
U.S. stocks recovered from declines triggered by bleak retail data to trade flat on Thursday, as investors focused on signs of progress in the ongoing U.S.-China trade talks. A surprise 1.2 percent fall in retail sales in December, the largest drop since September 2009, suggested a sharp slowdown in economic activity at the end of 2018. The data dragged down consumer staples as well as the financials sector, which was hit by a jump in expectations that the Federal Reserve would cut key lending rates by the end of the year.
Cisco reported better-than-expected results on Wednesday, lifting the stock 3 percent. The company's infrastructure business posted revenue that topped estimates. CEO Chuck Robbins said Cisco is taking on China's Huawei and winning.
Cisco Stock Up 3.92% after Upbeat Q2 EarningsCisco’s stock price movement Cisco Systems (CSCO) stock increased 3.92% in after-hours trading on February 13 after the tech giant reported upbeat results for the second quarter of fiscal 2019, which
Bloomin' Brands BLMN — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Avon Products AVP — The cosmetics maker's stock dropped 11 percent after Avon reported mixed results for the fourth quarter. MGM Resorts MGM — Shares of MGM fell 6.36 percent after the casino and resort operator reported a diluted loss per share of 6 cents in the current quarter compared to diluted earnings per share of $2.39 in the prior year quarter.
Sierra Wireless Inc. (TSX:SW) (NASDAQ:SWIR) is reeling from weakness in its end markets, but its strong balance sheet, with ample cash and no debt, will enable the company to invest in growth going forward.
U.S. stocks fell on Thursday, led by declines in consumer and bank shares, after bleak retail data fanned concerns about retailer earnings and led to increased bets of interest rate cuts, with losses capped by optimism over Sino-U.S. trade talks. Retail sales tumbled 1.2 percent in December, the commerce department said, the largest drop since September 2009 when the economy was emerging from a recession. The drop weighed on the S&P consumer staples, which declined 0.74 percent.