Cisco Plans Thousands of Job Cuts, Reuters says Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities, discusses his outlook for tech on Bloomberg Intelligence. -------- Get more on The Bloomberg Intelligence Podcast On Apple: http://bit.ly/3YrBfOi On Spotify: http://bit.ly/3SPPZ8F Anywhere: http://bit.ly/43hOc0r Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake

The number of people affected could reportedly be similar to or slightly higher than the 4,000 employees Cisco fired in February

Cisco Systems (CSCO) is set to let go thousands of employees later this year in what would mark the networking giant''s second round of employee cutbacks this year. Read for more.

Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.

Technology company Cisco Systems, Inc. (NASDAQ: CSCO) is preparing to report fourth-quarter earnings next week. The company, which has dominated the network gear market for quite some time, has successfully […] The post What to expect when Cisco Systems (CSCO) reports Q4 2024 earnings first appeared on AlphaStreet .

The tech sector has been an area of strength for many years. It’s propelled the S&P 500 and the Nasdaq Composite to new heights. However, there are some tech stocks that don’t have enticing growth prospects anymore. Generating returns in the stock market isn’t just about which stocks you buy. It’s also about which stocks you sell and avoid. The U.S. economy is facing some challenges amid discouraging jobs data and an election cycle. Many stocks are in corrections and present buying opportunities for patient investors. However, some tech stocks aren’t attractive, even after the recent dips. Looking at a company’s financial results offers hints about its future direction. However, it’s also important to gauge the temperature in the room. People are getting tired of high prices, especially when companies with lower-quality products and services also participate in the price hikes. These are some of the tech stocks to sell before the losses continue. Cisco (CSCO) Source: Ken Wolter / Shutterstock.com Granted, Cisco (NASDAQ: CSCO ) isn’t likely to tumble as much as other tech giants if the economic contraction continues.

By Charu AdesnikNORTHAMPTON, MA / ACCESSWIRE / August 8, 2024 / Nearly 40 years ago, Cisco set out to connect the world through technology - to deliver innovation to our customers - and to shape th…

Discover how Cisco''s tech partnerships are tackling global challenges. From fighting food insecurity to bridging rural divides, learn about innovative solutions making a real-world impact. Explore ''The Human Component'' series.

By Charu AdesnikNORTHAMPTON, MA / ACCESSWIRE / August 8, 2024 / Nearly 40 years ago, Cisco set out to connect the world through technology - to deliver innovation to our customers - and to shape the future through a deeply held commitment to the … Jetzt den vollständigen Artikel lesen

I feel that edge computing stocks should be on investors’ radar. We’re seeing rapid changes in how data is being transformed and processed, with edge computing stocks being vital players. Edge computing empowers the processing and storage of data near the source. Hence, it offers faster real-time processing and low latency and high efficiency. The primary trends that will fuel this transition are AI at the edge, 5G networks and edge as a service. This change is important for tasks that need real-time processing like self-driving cars, smart cities and internet of things devices. Also, improvements in security measures and edge analytics are improving the stability of edge computing more and more. However, not all edge computing stocks are created equal. So here are three companies that I think are best positioned to take advantage of these shifts in data processing for years to come. Fastly (FSLY) Source: Pavel Kapysh / Shutterstock.com Fastly (NYSE: FSLY ) can be considered as one of the leaders in the development of edge computing.