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About Cisco Systems, Inc.

Cisco is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future.
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News

French Startup Mistral AI Raises $650 Million in Bid to Scale Up
Jun 11, 2024 16:55pm

Backers include General Catalyst, Lightspeed, Bertelsmann Investment, Cisco Systems, International Business Machines, Nvidia and Salesforce Venture.


Source:The Wall Street Journal
Cisco Systems Guidance Understates New Growth Initiatives, Says Bullish Analyst
Jun 10, 2024 17:27pm

Earlier this month, Cisco Systems Inc (NASDAQ: CSCO ) launched a $1 billion investment fund to support the development of secure AI solutions . The company''s Investor Day focused on the large target addressable market (TAM) but management provided conservative growth targets for fiscal 2026 and 2027, according to BofA Securities. The Cisco Systems Analyst: Tal Liani maintained a Buy rating and price target of $60 on the stock. The Cisco Systems Thesis: The guidance of 5% year-on-year revenue growth in fiscal 2026 and 2027 "suggests little improvement" from management’s projections for core revenue growth ex-Splunk for fiscal … Full story available on Benzinga.com


Source:Benzinga
3 No-Brainer Nasdaq Stocks to Buy in June
Jun 10, 2024 17:01pm

24/7 Insights The Nasdaq is up a stunning 14.5% this year after a massive 43% gain in 2023. Nasdaq dividend stocks are still reasonably priced, including Cisco Systems Inc. (NASDAQ: CSCO). Unloved biotech Gilead Sciences Inc. (NASDAQ: GILD) could explode higher. Starbucks Corp. (NASDAQ: SBUX) trades near a 52-week low and offers huge total return […] The post 3 No-Brainer Nasdaq Stocks to Buy in June appeared first on 24/7 Wall St. .


Source:24/7 Wall street
Dear CRWD Stock Fans, Mark Your Calendars for June 21
Jun 10, 2024 14:51pm

Crowdstrike (NASDAQ: CRWD ) will enter the S&P 500 on June 21 after the index is rebalanced. The cybersecurity company is entering the index alongside KKR (NYSE: KKR ) and GoDaddy (NYSE: GDDY ) as part of the quarterly update. CRWD stock is up more than 7% on the news as of this writing. Shares opened today $368 per share today. Crowdstrike currently has a market capitalization of $92 billion. Shuffling the Deck Crowdstrike will be added to the S&P ahead of Dell Technologies (NYSE: DELL ) and Palantir (NYSE: PLTR ), which fell on the news. Dell is up more than 75% so far this year while Palantir is up 38% in 2024. CRWD stock is up more than 50% year-to-date (YTD). When the S&P adds companies to a bigger index, funds tied to the index buy the stock. When a stock is taken down from an index, however, investors sell shares. Crowdstrike is replacing the Dallas-based banking company Comerica (NYSE: CMA ) on the index. Crowdstrike recently beat analyst estimates on earnings. Quarterly net income jumped to $42.8 million, or 17 cents per share fully diluted, on revenue of $921 million .


Source:InvestorPlace
3 Best Stocks to Buy to Invest in India in 2024
Jun 10, 2024 11:00am

Recently, the best India stocks to buy saw a price correction as a result of its elections . With its Prime Minister narrowly winning reelection, the country’s pro-business future could be less certain than before. Modi’s policies had previously enticed investment in the country, but now his party has lost its parliamentary majority. As a result, he may not be able to pursue legislation as effectively. However, India’s stock market is now the fourth largest in the world as the country rapidly develops. Its education systems and focus on intellectual quality have made India a serious contender in the business world. Moreover, much like China in the 80s and 90s, India has a competitive manufacturing and services edge of cheap labor due to its lower economic standards. This has led to predictions of a $7 trillion GDP by 2030 as it races toward a developed economy. For investors, finding the right India stocks to buy at the right time on this growth trajectory could yield lucrative long-term results.


Source:InvestorPlace
Meta hit with privacy complaints over AI plans
Jun 09, 2024 00:30am

A Vienna-based privacy group filed complaints against Meta in 11 European countries over unlawful AI data use. Microsoft announced a $3.2 billion AI investment in Sweden over two years, AMD unveiled new AI chips to challenge Nvidia, and Cisco plans a $1 billion investment in AI startups for secure AI services.


Source:Economic Times India
Senior leaders allies to LGBTQIA+ colleagues as India Inc drives inclusion at work
Jun 08, 2024 16:30pm

At companies such as GE Aerospace, IBM, LTIMindtree, Deutsche Bank, Cisco, Cummins and Thoughtworks, board members, leaders, people managers as well as teammates are driving a culture of inclusiveness so that LGBTQIA+ workers don’t feel isolated.


Source:Economic Times India
Cisco Systems, Inc. (CSCO) BofA Securities 2024 Global Technology Conference (Transcript)
Jun 07, 2024 20:10pm

No summary available.


Source:Seeking Alpha
Can Cisco Systems Inc (NASDAQ:CSCO) Become The Next Big AI Stock?
Jun 07, 2024 19:46pm

We recently published a list of top 10 AI stocks Wall Street analysts are upgrading. Cisco ranks 9th in the list. That’s why the stock deserves a deeper look. There has been much uproar about AI stock valuations and how investors are overpaying for mega-cap tech stocks that are promising something that still lies far […]


Source:Insider Monkey
Cisco reveals Nexus HyperFabric AI clusters, a simplified data center infrastructure solution with NVIDIA for Generative AI
Jun 07, 2024 07:01am

CISCO LIVE, LAS VEGAS — Today Cisco (NASDAQ: CSCO), the leader in security and networking, announced a breakthrough AI cluster solution with NVIDIA for the data center that transforms how customers build, manage and optimize infrastructure and software. Delivering on the Cisco Networking Cloud vision to simplify networking, Cisco is bringing to market a new […] The post Cisco reveals Nexus HyperFabric AI clusters, a simplified data center infrastructure solution with NVIDIA for Generative AI appeared first on Manila Standard .


Source:Manila Standard