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The next wave of the Internet is already underway – here are seven companies poised to power this digital revolution.
Cisco narrowly topped quarterly views, but shares plunged on weak guidance, in part due to poor China sales. The stock fell to its worst levels since January after the Dow tech titan undercut its 200-day line on Wednesday.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib
Ambarella (AMBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nutanix's (NTNX) fourth-quarter fiscal 2019 results are likely to benefit from growing customer base. However, extended sales cycles due to transition to a subscription-based model are a concern.
Investing.com – Stocks rose for the fourth day in the last five as investors were cheered by Boeing's hope to get its 737 Max jet back into the air and by gains in tech and retail stocks.
Investing.com - Stocks surged for a third-straight day on optimism about a U.S.- China trade deal and fewer worries about a recession hitting any time soon.
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...
US companies are watering down their spending plans as the threat of slowing global growth and the trade war sap business confidence. Capital expenditure, or capex, is set to grow 3.5 per cent this year, a sharp drop from the 4.2 per cent anticipated just four months ago, according to Citi analysts. “Capex has been one of the biggest concerns about the state of the economy,” said Max Gokhman, head of asset allocation for Pacific Life Fund Advisors.
Cisco (CSCO) stock fell 8% today after releasing its Q4 results after the market closed yesterday. Cisco reported sales of $13.4 billion, a rise of 6% YoY.
The resilience of corporate spending on IT equipment in the face of geopolitical and economic uncertainty has started to crack, to judge by a sudden downdraft in orders at Cisco Systems. After dropping 4 per cent in normal trading, Cisco’s stock tumbled another 7 per cent in after-market trading to $46.66. Falling demand in the UK, Cisco’s second-biggest market after the US, was the single biggest factor in declining orders from big corporate customers, Chuck Robbins, chief executive, said in an interview with the Financial Times.