The stock market has shown mixed results this year, with the S&P 500 seeing a 15% increase while the Dow Jones Industrial Average has only gone up by 3%. Technology stocks like NVIDIA, Microsoft, and Apple have helped drive the S&P 500 gains, while the Dow Jones is impacted by price-weighted components like UnitedHealth Group … Read more
NVIDIA’s surge in the stock market has drawn comparisons to the dotcom boom of the late 1990s, but former CISCO CEO John Chambers believes this time is different. Chambers points to the strong financial performance and innovative technology of NVIDIA as factors that set it apart from the dotcom companies of the past. The company’s … Read more
In a half-time report on the final operations, Joshua Brown of Ritholtz Wealth Management expressed his continued support for Amazon.com, Inc. (AMZN) despite the stock trading lower on Tuesday. Meanwhile, a California labor regulator fined Amazon $5.9 million for allegedly not informing workers about productivity quotas at two warehouses. Jenny Van Leeuwen Harrington of Gilman … Read more
US telecom equipment maker Cisco has introduced the new ‘Meraki India’ cloud region to support India’s digitalization efforts and meet data localization requirements. The region is hosted on a cloud service provider approved by the Ministry of Electronics and IT. With over 810,000 customers worldwide, Cisco Meraki offers networking, secure networking, and IoT capabilities for … Read more
Former Cisco CEO John Chambers recently spoke out about the dominance of Nvidia in the tech industry, stating that it is different from the dotcom bubble that burst in the early 2000s. In an interview with the Wall Street Journal, Chambers discussed the current state of the technology sector and the impact of companies like … Read more
In a recent report, cybersecurity firm Cisco Talos uncovered tactics used by hackers to bypass multi-factor authentication (MFA) measures. While MFA is seen as a crucial defense against unauthorized access, creative hackers have devised ways to work around it. The report highlights the importance of staying vigilant and adopting additional security measures to protect sensitive … Read more
Nvidia has become the world’s most valuable public company, driven by the increasing demand for its artificial intelligence chips. This resurgence in the technology sector is reminiscent of the dot-com bubble from the early 2000s. The company’s AI chips play a crucial role in the development of advanced artificial intelligence systems that can create text, … Read more
Cisco has launched the new ‘Meraki India’ cloud region in order to support India’s digitalization efforts and meet data localization requirements. This cloud region is hosted on a cloud service provider integrated with the Ministry of Electronics and IT (MeitY), allowing businesses to embrace a cloud-first transformation while meeting on-premises data storage and privacy needs. … Read more
Cisco announced the launch of Motific, their first SaaS product aimed at accelerating the adoption of Generative AI (GenAI) within organizations. This product, born from Cisco’s Outshift incubation business, provides a centralized view of the GenAI deployment journey, giving IT and security teams the tools to implement trusted GenAI capabilities efficiently while maintaining control over … Read more
Red Mountain Financial LLC recently acquired a new stake in Cisco Systems, Inc. in the fourth quarter, purchasing 6,876 shares of the company’s stock valued at $347,000. Other hedge funds and institutional investors have also increased their holdings in CSCO. Valued Wealth Advisors LLC, Delos Wealth Advisors LLC, DiNuzzo Private Wealth Inc., Morton Brown Family … Read more