Nvidia stock experienced a small pullback, dropping 6.7% after hitting an all-time high last week. Despite this decline, the stock is up significantly year-to-date and over the past three years. It is important to note that setbacks are normal in the stock market, and Nvidia’s recent pullback does not indicate a change in the company’s … Read more
Cisco Talos researchers have uncovered an ongoing campaign by a threat actor known as SneakyChef, using the SugarGh0st malware since August 2023. The campaign has expanded its targets from South Korea and Uzbekistan to include countries in EMEA and Asia, using lures resembling scanned documents from government agencies. The team discovered a new infection chain … Read more
Cisco remains optimistic about its relationship with Chinese electric vehicle manufacturers despite rising trade tensions. The company is currently collaborating with at least 10 electric car customers as they expand internationally. Despite tariffs on Chinese EV imports by the US and potentially the EU, companies like BYD are continuing to invest in local factories. Cisco’s … Read more
Global Assets Advisory LLC recently acquired 67,004 shares of Cisco Systems, Inc. during the first quarter, adding to their total holdings in the network equipment provider. This acquisition was valued at approximately $3,344,000. Other hedge funds such as Valued Wealth Advisors LLC and Delos Wealth Advisors LLC have also increased their stakes in Cisco Systems … Read more
Nvidia is facing challenges that could potentially lead to a similar fate as Cisco or Intel. Investors should be aware of these issues as they consider their investment decisions. One of the main concerns for Nvidia is the cyclical nature of the market. As with any technology company, Nvidia is subject to changes in demand … Read more
American tech giant Cisco has been optimistic about its business with Chinese electric car companies expanding globally. Cisco’s Greater China head stated that electric vehicles are the company’s second largest segment in the region, with the majority of revenue coming from manufacturing companies, particularly electric cars. Despite trade tensions and increased tariffs on Chinese electric … Read more
Cisco and Splunk have announced a definitive agreement for Cisco to acquire Splunk. This move will help organizations shift towards threat prediction and prevention, accelerating Cisco’s business transformation. The acquisition is expected to be cash flow positive and gross margin accretive in the first fiscal year post-close, and non-GAAP EPS accretive in year 2. The … Read more
Cisco will hold a conference call on Wednesday, May 15, 2024, to announce their third-quarter fiscal 2024 financial results. The call is scheduled for 1:30 pm PT and 4:30 pm ET. The financial results will be published via PR Newswire after the market closes on May 15, 2024. Investors can listen to the call by … Read more
Despite overall market losses for the day, Cisco Systems Inc. stock managed to outperform its competitors. The company, which specializes in networking hardware, software, and telecommunications equipment, saw its stock price hold steady or even increase while many other tech stocks experienced declines. Cisco’s strong performance can be attributed to a number of factors, including … Read more
American tech giant Cisco Systems is expanding its presence in Japan to assist the government and businesses in enhancing their cybersecurity defenses against hackers. CEO Chuck Robbins sees Japan as a key battleground in the fight against cyberattacks, with a focus on cybersecurity, digital transformation, artificial intelligence, and technology. In response to the rising threat … Read more