Forecast

Cisco reveals plan to cut thousands of jobs as it beats earnings forecast – SiliconANGLE

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Cisco reveals plan to cut thousands of jobs as it beats earnings forecast – SiliconANGLE

Shares of Cisco Systems Inc. rose in extended trading today after the networking company said it’s cutting 7% of its global workforce and reported quarterly financial results that topped analysts’ estimates. The layoffs, which are the… Article Source https://siliconangle.com/2024/08/14/cisco-reveals-plan-cut-thousands-jobs-beats-earnings-forecasts/

S&P 500 Forecast: Tesla, Nvidia, and Treasury Yields Shape Short-Term Market Outlook

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S&P 500 Forecast: Tesla, Nvidia, and Treasury Yields Shape Short-Term Market Outlook

Subscribe To Notifications Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research… Article Source https://www.fxempire.com/forecasts/article/tesla-nvidia-and-treasury-yields-shape-short-term-market-outlook-1470243

Broadcom Suffers Worst Rout Since 2020 on Disappointing Forecast

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Broadcom Suffers Worst Rout Since 2020 on Disappointing Forecast

(Bloomberg) — Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, suffered its worst stock rout in four years after giving a disappointing sales forecast, hurt by the parts of its business that aren’t tied to artificial… Article Source https://finance.yahoo.com/news/broadcom-gives-tepid-forecast-sign-203930509.html

Nvidia, AMD Tumble as ASML Cuts 2025 Forecast, Sparking Concerns in Chip Sector

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Nvidia, AMD Tumble as ASML Cuts 2025 Forecast, Sparking Concerns in Chip Sector

Daily E-mini Nasdaq 100 Index FuturesThe tech-heavy Nasdaq Composite dropped 0.8%, while the S&P 500 and Dow Jones each fell 0.3%, reflecting the market’s broader concerns about chip demand. Strong Q3 Earnings Overshadowed Despite the negative… Article Source https://www.fxempire.com/news/article/nvidia-amd-tumble-as-asml-cuts-2025-forecast-sparking-concerns-in-chip-sector-1468790