Stock prices are declining due to a decrease in revenue caused by an inventory correction. This adjustment in inventory levels is leading to a decrease in sales, resulting in lower profits for companies and ultimately causing stock prices to cool off. This trend is impacting the overall stock market as investors react to the decline … Read more
Cisco Systems, a network hardware giant, exceeded analyst expectations in its quarterly report, but still saw its stock decline. The revenue fell by 13% year over year, even with the help of the acquisition of Splunk, and profits also decreased by a similar amount. The company has been focusing on increasing recurring revenue and reducing … Read more
Stocks are experiencing a slowdown due to declining revenue caused by an inventory correction. This has led to a decrease in stock values as companies adjust their inventory levels. The overall market has been impacted by this trend, with investors becoming more cautious about the future performance of these stocks. This adjustment is seen as … Read more
Cisco Systems (NASDAQ:CSCO) recently released its quarterly report, exceeding analyst expectations but still facing a drop in revenue and profits. Despite 54% of its revenue coming from subscription services, Cisco struggled due to customers being overloaded with products yet to be installed, leading to decreased orders in previous quarters. However, there is hope as product … Read more
VMware has fixed a critical authentication bypass vulnerability in Cloud Director appliance deployments, a bug that was left unpatched for over two weeks since it was disclosed on November 14th. Cloud Director is a VMware platform that enables admins to manage data centers spread across multiple locations as Virtual Data Centers (VDC). The auth bypass security … Read more