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3 Cheap Tech Stocks to Buy Right Now
The Motley Fool· 2024-02-13 01:15
Many tech stocks soared over the past year as interest rates stabilized and investors eagerly rushed toward AI-related stocks in anticipation of a major AI boom. However, that buying frenzy also inflated some tech stocks' valuations to historical highs.So for investors who are wary of buying the market's priciest tech stocks, it might be a good idea to look for the cheaper value plays that pay steady dividends instead. I believe three underappreciated blue chip stocks fit the bill: IBM (IBM -0.28%), AT&T (T ...
Cisco to cut thousands of jobs: report
Fox Business· 2024-02-12 23:15
Cisco is planning to cut thousands of jobs as it restructures its business, according to a report. The San Jose, California-based network giant is trying to turn its focus on high-growth areas, sources familiar with the matter told Reuters. However, the exact number of layoffs hasn't been determined yet, a source said.As of July 2023, the company had approximately 84,900 employees globally, according to the company's annual report. LAYOFFS SURGED 136% IN JANUARY TO SECOND-HIGHEST LEVEL ON RECORDRepresentat ...
Cisco Layoffs 2024: What to Know About the Latest CSCO Job Cuts
InvestorPlace· 2024-02-12 22:36
Cisco (NASDAQ:CSCO) layoffs are coming for employees of the internet communications company as it prepares for major job cuts in the near future.According to recent reports, Cisco is looking at laying off thousands of employees. However, the company hasn’t decided on the exact number of roles that will be reduced. The report says that an announcement could come sometime this week as the company is getting ready to report earnings on Wednesday.Insiders close to the matter claim that these Cisco layoffs will ...
Cisco To Fire Thousands
24/7 Wall Street· 2024-02-10 19:52
Cisco To Fire Thousands Alexander Koerner / Getty Images News via Getty Images Cisco (NASDAQ: CSCO) is set to fire thousands of workers, according to Reuters. The router company has about 65,000 workers.Cisco joins Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG), and Meta (NASDAQ: META) as huge tech companies with pruned headcounts. Usually, the reason given is that they hope to be more “efficient.” This implies that they overhired at some point. Another reason for the cuts is that AI can do work once d ...
3 Strong Buy Dow Stocks to Add to Your February Must-Watch List
InvestorPlace· 2024-02-10 06:13
One of the best ways to spot opportunities in strong buy Dow stocks is with the Dogs of the Dow strategy. At the end of every year, you simply buy the top 10 worst-performing stocks on the Dow, which also have respectable dividends. Over the year, you collect yield and hopefully benefit from Dow stock recoveries. Usually, the strategy works out well.For example, in 2023, the top Dogs returned 10.4% compared to the Dow Jones average return of 14.4%. In 2022, the Dogs returned 2.2%, outperforming the Dow’s -8 ...
Cisco to lay off thousands in restructuring: report
Market Watch· 2024-02-10 02:19
思科公司裁员计划 - 思科系统计划裁员数千人,以重组业务,更专注于高增长市场[1] - 思科在2023财年拥有全球84,900名员工[2] - 思科在报告季度业绩表现优异后,股价下跌10%,给出了低于预期的财季第二季度营收指引,并降低了全年营收预测[2]
Cisco (CSCO) to Report Q2 Earnings: Key Factors to Consider
Zacks Investment Research· 2024-02-10 00:41
Cisco Systems (CSCO) is set to release its second-quarter fiscal 2024 results on Feb 14.The company anticipates second-quarter fiscal 2024 revenues between $12.6 billion and $12.8 billion. Non-GAAP earnings are expected to be between 82 and 84 cents per share.The Zacks Consensus Estimate for revenues is pegged at $12.72 billion, indicating a decline of 6.38% from the year-ago quarter’s reported figure.The consensus mark for earnings has decreased by a penny in the past 30 days to 84 cents per share.CSCO’s e ...
Unlocking Q2 Potential of Cisco (CSCO): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-09 23:21
Wall Street analysts expect Cisco Systems (CSCO) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year decline of 4.6%. Revenues are expected to be $12.72 billion, down 6.4% from the year-ago quarter.The current level reflects a downward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a com ...
Down 6% In Last 3 Months, Will Cisco Stock See A Recovery Following Q2 Results?
Forbes· 2024-02-08 20:00
BARCELONA, SPAIN - JANUARY 30: A logo sits illuminated outside the Cisco booth at ISE 2024 on ... [+] January 30, 2024 in Barcelona, Spain. This year the 20th edition of Integrated Systems Europe (ISE) is being held, the sixth in Barcelona. The hall occupies the entire surface of the Fira Gran Via exhibition center with 82,000 square meters, 30% more than last year. This year there are 1,340 exhibitors and more than 90,000 visitors are expected to attend. (Photo by Cesc Maymo/Getty Images)Getty ImagesCisco ...
3 Mega-Trend Stocks to Boost Your Portfolio by 2028
InvestorPlace· 2024-02-08 01:36
NVIDIA数据中心驱动 - NVIDIA的数据中心驱动核心是HGX平台,基于Hopper Tensor Core GPU架构,推动了创纪录的收入增长[5] - NVIDIA的数据中心计算收入同比增长四倍,强调了对加速计算基础设施的依赖[7] - NVIDIA在培训和推理大型语言模型、深度学习、推荐系统和生成式AI应用方面的基础设施投资进一步推动了其增长[8][9] Cisco业绩表现 - Cisco在2024年第一季度取得了历史上最强劲的第一季度业绩,收入达到指导范围的上限,同比增长8%[11] - Cisco的非GAAP毛利率超过17年来的最高水平,显示了其业务模式转型的领先地位和对运营卓越的关注[12] - Cisco通过现金股利和股票回购向股东返还28亿美元,展示了公司为投资者创造价值的重点[13] Tesla自动驾驶技术 - Tesla发布了全自动驾驶的完整架构重写版本,展示了其在推进自动驾驶技术方面的领先地位[17] - Tesla声称是全球最高效的AI推理公司,其在全自动驾驶方面的进展有助于提高安全性和效率,增强客户体验[19] - Tesla计划在2025年底生产下一代车辆,预计在2024年投资超过100亿美元,显示了其对投资增长项目和尖端制造的关注[20] - Tesla在第四季度的年化产量接近200万辆汽车,显示了其专注于利用不断增长的电动汽车需求[22]