CSCO Stock Recent News

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The Nasdaq 100 closed lower by over 300 points during Thursday's session. Investors, meanwhile, focused on some notable insider trades.

SAN JOSE, Calif. , Aug. 23, 2024 /PRNewswire/ -- Cisco today announced that it will host and/or participate in the following events with the financial community in August and September.

If you are a Cisco (NASDAQ:CSCO) investor and took advantage of its recent run-up following the company's better-than-expected Q4 FY'24 results, it may be time to look elsewhere. As of this moment, we find TC Energy (NYSE:TRP) – an operator of energy infrastructure in Canada, the United States, and Mexico, and AerCap Holdings (NYSE:AER) – an aviation leasing company, as more attractive buys than Cisco.

Key Points: Mass layoffs, especially in tech, are tied to companies missing out on the AI boom.

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month.

Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Data Security Posture Management Market: Focus on Application, End-use, Type, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering. The data security posture management market is undergoing significant growth, propelled by various key factors and market drivers. A primary driver for the growth in the data security posture management market is the escalating frequency and sophistication of cyber threats targeting organizations worldwide. The proliferation of digital technologies and interconnected systems has led to businesses facing increasingly complex security challenges, such as data breaches, ransomware attacks, and insider threats. Consequently, there is a heightened awareness among enterprises regarding the importance of maintaining a robust security posture to safeguard their sensitive data and critical assets from cyber adversaries. The rising emphasis on regulatory compliance an

Cisco Systems reported a strong end to FY24 with sequential growth in networking equipment sales as customer inventory digestion occurs. Management laid out the groundwork for the next generation of Cisco as the firm undergoes a major restructuring to enhance their AI networking capabilities. Despite a dimming macroeconomic environment, Cisco is well-positioned for growth as enterprises invest in faster bandwidth capabilities for AI/ML testing and inferencing.

Evaluate Cisco's (CSCO) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Recently, Zacks.com users have been paying close attention to Cisco (CSCO). This makes it worthwhile to examine what the stock has in store.