Cisco reported excellent results yesterday and announced a very strong outlook for the future. It also raised its full-year AI orders outlook from $5 billion to $9 billion. The stock reacted to these results and the positive outlook in after-hours trading with a 20% rise, which is very respectable. I don't own the shares myself, but I think Cisco is a quality company and I was... Read more
🔌Cisco gets stronger: better results, new CFO and billions of dollars in orders! Cisco $CSCO delivered a solid performance in the second quarter. It beat analysts' estimates on all key points, added an upbeat outlook, and also announced a change in CFO.
Cisco is an American technology company that is a global leader in networking, cybersecurity and communications technology. The... Read more
🚀 Key events and company results in the coming week!
💊Monday: Results Before the markets open: Bayer $BAYN.DE: The German pharmaceutical and agrochemical giant reports its quarterly earnings. The results will be of interest not only to the pharmaceutical sector, but also to agriculture-oriented investors. CEZ $CEZ.PR: Important results for all CEZ shareholders. Continental $CON.... Read more
I'll be interested in that Thursday, and otherwise there are still plenty of interesting companies that will report their results, so maybe $SPOT, $DIS or $BABA.
🚀 Cisco: rethinking strategy and strong growth potential!🌍
Cisco Systems, Inc. $CSCO is a global leader in networking technologies and solutions for communications and IT infrastructure. The company has become a key player in the market with products such as routers, switches and other networking equipment that enable reliable and secure connectivity worldwide.
📆 Overview of interesting things for the upcoming week! 🚀
The results season is slowly coming to an end, this week I'll be taking it easy and enjoying the sunny weather!
Here's a list of interesting things to look out for:
💼Tuesday: U.S. Producer Price Index (PPI): This measure of inflation in the manufacturing sector can give us a clue as to what price pressures we can expect at... Read more
🗓️Následující week in the world of investment: key news and events!
This week I'll be watching mainly macroeconomic data from the US. 📊 Of course there will be a few companies worth watching! Here's an overview of what's to come:
🚬On Monday, I'll be watching British American Tobacco's earnings before the markets open $BTI.
💬 On Tuesday, we'll have data onPPI inflation in theUS... Read more
European regulators approve Cisco's acquisition of Splunk
EU officials on Wednesday ruled that the Cisco-Splunk transaction does not raise competition concerns. $CSCO $SPLK I looked up the company about 3 months ago and it was discussed here and is quite popular. So I want to bring this topic up today for the weekend. 😊
Interesting events coming up in the coming week! 🌐📈
US Inflation (Tuesday):
On Tuesday, we will hear important data on inflation in the US. This data may influence the Fed' s decision . The expectation for the annual rate is 2,9 % and for month-on-month, growth of 0,2 %.
Thanks for the info, it's going to be quite an interesting week that will give the Fed the numbers again and investors speculation on where this could go. 😊
Another company I like at the moment is Fortinet. Their cybersecurity is one of the top in the world. 🚀
The company is headquartered in Sunnyvale, California. With the potential to take advantage of increased spending on cybersecurity, they seem poised for nice growth this year. 🌟
What about the $PANW and the drop, isn't that too much? ...I'm wondering if there is something more behind it and possibly take advantage of the drop with the purchase. 🤔
What do you think about Cisco Systems $CSCO results for Q2 2023? Revenue grew 16% year-over-year to $15.2 billion, with product revenue up 20% and services revenue up 4%. Net income on a GAAP basis grew 41% year-over-year to $4 billion, and the company earned $0.97 per share. On a non-GAAP basis, net income rose 36% to $4.7 billion and the company earned $1.14 per share. Cash... Read more
AI! The most talked about topic in the investment world lately. We had a crazy tech rally during covid. When the pandemic ended, inflation and interest rates rose and the tech. mega rally was extinguished.
Now we have a new rally! ChatGPT has left investors feeling exuberant. And a new rally is in full swing as all sorts of future AI opportunities are priced in. That's why I've... Read more
I had..... I made some profit on it and sold the position. Now I’ll probably do a little swing trade after those results :)