Cisco beats expectations
Cisco, the networking giant, exceeded expectations in its fiscal third-quarter results, reporting a revenue of $14.6 billion, a 14% YoY growth. The company's GAAP gross margins improved to 63.4%, reinforcing confidence in ra...
DELL staffing
Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday.
According to its data, the company's staff will ...
Company stocks at the end of the week
The S&P 500 index, the broadest measure of the US stock market, moved into bear market territory on Friday before returning above that level. At the close of trading on the New York Stock Exchange (NYSE...
Schedule for the week ahead
Stocks rose at the end of a turbulent week, getting a boost from Federal Reserve Chairman Jerome Powell, who assured that more rate hikes are not yet on the table, even after the release of still serio...
After the close of trading
The US stock market ended Tuesday's trading lower on the back of negative dynamics from the health care, finance and technology sectors.
At the close on the New York Stock Exchange, the Dow Jones was down 0.26%, the S&...
Schedule for the week
Investors in the US stock market this week will be treated to important economic data on US retail sales for October. Nvidia (NVDA), Alibaba (BABA), Li Auto (LI), Lucid (LCID), Walmart (WMT), Home Depot (HD) and others will rel...
Outlook for the future.
Cisco (CSCO) shares rose slightly after the company gave a forecast to increase the share of the more profitable segment in its overall business and gave a revenue growth forecast for 2...
Stock market trading on Thursday
The Dow Jones Industrial Average US stock index fell for the third straight session on Thursday, while gains in technology stocks contributed to gains in the S&P 500 and Nasdaq.
The Dow Jones Indu...
Nvidia's earnings
The world's largest maker of graphics microchips for video games and artificial intelligence chips for data centres Nvidia Corp (NASDAQ:NVDA) on Wednesday reported second-quarter revenue...
New chip with artificial intelligence
Intel on Tuesday unveiled its "new scalable chip with embedded artificial intelligence", the 3rd generation Xeon Scalable, which can be used in local servers, peripheral computing devices, da...
US stock market
By the closing bell on the New York Stock Exchange, the Dow Jones gained 1.39%, reaching an all-time high, the S&P 500 rose 1.66% and the NASDAQ Composite rose 1.24%.
Intel Corporation (NASDAQ:INTC) was the top gainer among Dow ...
U.S. stock market
US stock indices showed no unified dynamics in Wednesday's trading, with the Dow Jones Index hitting a record high.
The Dow Jones Industrial Average climbed 61.97 points (0.2 per cent) to 31437.8 points. The Standard Poor's 500 fe...
Quarterly revenue
The fiscal year ended October 24th for the American network equipment manufacturer Cisco Systems Inc. decreased by 26% to $2.17 billion, compared to $2.93 billion in the same period a year earlier...
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