- Investopedia•2 hours ago
Tech leaders oppose Trump in regards to a tightening on high-skilled H1-B visas, while praising the pro-business leader on foreseen billions in tax cuts.
- Barrons.com•2 hours ago
Things start to get really hard for traditional enterprise computing vendors in 2017, writes J.P. Morgan’s Rod Hall today in a note to clients, warning that spending for “on-premise” IT stuff will begin to decline as public cloud computing takes over. Hall thinks the reduced spending, as Amazon.com (AMZN) and the cloud vendors gobble up compute cycles, could hurt Cisco Systems (CSCO) and other traditional IT vendors. "While we are currently predicting a very small 2% decline we would expect the deterioration to accelerate and begin to materially affect Cisco and other legacy vendors by 2018." Cloud computing is growing fast, with cloud revenue rising 60% this year, to $19 billion, though it only makes up 8% of total data center IT spending of $222 billion, he estimates.
- Barrons.com•3 hours ago
Shares of networking equipment vendor Arista Networks (ANET) are up $2.06, or 2%, at $95.93, on a couple of bullish Street mentions today. After talking with various parties, Moskowitz thinks Arista’s deal with Hewlett is more “impactful” than he’d suspected: We think this development sets the stage for Arista to exhibit upward momentum with both the top-line and gross margin over time. In general, enterprise customer engagements can possess better economics, given the enterprise typically exerts less purchasing power versus the cloud service provider’s greater scale.
CSCO : Summary for Cisco Systems, Inc. - Yahoo Finance
Cisco Systems, Inc. (CSCO)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||29.97 x 3400|
|Ask||29.98 x 25300|
|Day's Range||29.32 - 30.04|
|52 Week Range||22.46 - 31.95|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||14.35|
|Dividend & Yield||1.04 (3.56%)|
|1y Target Est||N/A|