CSCO - Cisco Systems, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
57.53
-0.22 (-0.37%)
As of 3:31PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close57.74
Open57.81
Bid57.60 x 1000
Ask57.61 x 3100
Day's Range57.41 - 58.07
52 Week Range40.25 - 58.26
Volume9,473,898
Avg. Volume22,040,817
Market Cap246.249B
Beta (3Y Monthly)1.03
PE Ratio (TTM)19.96
EPS (TTM)2.88
Earnings DateAug 14, 2019
Forward Dividend & Yield1.40 (2.45%)
Ex-Dividend Date2019-07-03
1y Target Est58.91
Trade prices are not sourced from all markets
  • 3 Tech Stocks for Dividend Investors to Buy in July
    Zacks2 hours ago

    3 Tech Stocks for Dividend Investors to Buy in July

    Check out these three dividend-paying tech stocks that hold a Zacks Rank 2 (Buy) or better at the moment...

  • TheStreet.com10 hours ago

    Cisco: An Old-Tech Name Providing Growth at a Reasonable Price

    Cisco stock is up 31% year to date. This old-tech name has reinvented itself. The valuation is attractive and the stock offers investors a defensive position bolstered by strong cash flows and returns.

  • Bloomberg13 hours ago

    Netflix’s Indian Ambitions Face a Wall of Cheaper Rivals

    (Bloomberg) -- Netflix Inc., whose shares plunged after it reported the worst drop in U.S. users since 2011, is looking for new subscriber growth in India, a rapidly expanding streaming market. Trouble is, so are a raft of ambitious local players with cut-rate programming packages.Already wrestling with global giants such as Walt Disney Co. and Amazon.com Inc., Netflix now also contends with broadcasters and Bollywood powerhouses allied with billionaire-backed wireless carriers, who are luring users with free offers or as low as 40 cents a month. That tactic has put them directly in the India growth path of the world’s largest paid online streaming service.The intense competition could derail Chief Executive Officer Reed Hastings’s goal of 100 million customers in India -- almost 25 times Netflix’s estimated subscriber base there this year. The world’s second-most populous country is a priority for the streaming service, which is effectively blocked in China. The second-quarter loss of 130,000 users in the U.S., reported Wednesday, makes winning in India all the more pressing.Netflix shares fell 10%, the most in three years, to close at $325.21 in New York trading Thursday. That knocked about $16.3 billion off its market value.With a growing number of smartphones and a surge in the use of broadband, India has become a battleground for streaming services. Cisco Systems Inc. has estimated the country will have 829 million smartphone users by 2022, from a projected half a billion this year.“We are seeing a nice, steady increase in engagement with Indian viewers that we think we can build on,” Netflix Chief Content Officer Ted Sarandos said on a call with analysts Wednesday. “Growth in that country is a marathon. We’re in it for the long haul.”India’s video-on-demand market could grow to $5 billion by 2023 from $500 million last year, estimates researcher Boston Consulting Group. Paying subscribers will probably rise to as many as 50 million, while users of advertising-supported video-on-demand will reach 600 million, BCG predicts.Netflix has amassed more than 150 million subscribers worldwide, giving it the largest paid customer base. The U.S., Brazil and Canada are three of its largest markets, while Australia is the company’s biggest success story in the Asia-Pacific region. India differs from most of these markets, however, in its population’s sensitivity to price.The Los Gatos, California-based firm has responded to competition in India by offering a mobile-only service at less than half the typical subscription price, and by raising spending on local content faster than in any other market.While it’s still lagging behind Amazon Prime and Disney’s Hotstar, the price cuts are helping it outpace the growth of its biggest rivals, while raising questions about sustainability and margins. Hotstar built its base by streaming cricket matches that are wildly popular in the former British colony.Netflix will probably almost triple subscribers in India this year to 4.1 million, within striking distance of Amazon Prime’s 4.4 million, according to estimates by researcher IHS Markit. That’s faster than Amazon or Hotstar Premium, two of Netflix’s biggest competitors. Some other estimates put Netflix’s base in India at between 1 million and 2 million. The company doesn’t provide data for individual markets.“Netflix is in a land grab to capture as many subscribers as possible, whatever the price,” said Michael Pachter, a managing director at Wedbush Securities Inc. “The less they charge, the more cash they are likely to burn.”The company spooked investors Wednesday with a report that it lost subscribers in the U.S. and signed up only 2.8 million internationally in the three months ended June, roughly half its own prediction.It also reported its 20th quarter of negative free cash flow as it spends on adding content and replacing series and films being pulled from its platforms by competitors like Disney.While Netflix is speeding up its investment, Indian rivals including Zee Entertainment Enterprises Ltd. and Balaji Telefilms Ltd. are betting on bundling their content with mobile phone services. The TV network and Bollywood producer are allying with billionaire Mukesh Ambani’s Jio wireless service and Bharti Airtel Ltd., two of the country’s three biggest carriers, to offer decades of content to subscribers.Free AccessZee, parent of the country’s largest private broadcast network, offers movies, exclusive TV content and more than 90 live channels on its ZEE5 platform with content across 12 languages for as little as 70 cents a month. Partial access to the platform is free to subscribers of mobile phone carrier Bharti Airtel, controlled by billionaire Sunil Mittal. Users of Airtel’s plans priced at $7.25-a-month or more get full access to ZEE5 free.Ambani’s Reliance Jio Infocomm Ltd., which elbowed its way into the country’s mobile phone business three years ago with free calling and low-priced data services, has jumped into film and TV streaming, including a tie-up with Balaji Telefilms.Sunil Lulla, chief executive officer of Balaji Telefilms, said the company’s service ALTBalaji is focused on producing exclusive content in Hindi, the country’s most-used language.Other local entrants in India’s OTT, or “over-the-top,” market include Disney’s Hulu, Sony Corp.’s Sony LIV, Network 18 Media & Investments Ltd.’s Voot and Bollywood filmmaker Eros International Plc.’s Eros Now. *Mobile-only subscriptionSource: Counterpoint Technology Market ResearchNetflix’s global rival Amazon is also counting on India for growth and is prepared to take time to draw users.“We have a very long-term view for India, with a billion film-crazy people,” said Gaurav Gandhi, director and head of business for Amazon Prime Video, India. “In the next four to five years, there will be more screens connected to the internet and we are looking at distributing across all platforms with personalized and quality video content at affordable prices.”Pricing will also be crucial for Netflix. After introducing a promotional offer of about $3.65 a month for mobile-only users, Netflix decided to make the lower price permanent as “an opportunity to broaden access to the service,” Greg Peters, chief product officer, said Wednesday.Torrent Downloads“Pricing is going to be the biggest challenge,” said Hanish Bhatia, senior analyst at Counterpoint. “Indian users have not accepted the idea of paying for content yet. Two to three years back, everybody relied on torrent,” the free protocol that lets users share and download films and TV shows without paying for them, Bhatia said.Netflix didn’t disclose how much it’s spending on local content in India. It did announce the addition of five series, two of which are being produced by superstars Shah Rukh Khan and Anushka Sharma.“Netflix wants to have one big original, almost like a new Bollywood movie, coming out every month,” said Mihir Shah, vice president (India) at Media Partners Asia, a consulting firm. “In India, people pay for Bollywood. Netflix is hoping that if people are willing to pay $10 to watch a movie together as a family, they will also subscribe.”(Adds names of more local rivals in 19th paragraph)To contact the reporters on this story: P R Sanjai in Mumbai at psanjai@bloomberg.net;Lucas Shaw in Los Angeles at lshaw31@bloomberg.net;Sheryl Tian Tong Lee in Hong Kong at slee1905@bloomberg.netTo contact the editors responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Dave McCombs, Jodi SchneiderFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 3 Stocks With a Great History at Earnings Season
    Zacksyesterday

    3 Stocks With a Great History at Earnings Season

    3 Stocks With a Great History at Earnings Season

  • InvestorPlace2 days ago

    3 Cybersecurity ETFs With Loads of Growth Potential

    Cybersecurity stocks and the related exchange-traded funds (ETFs) are on torrid paces this year. The ETFMG Prime Cyber Security ETF (NYSEARCA:HACK), the oldest cybersecurity ETF on the market, is up nearly 24% and a confluence of factors bode well for continued upside among stocks residing in this corner of the technology sector.Earlier this month, cybersecurity stocks and ETFs like HACK surged on news that semiconductor giant Broadcom (NASDAQ:AVGO) is continuing its quest to diversify its product mix away from chips by acquiring cybersecurity purveyor Symantec (NASDAQ:SYMC).While many investors may prefer traditional, diversified technology ETFs to cybersecurity fare, there are sound fundamental reasons to consider cybersecurity ETFs for the long haul. After all, cybersecurity ETFs provide exposure to one of the truly riveting exponential growth trends on the market today.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"In 2004, the global cybersecurity market was worth $3.5 billion -- and in 2017 it was expected to be worth more than $120 billion. The cybersecurity market grew by roughly 35X over 13 years entering our most recent prediction cycle," according to CyberSecurity Ventures. "Worldwide spending on information security (a subset of the broader cybersecurity market) products and services exceeded $114 billion in 2018, an increase of 12.4 percent from 2017, according to Gartner, Inc. For 2019, they forecast the market to grow to $124 billion, and $170.4 billion in 2022." * 10 Best Cryptocurrencies to Keep on Your Radar In addition to HACK, here are some other cybersecurity ETFs to consider. iShares Cybersecurity and Tech ETF (IHAK)Expense Ratio: 0.47%, or $47 annually per $10,000 investedThe iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) is just over a month old, making it the newest cybersecurity ETF, but it has a feather in its cap: it is also one of the cheapest cybersecurity ETFs on the market. This rookie fund tracks the NYSE FactSet Global Cyber Security Index and holds almost 40 stocks with Symantec being its largest holding.While IHAK is a new cybersecurity ETF, it is one with potential for patient investors and one that may just be at the right place at the right time."The unprecedented cybercriminal activity we are witnessing is generating so much cyber spending, it's become nearly impossible for analysts to accurately track," notes Cybersecurity Ventures. "We anticipate 12-15 percent year-over-year cybersecurity market growth through 2021, compared to the 8-10 percent projected by several industry analysts."At the industry level, IHACK features exposure to providers of cybersecurity hardware, software, products and services. BlueStar Israel Technology ETF (ITEQ)Expense Ratio: 0.75%The BlueStar Israel Technology ETF (NYSEARCA:ITEQ) has gained some acclaim for being an excellent way of bringing international diversity to technology investing. While ITEQ is positioned as a diversified technology fund, it is also very much a cybersecurity ETF because Israel is one of the world's leaders when it comes to cybersecurity services and software."Investments in cybersecurity firms in Israel crossed the $1 billion mark for the first time in 2018 as interest by foreign investors surged, a January report by Start-Up Nation Central, which tracks Israel's tech industry, showed," reports The Times of Israel. "Israel's cyber industry is second only to that of the US, taking 20 percent of the overall venture-backed cyber investments worldwide, according to an analysis of PitchBook and Start-Up Nation Central databases." * 7 Best of the Best Fidelity Funds to Buy ITEQ's technology focus is a difference maker. The quasi-cybersecurity ETF is up nearly 28% year-to-date, nearly double the returns of the MSCI Israel Index. First Trust Nasdaq Cybersecurity ETF (CIBR)Expense Ratio: 0.60%The First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the second cybersecurity ETF on the scene, and, today, the fund has nearly $1 billion in assets under management. CIBR, which turned four years old earlier this month, follows the Nasdaq CTA Cybersecurity Index. CIBR holds 44 stocks with a median market value of $3.26 billion, indicating the fund tilts toward smaller mid-cap fare.That said, this cybersecurity ETF is home to some large-cap technology names, including Cisco Systems (NASDAQ:CSCO) and Palo Alto Networks (NASDAQ:PANW). Five industry groups are represented in CIBR, but the fund devotes over 56% of its weight to software makers. That is a good thing due to the rapid growth expected in the cybersecurity software market.Additionally, many cybersecurity software makers are linked to cloud computing, another fast-growing tech segment. Due to the intersection of cloud computing and cybersecurity software, many of the companies operating in this sphere are appealing acquisition targets for larger, cash-rich technology companies. With software powering cybersecurity growth, CIBR remains a practical, long-term option among cybersecurity ETFs.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Cybersecurity ETFs With Loads of Growth Potential appeared first on InvestorPlace.

  • Is Cisco Systems (CSCO) Outperforming Other Computer and Technology Stocks This Year?
    Zacks2 days ago

    Is Cisco Systems (CSCO) Outperforming Other Computer and Technology Stocks This Year?

    Is (CSCO) Outperforming Other Computer and Technology Stocks This Year?

  • 3 Dow Jones Stocks to Buy for the Next Decade
    InvestorPlace3 days ago

    3 Dow Jones Stocks to Buy for the Next Decade

    The Dow Jones Industrial Average may be a fundamentally flawed index in terms of how it's weighted -- choosing to use price rather than the market cap -- but in terms of what companies are in the index, the Dow Jones can't be beat. Dow Jones stocks represent the "Bedrock of America" and some of the most important companies on the planet. There's a reason why financial media still quotes the close and movements of the Dow Jones Industrial Average.However, some of the thirty Dow Jones stocks are better than others. This is especially true when looking at what names will still be in the index down the road and continuing to lead in the world of business.Some Dow stocks feature very forward-looking businesses models and operations. It's these firms that will still be alive and kicking far into the future. And it's here that investors can score on some future potential and the gains and dividends that come with it. In the end, while the Dow is still important, but some stocks within the index are just better than others.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Monthly Dividend Stocks to Buy to Pay the Bills With all of that said, you might be wondering: Which Dow Jones stocks have the best long-term potential? Here are three of the best stocks to buy from the index. Visa (V)Source: Shutterstock When it comes to long-term bets with the Dow Jones stocks, Visa (NYSE:V) has to be at the top of the list. The firm is one of the biggest plays on the continued shift toward a cashless society. And as one of the oldest and largest names in the space, V continues to dominate as we reach for plastic rather than cash.The reason is Visa's business model. The firm functions as a toll-road and collects fees from merchants, banks and other institutions every time someone uses a credit or debit card. V simply operates a secured payment network and moves money from one account to another. So, despite having a Visa logo on your credit card, V itself isn't issuing credit or lending you money.This middleman position is incredibly important for the future. More transactions continue to hit Visa's network. Over the first three months of the year, Visa processed more than 47 billion transactions. This was a 9% year-over-year jump and it's only growing further. With online commerce and fewer people using cash, Visa will be the dominant force going forward. The firm also continues to make inroads into additional services to keep upstarts like PayPal (NASDAQ:PYPL) at bay.The best part of all of this is that V features very fat margins and amazing cash flow growth. More transactions on its network simply mean bigger profits for the firm. And it continues to share those profits with its investors -- growing its dividend by 850% over the last decade.The future cashless society will run on Visa. That fact makes one of the best Dow stocks to buy for the long haul. Disney (DIS)Source: Shutterstock Let's be honest, as long people have children, Disney (NYSE:DIS) is going to be making money hand over fist. And lately, DIS has plenty of reasons to underscore that fact.For one thing, its buyout of 21st Century Fox created a media powerhouse. This brought many major movie and T.V. franchises under one roof. And if anybody can monetize that content through a variety of channels, it's Disney. And one of those ways will be its new streaming services.Disney has already begun pulling its shows and movies from rival streaming services in order to make them exclusives to its new Disney+ service. That's big because the vast of streaming is kids programming. With the complete Disney, Lucasfilm, Marvel and Pixar movie libraries as plenty of its original programming content from the Disney Channel, Disney+ will be the go-to channel for parents looking for entertainment.When you combine with the firm's new moves in its park and recreation divisions -- such as Star War's Galaxy Edge -- as well as continued movie development from its studios, there's a lot to like about DIS stock for the long haul. And we've already begun to see those results. Just take a look at Disney's record second-quarter earnings. Those great results don't even take into account streaming yet. * 7 ETFs With Oodles of Diversification For investors, DIS stock is a perfect blend of growth for the long haul. Cisco (CSCO)Source: Shutterstock These days, that famous scene in The Graduate wouldn't be about plastics, but about the cloud. Cloud computing, networking, the app economy continues to reshape how businesses and consumers do, well, everything. Which is why Dow Jones stock, Cisco (NASDAQ:CSCO) continues to be an amazing long-term pick.CSCO's bread-n-butter remains networking and communications equipment. It still builds all the switches routers, modems and other guts needed to make modern data centers and the internet/cloud computing function. This isn't a bad business to be in as data center demand continues to grow. Analysts at Jones Lang LaSalle estimate that data center demand will double by 2021 as cloud adoption grows. That will send plenty of money Cisco's way.But the ace up Cisco's sleeve has to be its newfound focus on services and software.The firm now offers plenty of tangential products designed to go along with networking. They can not only build you a network but secure it, offer data analytics and other similar products to look after this equipment. These services often come with long subscription times and very fat margins. It's here, that CSCO has quickly become a cash cow and one of the best dividend stocks in the technology sector.Its approach on both equipment and services sales, coupled with rising overall data center demand, CSCO has the goods to keep growing far into the future.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Dow Jones Stocks to Buy for the Next Decade appeared first on InvestorPlace.

  • The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise
    Zacks3 days ago

    The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise

    The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise

  • Fortinet to Secure Canadian Government's Perimeter Services
    Zacks3 days ago

    Fortinet to Secure Canadian Government's Perimeter Services

    Fortinet (FTNT), which already protects the IT infrastructure of the Canadian government, will provide cloud and data center services to Shared Services Canada and its clients to protect Internet edge.

  • An Acquisition Molds Extreme Networks Into a Cloud Leader
    Motley Fool3 days ago

    An Acquisition Molds Extreme Networks Into a Cloud Leader

    Buying Aerohive Networks helps Extreme Networks' position in cloud networking software and creates a path to increased profitability.

  • Cisco Systems (CSCO) Outpaces Stock Market Gains: What You Should Know
    Zacks4 days ago

    Cisco Systems (CSCO) Outpaces Stock Market Gains: What You Should Know

    Cisco Systems (CSCO) closed at $58.05 in the latest trading session, marking a +0.17% move from the prior day.

  • Top Stock Reports for Cisco, Home Depot & Merck
    Zacks4 days ago

    Top Stock Reports for Cisco, Home Depot & Merck

    Top Stock Reports for Cisco, Home Depot & Merck

  • 3 Breakout Stocks to Buy
    InvestorPlace4 days ago

    3 Breakout Stocks to Buy

    Last week's gallery on breakout stocks to buy delivered big-league profits. So we're returning to the well for three more candidates that boast price charts brimming with potential.This week's targets are inspired in large part by the S&P 500, which closed at a new record high of $3,013.77 on Friday. Nothing brings buyers to the yard like a major index touching its highest price in history. It reveals optimism and a risk-on attitude.Last week's demand surge was aided in part by Federal Reserve Chair Jerome Powell's testimony before Congress that all but confirmed the market's expectation for a rate cut at the upcoming July 31 meeting. Betting markets peg the odds of a quarter-point cut at 72% and a half-point cut at 28%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dependable Dividend Stocks to Buy Without further ado, check out these three breakout stocks to buy. 3 Breakout Stocks to Buy: Cisco (CSCO)Source: ThinkorSwim Friday's rally for Cisco (NASDAQ:CSCO) succeeded where its predecessor did not. Last month's breakout attempt over $57.50 was met with rejection and sharp selling. Friday's bid, however, powered through the ceiling and closed at a new 52-week high.With the gain, CSCO stock officially ended its three-month consolidation zone and signaled that the next stage of its uptrend is upon us. I'd use $60 as the first upside target. It would take a break below the 50-day moving average at $55 to invalidate the bullish backdrop. So until then, the path of least resistance is higher.At 41%, the implied volatility rank is fiddling in the middle of its range. Couple that with earnings coming over the next month, and I think bull call spreads are the way to go.Buy the Sep $57.50/$60 bull call spread for around $1.20. Home Depot (HD)Source: ThinkorSwim Home Depot (NYSE:HD) was one of the best stocks on the board Friday. The retailer surged 2% on heavy volume to a new all-time high. On the technical front, there's nothing not to like about its price action. The 20-day and 50-day moving averages are trending higher to confirm buyers' dominance of the short- and intermediate-term trends.A few accumulation days have cropped up over the past two weeks to signal institutions are wading into the waters. As far as options go, implied volatility is in the basement revealing an utter lack of uncertainty in the stock. That means prices for derivatives are dirt cheap. Long calls and call spreads offer great low-risk, high-reward bets right now. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond If you think the good times continue to roll, then buy the Sep $220/$230 bull call spread for around $3.75. Spotify (SPOT)Source: ThinkorSwim Last week's rally ushered Spotify (NYSE:SPOT) to the cusp of a clear breakout zone. In fact, SPOT stock looks better than at any time since last year's IPO. This summer's recovery pushed shares of the streaming music service back above all its major moving averages for the first time.The base built throughout 2019 should serve as a solid foundation to build an uptrend from if buyers decide to press their advantage here.If SPOT can clear $155, look for a run toward the next ceiling of $170. To capitalize, buy the Oct $160/$170 bull call spread for around $3.30.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 3 Breakout Stocks to Buy appeared first on InvestorPlace.

  • Why Big Tech Stock Buybacks May Be Slowing
    Investopedia5 days ago

    Why Big Tech Stock Buybacks May Be Slowing

    Heavy buyback action has contributed to outperformance by tech stocks in 2019, but the cash available for future share repurchases is running low.

  • IBD Stock Of The Day Ciena Looks To Gain From Industry Consolidation
    Investor's Business Daily7 days ago

    IBD Stock Of The Day Ciena Looks To Gain From Industry Consolidation

    Telecom gear supplier Ciena is the IBD Stock Of The Day. Ciena is trading near an 11-year high after the Cisco Systems acquisition of Acacia Communications raised the profile of its peers.

  • 3 Internet of Things Stocks to Buy for July
    Zacks7 days ago

    3 Internet of Things Stocks to Buy for July

    Today we've highlighted three, Zacks buy-ranked stocks with growing IoT businesses that investors might want to consider at the moment...

  • American City Business Journals7 days ago

    Report: Life science sees robust IPO activity in Q2, VCs still bet on AI tech

    The New England region grabbed 8.9 percent of second quarter deal count and 8.9 percent of second quarter deal value, according to a new report.

  • Dow Breezes Past 27,000: 5 Stocks That Drove ETF
    Zacks7 days ago

    Dow Breezes Past 27,000: 5 Stocks That Drove ETF

    The Dow Jones topped 27,000 for the first time in its history.

  • Cisco Systems Stock Could Test 19-Year Resistance
    Investopedia7 days ago

    Cisco Systems Stock Could Test 19-Year Resistance

    Cisco shares look set to mount resistance in the $50s and take a giant step toward 2000's all-time high.

  • Dow Breezes Past 27,000: 4 Blue-Chip Stocks to Buy
    Zacks7 days ago

    Dow Breezes Past 27,000: 4 Blue-Chip Stocks to Buy

    The 30-stock index closes above the 27,000 mark for the first time. It took nearly 372 days for the blue-chip index to cross the 27,000 mark from when it reached the 26,000 mark in January 2018.

  • Stock Market Hits Record High On Fed Chief Powell; Cisco Buys Acacia, Delta Earnings Top, Cigna Flies On Rebate Rule Reversal: Weekly Review
    Investor's Business Daily7 days ago

    Stock Market Hits Record High On Fed Chief Powell; Cisco Buys Acacia, Delta Earnings Top, Cigna Flies On Rebate Rule Reversal: Weekly Review

    The stock market hit highs this week as Fed chief Jerome Powell signaled a July 31 Fed rate cut. Cisco will buy Acacia, Delta earnings beat, Cigna soared on a drug rebate rule reversal.

  • Dow 30 Stock Roundup: Cisco to Buy Acacia, Microsoft & ServiceNow Partnernership
    Zacks7 days ago

    Dow 30 Stock Roundup: Cisco to Buy Acacia, Microsoft & ServiceNow Partnernership

    The index endured a turbulent week but gained after the Fed Chair indicated that a rate was likely later this month.

  • How much sense does Cisco’s $2.6B Acacia acquisition make? Analysts weigh in on Chuck Robbins' second-biggest buy
    American City Business Journals8 days ago

    How much sense does Cisco’s $2.6B Acacia acquisition make? Analysts weigh in on Chuck Robbins' second-biggest buy

    Analysts are somewhat split on how much sense the deal makes. It would be Cisco's second-biggest under CEO Chuck Robbins.

  • Navigating the Benefits and Hurdles of Cisco’s Acacia Acquisition
    Market Realist8 days ago

    Navigating the Benefits and Hurdles of Cisco’s Acacia Acquisition

    Cisco Systems has decided to acquire its supplier Acacia Communications for ~$2.6 billion in cash. How will each company benefit?

  • How consumer confidence will 'continue to climb' with China trade deal and Fed rate cut
    Yahoo Finance Video3 days ago

    How consumer confidence will 'continue to climb' with China trade deal and Fed rate cut

    U.S. retail sales beat expectations in June, climbing 0.4% last month. Jimmy Lee, CEO of The Wealth Consulting Group, joins Seana Smith on 'The Ticker' to discuss.