Cisco, Okta, Paramount earnings: What to expect
Yahoo Finance Live anchors Julie Hyman, Brian Sozzi, and Brad Smith discuss the expectations for Cisco, Okta, and Paramount earnings.
Video Transcript
BRAD SMITH: We've got a big week on tap. Let's start with Cisco, who reports earnings before the bell tomorrow. We're going to speak with the CFO, Scott Herren. That's going to be in the morning. Looking forward to that conversation here on Yahoo Finance. And for Cisco, I think among the client base and the portfolio clients that they've already been able to tout to the Street, it's just a question of how do you continue to sell into that portfolio of clients, especially at a time where a lot of corporations are looking across their costs, even for the applications and the different technology that they have.
JULIE HYMAN: The scissors.
BRAD SMITH: Just doing that.
JULIE HYMAN: Doing a little trimmy trim.
BRIAN SOZZI: I just realized I'm drinking out of your mug, Julie. I apologize.
JULIE HYMAN: I saw you looking down at the mug. That's fine. It's fine. We--
BRIAN SOZZI: Well, I'll keep it moving. All right, plus, Dave Briggs and Seana Smith will get a pulse check on cybersecurity with Okta CEO Todd McKinnon at 3:00 PM today. Also interesting here with Okta, they've been-- had some challenges in the past two or three quarters with their sales force. They've had some executives leave here. I'm very interested to see how they're doing.
JULIE HYMAN: Yeah, you said especially in light of the Akamai disappointment this morning, it should be interesting to see how Okta does. We also, by the way, have Paramount earnings on tap before the bell tomorrow, as the streaming wars heat up. This on the back of news that Berkshire Hathaway took a stake in that company. So that is quite interesting. And also related to Paramount on the 3:00 to 5:00 today, we're going to be hearing from James Stewart who wrote a new book about Sumner Redstone in the dynasty at the head of ViacomCBS, et cetera.
BRIAN SOZZI: Great book. Looks like a great book. I can't wait--
JULIE HYMAN: Yeah, it's getting a lot of buzz. So it should be really interesting to hear what he says and the conversation about that. For those of you who are not familiar with Sumner Redstone, media mogul, really, who built that company. Fascinating family.
BRIAN SOZZI: Fun little fact-- he also used to be the majority shareholder in Midway Games, which made NBA Jams. I used to cover Midway as an analyst. So it was always fun to follow their earnings calls and just a little fun fact news you can use.
BRAD SMITH: Yeah. Oh, man. I had to give up the sticks too many times on--
BRIAN SOZZI: Best game.
--NBA Jams.
BRIAN SOZZI: Best game.
JULIE HYMAN: One more thing that people are not going to want to miss-- agent Cody Banks himself, Frankie Muniz will join Rachelle Akuffo in the next hour.
BRIAN SOZZI: Wow.
JULIE HYMAN: He is joining from a racetrack--
BRAD SMITH: Let's go.
JULIE HYMAN: --I am told. And that should be a fun conversation. Before we leave you, a quick check on what's going on with the markets here. We are seeing all three major averages in the red right now. We had that stronger than estimated retail sales number this morning. And people are now extrapolating what the Fed's going to do.
