Wall Street got the kind of macro backdrop investors typically celebrate—solid job growth and easing inflation — yet stocks struggled to gain traction as concerns over tech costs and margin pressure ...
Cisco shares plunged 12% Thursday as the company's margins face pressure from rising memory prices. The drop is the company's largest in four years. The memory shortage, driven by increased demand for ...
The Dow Jones Industrial Average is in selloff mode Thursday afternoon with shares of Cisco and Walt Disney facing the biggest drops for the blue-chip average. Supported by world-class markets data ...
Cisco Systems stock was dropping hard as Wall Street focused on how rising memory costs are affecting its profit margins.
Earnings call Cisco reported Q2 FY2026 revenue of $15.3B, up 10% YoY, with non-GAAP EPS of $1.04, up 11% YoY—both exceeding guidance. Management raised full-year AI order expectations to over $5B and ...
Cisco's fiscal second-quarter results came in stronger than analysts had expected, but quarterly earnings guidance was in line with estimates. Networking revenue increased 21% in the period. The ...
Feb 11 (Reuters) - Cisco Systems posted quarterly adjusted gross margin below market estimates on Wednesday, as the networking equipment provider grapples with the fallout of a global memory price ...