Cisco's Q2 Earnings: Mixed Signals with AI Wins and Margin Worries
Cisco reports strong Q2 results driven by AI, but lower-than-expected profit margins spark stock dip.
Cisco reports strong Q2 results driven by AI, but lower-than-expected profit margins spark stock dip.
Cisco negotiates $2B purchase of Israeli cybersecurity firm Axonius as Palo Alto Networks targets $400M acquisition of startup Koi Security in latest industry consolidation wave.
Snowflake eyes $1B Observe acquisition to compete with Datadog and Splunk, but high consumption costs raise questions about viability.
IBM and Cisco team up to create a network of quantum computers, paving the way for a future quantum internet and powerful real-world applications.
Cisco Systems reported strong quarterly results and raised its sales outlook, driven by booming AI infrastructure demand and campus network upgrades.
B. Riley downgrades Rigetti Computing while UBS upgrades Cisco to Buy. Stifel initiates coverage on Intuitive Machines and Piper Sandler upgrades Roku. Here's what analysts are saying about RGTI, CSCO, LUNR, and ROKU.