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Full Stack Observability provides the key to unlock all that. From that standpoint, Cisco's Full Stack Observability represents an industry revolution. With Full Stack Observability, customers and partners can develop modern solutions to empower new observability use-cases delivering on great end-user and application experiences. "All of this rolls up to the most important aspect of Cisco Full Stack Observability. Let Cisco's Full Stack Observability help your business deliver flawless, secure digital experiences.
Persons: Carlos Pereira, OpenTelemetry, Pereira, Cisco's, they're, We've Organizations: Companies, Cisco, Insider Studios
New digital business models generate immense growth opportunities, but also increase risk. Businesses need to move beyond traditional application monitoring to full stack observability to identify and mitigate vulnerabilities and ensure optimal performance. Cisco's Business Risk Observability is an enhancement upon and part of Cisco Full Stack Observability. Assessing risk with Cisco Full Stack ObservabilityCisco's Business Risk Observability helps shore up businesses from attacks and challenges. Find out more about how Cisco's Full Stack Observability can help you identify vulnerabilities.
Persons: Randy Birdsall, They're, Birdsall, We're, Cisco Kenna Organizations: Business, IT, IDC, Cisco AppDynamics, Cisco, Cisco Panoptica, Insider Studios
July 26 (Reuters) - Private equity firms Haveli Investments and General Atlantic have agreed to acquire business software vendor Certinia from Advent International for nearly $1 billion including debt, according to people familiar with the matter. Haveli, which was launched by former Vista Equity Partners president Brian Sheth, and General Atlantic will buy Advent's majority stake in Certinia as well as a minority stake held by Technology Crossover Ventures (TCV), the sources said. Haveli, General Atlantic and Advent declined to comment. Austin, Texas-based Haveli has invested in some technology ventures since it was launched by Sheth in 2021. Haveli has launched a fund seeking more than $3 billion for software deals, which will include this one.
Persons: Brian Sheth, Salesforce, Milana Vinn, Anirban Sen, Jamie Freed Organizations: Haveli Investments, General Atlantic, Advent International, Vista Equity Partners, Technology Crossover Ventures, Certinia, Siemens, Hewlett Packard Enterprise, Cisco Systems, Philips, Sheth, Haveli, Apollo Global Management, Thomson Locations: Certinia, Haveli, General, Jose , California, Austin , Texas, New York
AI investment is booming. How much is hype?
  + stars: | 2023-07-23 | by ( Anna Cooban | ) edition.cnn.com   time to read: +7 min
The investment into Mistral AI is just one of many this year by venture capitalists jostling for a seat aboard the AI rocketship. In the first six months of 2023, they plowed $15.2 billion into generative AI companies globally, according to Pitchbook data. The bulk of this sum comes from Microsoft (MSFT)’s $10 billion investment, announced in January, in OpenAI, the developer of popular generative AI chatbot ChatGPT. But even excluding Microsoft’s bumper deal, the value of VC investments in generative AI was up by almost 58% compared with the same period in 2022. “Buying a ‘dot-ai’ domain, and claiming to be an AI company… doesn’t really make you an AI company,” Jacobs told CNN.
Persons: Antoine Moyroud, wasn’t, , Arthur Mensch, Nathan Laine, hasn’t, ” Mostaque, jostling, Moyroud, , ’ “, , ” Moyroud, It’s, Jaap Arriens, Goldman Sachs, Stocks, Mike Reynolds, Reynolds, , “ It’s, ” Reynolds, ” Jordan Jacobs, … doesn’t, ” Jacobs Organizations: London CNN, Lightspeed Venture Partners, CNN, Mistral, Viva Tech, Bloomberg, Getty, Stability, Microsoft, Meta, Nvidia, Nasdaq, Cisco, Radical Ventures Locations: French, Paris, California, OpenAI, , Toronto
JPMorgan adds Qualcomm and HP Inc. to the focus list JPMorgan added HP Inc. to the focus list and said it's a top value idea. The firm also added Qualcomm to the focus list and says it's a top growth idea. JPMorgan adds Charles Schwab to the focus list JPMorgan added the stock to its focus list after its earnings report and said it sees "improving fundamentals." Bank of America reiterates Amazon as buy Bank of America said it's bullish heading into Amazon earnings later this month. Bank of America reiterates Block as buy Bank of America said shares of the company formerly known as Square are undervalued.
Persons: Tesla, it's, Charles Schwab, Schwab, Jefferies, Berkshire Hathaway, Archer, Guggenheim, ServiceNow Organizations: JPMorgan, Qualcomm, HP Inc, Watch, Cisco, " Bank of America, of America, Bank of America, Meta, UBS, Berkshire, Citi, Republic Services, Hollywood, Argus, Street, Aviation, UW, DuPont, Texas, Microsoft, Apple Locations: 2023E, 2025E, Berkshire, ACHR, EE
JPMorgan says it may be time for investors to consider scooping up Cisco Systems as order trends normalize after a spending trough, adding that the shares trade at a cheap valuation. Analyst Samik Chatterjee upgraded the networking stock to overweight from neutral, citing limited enterprise spending downside from current levels. Chatterjee also views the stock as cheap, currently trading at a forward price-to-earnings ratio of 12.5. He raised his 12-month price target to $62, up from $55 a share, reflecting 21% upside from Tuesday's close. Cisco has risen 7.6% year to date and added about 2% before the stock market's opening bell.
Persons: Samik Chatterjee, JPMorgan, Chatterjee, — CNBC's Michael Bloom Organizations: JPMorgan, Cisco Systems, Cisco
Atos, tech giants join forces on ethernet consortium
  + stars: | 2023-07-19 | by ( ) www.reuters.com   time to read: 1 min
July 19 (Reuters) - A group of tech industry actors including Meta (META.O), Microsoft (MSFT.O) and Intel (INTC.O) and France's Atos (ATOS.PA) have teamed up to form an ethernet consortium in a bid to build up networks suited for artificial intelligence, Atos announced on Wednesday. The consortium will work on minimizing communication stack changes while maintaining and promoting ethernet interoperability, is said in a statement. Other founding members include AMD, Arista, Broadcom, Cisco, and HPE. Reporting by Victor Goury-Laffont, editing by Tassilo HummelOur Standards: The Thomson Reuters Trust Principles.
Persons: France's, Atos, Victor Goury, Tassilo Hummel Organizations: Meta, Microsoft, Intel, AMD, Arista, Broadcom, Cisco, Thomson
Goldman Sachs — The banking titan advanced 1.6% despite missing expectations of analysts polled by Refinitiv for earnings and revenue. The company beat expectations for earnings expectations by one cent at $1.81 per share. Elevance Health — The stock rose 6% after Elevance Health beat analysts' expectations on the top and bottom lines in its second-quarter results. J.B. Hunt Transport Services — The transportation and logistics stock rose 1.5% despite a disappointing quarterly report. Qualcomm — Shares rose 2.8% after JPMorgan added the stock to its focus list and said it's one of the firm's best growth idea.
Persons: Goldman Sachs, Refinitiv, Goldman, Elevance, J.B, Hunt, Charles Schwab —, ServiceNow, , Samantha Subin, Hakyung Kim, Sarah Min, Jesse Pound, Michelle Fox, Yun Li Organizations: Joby, JPMorgan, FactSet, Elevance Health, Revenue, Trust, Refintiv, Hunt Transport Services, Refinitiv, Western, Street Journal, U.S . AT, Argus, Qualcomm, Cisco —, Cisco, Bank of America Locations: FactSet, Tahoe
JPMorgan upgrades Cisco & Qualcomm
  + stars: | 2023-07-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan upgrades Cisco & QualcommThe "Halftime Report" traders debate the biggest analyst calls of the day
Organizations: JPMorgan, Cisco, Qualcomm
WASHINGTON, July 18 (Reuters) - The White House on Tuesday along with companies such as Amazon.com Inc (AMZN.O), Alphabet's Google (GOOGL.O) and Best Buy (BBY.N) will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks. A new certification and labeling program would raise the bar for cybersecurity across smart devices such as refrigerators, microwaves, televisions, climate control systems and fitness trackers, the White House said in a statement. Retailers and manufacturers will apply a "U.S. Cyber Trust Mark" logo to their devices and the program will be up and running in 2024. The Federal Communications Commission will seek public comment before rolling out the labeling program and register a national trademark with the U.S. Patent and Trademark Office, the White House said. In March, the White House launched its national cyber strategy that called on software makers and companies to take far greater responsibility to ensure that their systems cannot be hacked.
Persons: Nandita Bose, Jacqueline Wong Organizations: Amazon.com Inc, Google, Cyber, Federal Communications Commission, U.S . Patent, LG Electronics, Logitech, Cisco Systems, Samsung, White House, Federal Bureau of Investigation, Defense Department, Microsoft, Thomson Locations: U.S, Washington
On Tuesday, the Biden administration announced it’s moving to implement a cybersecurity labeling program aimed at helping consumers pick out trustworthy tech products that are rated as more secure than the competition. Products certified under the new program may come with a QR code that links to a national database affirming its participation, the administration added in a release. “This new labeling program would help provide Americans with greater assurances about the cybersecurity of the products they use and rely on in their everyday lives,” the administration said in a statement. “It would also be beneficial for businesses, as it would help differentiate trustworthy products in the marketplace.”The government proposal comes two years after President Joe Biden signed an executive order calling for an “‘energy star’ type of label” for tech products. “Market forces alone were never going to be sufficient to force manufacturers to step up and deliver more secure devices,” he said.
Persons: Biden, it’s, , cybersecurity, , Joe Biden, Dave DeWalt, “ We’ve Organizations: CNN, National Institute of Standards, Technology, NIST, House, Products, Twitter, PayPal, Federal Communications Commission, FCC, Colonial Pipeline, Companies, Amazon, Cisco, Google, LG, Logitech, Samsung, Consumer Technology Association
TD Cowen reiterates Nvidia as outperform TD Cowen said it's standing by its outperform rating on the stock. Bank of America upgrades DraftKings to buy from neutral Bank of America upgraded the fantasy sports company due to a margin inflection. Citi reiterates Tesla as neutral Citi said it's "neutral to slightly negative" on Tesla heading into earnings next week. Bank of America upgrades Stellantis to buy from neutral Bank of America said in its upgrade of the European automaker that it sees valuation upside. Bank of America downgrades Cisco to neutral from buy Bank of America said in its downgrade of Cisco that consensus estimates are too high.
Persons: TD Cowen, Cowen, it's, Oppenheimer, Baird, Locker, underperformed Ford, JPM, YTD, Holley, Tesla, Raymond James, SunPower, it's bullish, Morgan Stanley, Lazard, Davidson downgrades Redfin, Davidson Organizations: Nvidia, NVIDIA, Nasdaq, AMD, Companies, Citi, General Motors Citi, Watch, GM, JPMorgan, Bank of America, of America, UBS, Netflix, Tech, Cisco, AstraZeneca Locations: China, California
3-Stock Lunch: DKNG, TJX & CSCO
  + stars: | 2023-07-12 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: DKNG, TJX & CSCOJay Woods, Freedom Capital Markets, joins ‘Power Lunch’ to discuss three stocks: DraftKings, TJX Companies and Cisco.
Persons: Jay Woods Organizations: Freedom Capital, TJX Companies, Cisco
MADRID, July 7 (Reuters) - U.S. chipmaker Broadcom (AVGO.O) will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. "Excited to announce our decision to invest in Spain's semiconductor ecosystem under their semiconductor support program," Kawwas said on his Twitter account. The project in which Broadcom would be involved could be worth $1 billion, the Spanish economy ministry said in an emailed statement. Broadcom did not say how much it would invest. Prior to Broadcom, the Spanish government had said U.S. tech giant Cisco Systems Inc. (CSCO.O) was planning to open a new chip design centre in the northeastern Spanish city of Barcelona.
Persons: Charlie Kawwas, Kawwas, Inti Landauro, Belen, Mark Potter Organizations: chipmaker Broadcom, Broadcom, Cisco Systems Inc, EU, Thomson Locations: MADRID, Union, Spain, Spanish, Europe, Barcelona
Jim Cramer's guide to investing: Never buy all at once
  + stars: | 2023-06-29 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
With that strategy, you're better protected if the price goes lower or if something should go wrong at the company. "When you buy all at once, you're basically declaring that the stock absolutely won't go any lower," Cramer said. For example, Zoom , a Wall Street favorite during the Covid-19 pandemic, plunged from a $588 high in October 2020 to the mid-seventies less than two years later. But Cramer said the distinction between a damaged stock and a damaged company can be difficult to discern, and at the end of the day, "you never really know." "Never buy a position all at once because what you think is merely a damaged stock might turn out to be a damaged company.
Persons: CNBC's Jim Cramer, Cramer, Cisco — Organizations: CNBC's Charitable Trust, Microsoft, Google, Cisco Locations: Washington
The risk of too great a concentration in big cap tech stocks is again back in focus. Many have been saying that a 5%-10% pullback is overdue, certainly for big cap tech. The correction may already be starting: many big tech names, particularly semiconductors, were down in the high- to mid-single digits last week. (market cap vs. country GDP) Apple $2.9 trillion France $2.9 trillion Source: Wells Fargo Microsoft bigger than Italy? "Using 1999 as our example, we wonder how much longer the current chart (Apple > France and Tesla > Taiwan) is sustainable," he writes.
Persons: Today's Russell rebalance, Wells, Chris Harvey, Harvey —, Russell, There's, David Faber, Wells Fargo's Chris Harvey, Tesla, Harvey, Dan Ives, Ives Organizations: NYSE, Nasdaq, Intel, AMD, Broadcom, Apple, Microsoft, Nvidia, Wells, today's Tech, General Electric, Cisco, Walmart, Nokia, Pfizer, ExxonMobil, IBM, Citigroup, Tesla, Big Tech Locations: France, Italy, Mexico, Taiwan, Wedbush
Investors looking for big gains while also resting easy at night can look at these stocks, Goldman Sachs says. While the market rally stalled somewhat last week, the Nasdaq Composite remains higher by 28% in 2023, while the S & P 500 has notched a 13% gain. Still, investors seeking to ready their portfolios for further volatility ahead could search for risk-adjusted returns using the Sharpe ratio. In other words, Goldman proposes these stocks will give the biggest returns while allowing you to sleep easier at night. Goldman Sachs revisited its High Sharpe Ratio basket, adding 39 new stocks, and retaining 11 holdings.
Persons: Goldman Sachs, Wall, Sharpe, Goldman, David Kostin, Michael Bloom Organizations: Nasdaq, Dow Jones, Newell Brands, Disney, Capital, Cisco, Bank of America
Why GM is sunsetting the classic Chevrolet Camaro
  + stars: | 2023-06-21 | by ( Robert Ferris | In | ) www.cnbc.com   time to read: +3 min
Fans like Mercado have helped keep the Camaro alive since it was introduced as a competitor to the Ford Mustang in 1966. That makes the Ford Mustang the last vehicle in the segment standing in its current gas-burning form. By that time it was lagging far behind competitors: The Ford Mustang sold 72,489 units in 2019, and the Challenger, 60,997. Sedans and smaller calls made up 43% of all vehicle sales in 2010. "Just like we've done in the past, it had a little bit of a hiatus," said Harlan Charles, product manager for Corvette and Camaro.
Persons: Francisco, Cisco, Mercado, General Motors, Dodge, Ford, That's, Harlan Charles, we'll Organizations: CNBC, Ford, General, Stellantis, Dodge, Challenger, P Global Mobility, Sports, GM, Corvette
June 20 (Reuters) - Cisco Systems (CSCO.O) on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom (AVGO.O) and Marvell Technology (MRVL.O). The chips are being tested by five of the six major cloud providers, Cisco said, without naming the firms. Cisco is a major supplier of networking equipment including ethernet switches, which connect devices such as computers, laptops, routers, servers and printers to a local area network. "G200 & G202 are going to be the most powerful networking chips in the market fueling AI/ML workloads enabling the most power-efficient network," Cisco fellow and formerly principal engineer Rakesh Chopra said. Cisco said the chips could help in carrying out AI and machine learning tasks with 40% fewer switches and a lesser lag, while being more power efficient.
Persons: Rakesh Chopra, Chavi Mehta, Stephen Nellis, Anil D'Silva Organizations: Cisco Systems, Broadcom, Marvell Technology, Cisco, Amazon Web Services, Microsoft, Google, Bofa Global Research, Thomson Locations: Bengaluru
New York CNN —Just ahead of World Refugee Day, 41 multinational companies on Monday publicly pledged to provide jobs, training and connections to work opportunities for more than 250,000 refugees in Europe. What different companies are doingAmong the companies that are making new pledges this week, many have already been hiring or training refugees in Europe over the past year. ISS, for instance, has already hired 500 refugees in Europe — a majority of them Ukrainian women — since March of last year. Others making hiring commitments include Adidas, Blackstone, BP, Hyatt, Ipsos, L’Oréal Group, Novartis, PepsiCo, Pfizer and The Kraft Heinz Company. The United Nations High Commissioner for Refugees estimates the number of refugees worldwide is now approaching 35 million people, with more than 12 million of them in Europe.
Persons: , Margot Slattery, Slattery, Margaritis Schinas, , Catherine Shoichet Organizations: New, New York CNN, Accenture, Adecco, Cisco, Generali, Marriott International, Microsoft, Starbucks, Tent Partnership, Refugees, ISS, Union, European Commission, Hilton, Marriott, Adidas, Blackstone, BP, Hyatt, L’Oréal, Novartis, PepsiCo, Pfizer, The Kraft Heinz Company, Cisco’s, Tent, United Nations Locations: New York, Europe, Amazon, Hilton, Paris, Ukraine, Ipsos
"Quiet thriving" is a workplace strategy that's helping people take more control of their work. She and another expert agreed that, by contrast, quiet quitting can disempower certain workers. She believes "quiet quitting is disempowering" and that workers instead need a resilient mindset to ride out a tough economy. Given the many economic challenges workers are facing, we may hear much more about "quiet thriving" in the future. And for those people, she added, "quiet thriving" is a method of asking, "How can I really own my job instead of feeling owned by it?"
Persons: Lesley Alderman, , Alderman, it's, They'd, Ashton Wikstrom, she'd, hasn't, Wikstrom, I'm, Brooks, Scott Organizations: Service, Elle Communications, Meta, Cisco, Instagram, Netflix Locations: Washington
The 33-year-old studied graphic design at Boise State University, and after deciding to focus on presentation design, filled her senior portfolio with them. By 2017, with her client list growing, she founded her own presentation design company, 16X9. When she and her fellow graphic design students would get assigned to do them, "people always were like, 'ugh, PowerPoint. In graphic design, "there's a lot of flashier things like advertising and branding," she says, but it was this day-to-day task that executives across the board were looking to outsource. Be 'a strong advocate' for yourselfWhether or not you go the freelance route, make sure you're getting paid what you deserve.
Persons: Courtney Allen, Allen, Allen wasn't Organizations: Boise State University, Cisco Systems, Adobe, BBC, Census Locations: PowerPoints, U.S
June 6 (Reuters) - Salesforce Inc (CRM.N) CEO Marc Benioff has shuffled the top management, a person familiar with the matter told Reuters on Tuesday, a move that follows after the software company reported its slowest quarterly revenue growth since 2010. Miguel Milano has been appointed as the chief revenue officer, the source said, adding that Ariel Kelman will take over as Salesforce's chief marketing officer. After a previous tenure of nearly a decade at Salesforce, Milano will make a return from his recent position at software company Celonis. Kendall Collins, who will step into the role of chief of staff for Benioff, had worked as CMO at Okta and Cisco's AppDynamics. Salesforce President and Chief Operating Officer Brian Millham would be assuming new duties such as marketing, employee success and business technology, the source said.
Persons: Marc Benioff, Miguel Milano, Ariel Kelman, Milano, Celonis, Kelman, Kendall Collins, Brian Millham, Salesforce, Benioff, Kanjyik Ghosh, Akriti Sharma, Anirudh, Sherry Jacob, Phillips Organizations: Salesforce, Reuters, Amazon Web Services, Oracle, Inclusive, Microsoft Corp, Amazon.com Inc, Thomson Locations: Salesforce, Okta, Bengaluru
Cisco Swank ‘Is Black Music. All of It.’
  + stars: | 2023-06-07 | by ( Marcus J. Moore | ) www.nytimes.com   time to read: +1 min
“He’s sitting right in the center of a lot of points,” said the noted trumpeter Ambrose Akinmusire in a telephone interview. He is Black music. (He returned to Crown Heights, Brooklyn, from the Berklee College of Music, where he studied piano performance and contemporary writing and production when the pandemic took hold.) “I try to smile through it,” Haye raps with an exhausted tone. While growing up in Flatbush, he was exposed to all of this music by his mother, Adriane, who directed the youth choir at Emmanuel, and his father, Frank, who was the director of music there.
Persons: “ He’s, , Ambrose Akinmusire, It’s, ” Haye, , , Haye, bro, I’m, — Beethoven, Bach, Kirk Franklin, Richard Smallwood, Adriane, Emmanuel, Frank Organizations: Berklee College of Music Locations: bro, ” “, Heights , Brooklyn, Haye, Flatbush
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCisco CEO on networking cloud launch, new A.I. capabilities and cybersecurityCNBC's Frank Holland sits with Cisco CEO Chuck Robbins to discuss the company's AI push and launch of networking cloud.
Persons: CNBC's Frank Holland, Chuck Robbins Organizations: Cisco
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