DIRS.INFO The most relevant business & tech news

☆ Stock futures are flat Wednesday night as traders digest earnings, latest data: Live updates
▼ + stars: | 2023-02-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures were flat on Wednesday night after strong retail sales data suggested a resilient U.S. economy. Dow Jones Industrial Average futures fell by 15 points, or 0.04%. S&P 500 futures climbed 0.02%, while Nasdaq 100 futures rose 0.14%. Stocks closed slightly higher during the regular session Wednesday, despite falling earlier in the day after a stronger-than-expected January retail sales report suggested the Federal Reserve may have further to go in its efforts to tame inflation. On the earnings front, Hasbro and Paramount Global are expected to report Thursday before the bell.

☆ Cisco's stellar quarter and guidance raise is overshadowed by investor concerns about its backlog
▼ + stars: | 2023-02-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Bottom line Cisco unveiled a stellar fiscal second quarter after the closing bell on Wednesday, and its ability to dramatically raise guidance came as a surprise to most investors. Cisco's software sales increased by 10% on an annual basis in its fiscal second quarter, while software-subscription revenue grew by 15%. But analysts and investors remain uncertain about the health of the company's orders once that backlog dries up. Much of that software revenue is ratable, meaning revenue is spread out over a long period and not recognized immediately. Guidance Cisco's quarter may have been better than what the Street expected, but where it really shined was guidance.

☆ Key inflation data in the week ahead will offer clues to future Fed rate moves and the market's path
▼ + stars: | 2023-02-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Looking forward The January consumer price index (CPI) , which calculates the average change over time in prices that shoppers pay for goods and services, is slated for Tuesday. Economists and investors will use the number to gauge the odds of a soft landing or hard landing for the economy. The producer price index (PPI) for January, which calculates the change in selling prices received by producers of goods and services, is out on Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.

☆ Jim Cramer's Investing Club meeting Wednesday: Industrials, tech, energy
▼ + stars: | 2023-02-08 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Giving Emerson Electric one last chance Monitoring Cisco Systems Buying more Coterra Energy 1. Monitoring Cisco Systems Evercore ISI on Wednesday added Cisco Systems (CSCO) to its tactical outperform (buy) list. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ 'Halftime Report' traders name stocks to play this resilient economy
▼ + stars: | 2023-02-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Companies that will benefit from a resilient economy are among the names that caught the eyes of Wall Street and the CNBC "Halftime Report" traders on Wednesday. While investors focused on the latest earning reports, which weighed on the market, there were several upgrades by Wall Street analysts of stocks the "Halftime Report" traders own . He called the Wall Street investment bank a high quality company at an attractive price. Wells Fargo analyst Mike Mayo is in agreement, boosting his price target to $420 a share from $390. Another name Lebenthal owns is Delta Air Lines , which was upgraded by Redburn to buy from neutral on Wednesday.

☆ Factbox: Tech firms, Wall Street titans lead job cuts in corporate America
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +8 min

REUTERS/Lucy Nicholson/File PhotoFeb 8 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out a global economic downturn. Here are some of the job cuts by major American companies announced in recent weeks. TECHNOLOGY, MEDIA AND TELECOM SECTORIBM Corp (IBM.N):The software and consulting firm said it will lay off 3,900 employees. read moreMicrosoft Corp (MSFT.O):The U.S. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. MANUFACTURING SECTOR3M Co (MMM.N):The industrial conglomerate said it would cut 2,500 manufacturing jobs after reporting a lower profit.

☆ Here are Wednesday's biggest analyst calls: Tesla, Apple, Target, Walmart, Microsoft, Roku & more
▼ + stars: | 2023-02-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: CFRA downgrades Roku to sell from hold CFRA said it sees "challenging fundamentals" for Roku . Piper Sandler reiterates Target as overweight Piper said Target is a key beneficiary of Bed Bath & Beyond struggles. Bank of America reiterates Chipotle as buy Bank of America said it sees more earnings per share upside after the company's earnings report on Tuesday. Bank of America reiterates Domino's as buy Bank of America said it's bullish on Domino's launch of loaded tater tots. Bank of America reiterates Microsoft as buy Bank of America said it's bullish long-term on Microsoft's venture into AI.

☆ We're trimming a tech heavyweight to buy more of these two high-quality stocks
▼ + stars: | 2023-02-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Companies everywhere are trimming IT budgets to save on costs and that limits Cisco's ability to get the new orders. We are taking a little more than half of those CSCO dollars and buying some Eli Lilly . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Jim Cramer's Investing Club meeting Monday: Fed speech, Caterpillar, Cisco
▼ + stars: | 2023-02-06 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. (Jim Cramer's Charitable Trust is long CAT, CSCO, QCOM. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Here’s our February rapid-fire update on all 34 stocks in Jim Cramer’s Investing Club portfolio
▼ + stars: | 2023-02-05 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +12 min

Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the holdings we manage in the CNBC Investing Club. J & J is a good stock to get into ahead of the impending split into two companies: consumer brands and pharma/medical technology. The company reported a good quarter and guidance, while fundamentals are solid ahead of the split. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ The best company for growing your career, according to research: ‘Less than 5%’ of roles require a bachelor’s
▼ + stars: | 2023-01-31 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Data research company the Burning Glass Institute, Harvard Business School and the Schultz Family Foundation recently ranked the 250 biggest U.S. public companies in terms of this kind of investment. Of all of the companies they surveyed, one stood out as the best place to grow your career: telecommunications giant AT&T. "In fact, less than 5% of all roles at AT&T require a college degree." "Additionally, of the roughly 45,000 roles we filled across the business in 2022, nearly 50% were filled by existing employees." Check out:The 10 best U.S. places to work in 2023, according to GlassdoorWant to land a remote job in 2023?

☆ Looking beyond FAANG: Here's how the Club portfolio lines up with the Dow's workhorse stocks
▼ + stars: | 2023-01-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Think most of the stocks in the Dow Jones Industrial Average or the kind of stocks Warren Buffett loves to own for Berkshire Hathaway ." But in the near term, we still favor stocks of companies that are the backbone of the real economy. Dow Inc (DOW): The materials company we own in the portfolio is industrial gas giant Linde (LIN). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ I made more than $877,000 in revenue last year selling emotional-intelligence card games online. Here's how I built my business.
▼ + stars: | 2023-01-27 | by ( Vartika Puranik | ) www.businessinsider.com time to read: +8 min

Jenny Woo is the founder of Mind Brain Emotion, which sells emotional-intelligence card games. But in 2018, I quit my job at the Montessori school and founded my company, Mind Brain Emotion, where I sell practical card games on emotional intelligence. I used Amazon Ads to bid on keywords that consumers used to search for similar productsA bid is the amount of money you're willing to spend toward a keyword or advertisement. I did more market research between fall 2018 and February 2019, and another card deck was born, 52 Essential Relationships, in March 2019. I went backward to move forward in my business because I recognized that in order to have genuine conversations, trust and understanding are prerequisites.

☆ Microsoft’s revenue sniffles are tech’s flu
▼ + stars: | 2023-01-24 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 24 (Reuters Breakingviews) - Microsoft’s (MSFT.O) revenue growth rarely falters. Microsoft’s revenue from computer manufacturers for installing the Windows operating system fell 39%. And companies looking to cut costs will delay, or kill, IT projects, which will hit even Microsoft’s fastest-growing units. Microsoft’s revenue sniffles, however, probably signal bigger problems for tech firms that sell less essential goods to consumers and firms. Follow @rob_cyran on TwitterloadingCONTEXT NEWSMicrosoft said on Jan. 24 that revenue for the quarter ending Dec. 31 was $52.7 billion.

☆ Breakingviews: Layoffs take Big Tech back to more modest future
▼ + stars: | 2023-01-20 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 20 (Reuters Breakingviews) - Alphabet’s (GOOGL.O) plan to cut 12,000 jobs adds to the sense that U.S. technology firms are preparing for a more modest future. Tech firms based in the United States announced over 97,000 job cuts in 2022 according to consulting firm Challenger, Gray and Christmas, the most since the dot-com crash. Moreover, new job postings fell sharply at the end of 2022, according to trade group CompTIA. If all tech firms did the same, that would leave employment at 4.2 million, or about 5% larger than it was at the end of 2019. loadingCONTEXT NEWSAlphabet plans to eliminate about 12,000 jobs, according to a memo seen by Reuters on Jan. 20.

☆ Here's our January rapid-fire update on all 34 stocks in Cramer’s Charitable trust portfolio
▼ + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. As much as we'd like to maintain a bigger position in this roughly $472 stock, we're refraining from violating our cost basis of $291.52. ( See here for a full list of the stocks in Jim Cramer's Charitable Trust portfolio.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ We welcome Cisco CEO's upbeat view on the economy, but remain cautious on future order growth
▼ + stars: | 2023-01-18 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

But it's still unclear whether new order growth will slow down the line, once those previously booked orders are fulfilled. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023.

☆ Jim Cramer's top 10 things to watch in the market Tuesday: Morgan Stanley beat, Goldman Sachs miss, Estee Lauder boost
▼ + stars: | 2023-01-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Piper Sandler raises price target on Club stock Cisco Systems (CSCO) to $49 per share from $47; keeps neutral rating. Wells Fargo has an overweight (buy) rating and a $125-per-share price target. Wells Fargo downgrades Pfizer (PFE) to equal weight from overweight (hold from buy), with a $4-per-share price target cut to $50. Bank of America lowers price target on TSLA shares to $130 each from $135. Jefferies is concerned, too; catch-up price target cut to $180 from $350.

☆ Factbox: Tech firms, Wall Street lead job cuts in corporate America
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +6 min

Jan 11 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. HP Inc (HPQ.N):The computing devices maker said it expected to cut up to 6,000 jobs by the end of fiscal 2025. Job seekers wait before a job fair for airport related employment at Logan International Airport in Boston, Massachusetts, U.S., December 7, 2021. Blue Apron Holdings Inc (APRN.N):The online meal-kit company said it will cut about 10% of its corporate workforce, as it looks to reduce costs and streamline operations. Last year, company executives had said the home goods retailer was cutting about 20% of its corporate and supply chain workforce.

☆ Factbox: FACTBOX Tech firms, Wall Street lead job cuts in Corporate America
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +5 min

Jan 10 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Cisco Systems Inc (CSCO.O):The networking and collaboration solutions company said it will undertake restructuring which could impact roughly 5% of its workforce. The effort will begin in the second quarter of the fiscal year 2023 and cost the company $600 million. HP Inc (HPQ.N):The computing devices maker said it expected to cut up to 6,000 jobs by the end of fiscal 2025. Consumer and retail companies:Beyond Meat Inc (BYND.O):The vegan meat maker said it plans to cut 200 jobs this year, with the layoffs expected to save about $39 million.

☆ Factbox: Tech firms leading job cuts in Corporate America
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +9 min

Jan 9 (Reuters) - Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Microsoft Corp (MSFT.O):The software giant laid off under 1,000 employees across several divisions in October, Axios reported, citing a source. However, Bloomberg later reported Twitter was reaching out to dozens of employees who lost their jobs, asking them to return. HP Inc (HPQ.N):The computing devices maker said it expected to cut up to 6,000 jobs by the end of fiscal 2025. CNN:Warner Bros Discovery-owned (WBD.O) CNN's top boss Chris Licht informed employees in an all-staff memo that job cuts were underway.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ Here’s our third-quarter earnings report card for all the stocks in our portfolio
▼ + stars: | 2022-12-27 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

Third-quarter earnings season is finally behind us — and like the prior quarter, results were solid overall compared to analyst forecasts. Danaher (DHR) reported sales and earnings beats on the back of better-than-expected results in all three segments of the health technology company. While U.S. customer traffic was down in the quarter, management noted that it improved sequentially and improved throughout the quarter. Still the luxury hotel and casino company reported solid third-quarter results boosted by its U.S. properties. Amazon (AMZN) reported results that were disappointing, to say the least, and compounded by guidance that was even worse.

☆ The managers of two of the best stock funds of 2022 told us about the 3 highest-conviction names in their portfolios
▼ + stars: | 2022-12-23 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Together, they run two of the highest-returning stock funds of 2022. BNY Mellon fund managers John Bailer and Brian Ferguson have done well at avoiding those sorts of traps. Bailer runs a dividend-focused stock fund that's returned 12% a year for investors over the last decade and earned a four-star rating, according to Morningstar. In a joint interview, Bailer and Ferguson told Insider about a couple of current favorites from across their portfolios. (3) Berkshire Hathaway (BRK.A)Warren Buffett is a legendary value investors himself, of course, and his Berkshire Hathaway conglomerate is a favorite for a lot of investors.

Search resuls for: "Cisco Sys"

25 mentions found