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1 Services Stock to Target This Week and 2 Facing Headwinds
StockStory43d agoneutral
1 Services Stock to Target This Week and 2 Facing Headwinds

Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. Market leaders have certainly capitalized on outsourcing trends and digital transformation initiatives to boost sales, helping fuel a 8.2% gain for the industry over the past six months. This performance has closely followed the S&P 500.

Cisco Stock Looks Strong, But One Number Says Be Careful
Trefis44d agoneutral
Cisco Stock Looks Strong, But One Number Says Be Careful

After an 87% run over the last year (as of June 18), it’s hard to find much fault with Cisco Systems (CSCO) stock. The company is posting record revenue, and its AI-related orders are surging. But when a stock is priced for perfection, sitting near its high, the most important signals are often the quiet ones that run counter to the main story.

Nvidia's $6.9 billion side bet just paid off in a big way
TheStreet47d agoneutral
Nvidia's $6.9 billion side bet just paid off in a big way

Back in 2020, Nvidia dropped $6.9 billion on a company most people had never heard of, Mellanox, an Israeli outfit that made networking switches and adapters. At the time, it barely registered. Jensen Huang was buying GPUs, building the chip story, and a networking company felt like a rounding ...

Cisco (CSCO) Pushes Further Into Quantum Security And Enterprise AI
Simply Wall St.48d agoneutral
Cisco (CSCO) Pushes Further Into Quantum Security And Enterprise AI

Cisco Systems (NasdaqGS:CSCO) is a founding partner in the new Quantum Communication Fieldlab Rotterdam, focused on quantum secure networking. The initiative is intended to test and validate quantum resistant communication infrastructure in real world conditions. Cisco also launched the Secure AI Factory with Equinix and NVIDIA, aimed at simplifying enterprise scale AI deployment. The Secure AI Factory centers on pre integrated infrastructure that combines networking, compute, and colocation...

Find Top AI Stocks Using This Zacks Tool
Zacks49d agoneutral
Find Top AI Stocks Using This Zacks Tool

This Zacks Thematic investing screen features a diverse set of companies involved with AI, ranging from creators of software and hardware that power AI to those applying and utilizing the technology through other means.

Cisco Systems (CSCO) Stock After 87% One-Year Rally Is The Price Still Reasonable
Simply Wall St.50d agobullish
Cisco Systems (CSCO) Stock After 87% One-Year Rally Is The Price Still Reasonable

With Cisco Systems stock on many investors' watchlists, the key question is whether the current share price fairly reflects what the company may be worth over the long run. The stock most recently closed at US$119.57, with returns of 57.2% year to date and 87.2% over the past year, while the return over the last 7 days declined 0.7% and the return over the last 30 days was 1.2%. These moves can change how investors think about both upside potential and risk. Recent news coverage has focused...

Cisco Systems Inc (CSCO) Partners With AT&T. It’s About Cars
Insider Monkey50d agoneutral
Cisco Systems Inc (CSCO) Partners With AT&T. It’s About Cars

Cisco Systems Inc (NASDAQ:CSCO) is one of billionaire Ken Fisher’s top high growth stock picks. In the past month, Cisco shares have soared more than 20%. The stock is up more than 58% year-to-date. Cisco Systems Inc (NASDAQ:CSCO) has landed a role in AT&T’s in-car entertainment platform. The arrangement involves Cisco providing multi-party billing capabilities […]

A new technology is learning how to move money
TheStreet50d agoneutral
A new technology is learning how to move money

For the past two years, the story of AI on Wall Street has mostly been about speed. Faster research, faster summaries, faster answers to questions an analyst would otherwise spend an afternoon on. That story is now changing shape. The systems now being built are not just answering questions about ...

Databricks strikes deal to buy Panther Labs in cybersecurity push
Reuters50d agobullish
Databricks strikes deal to buy Panther Labs in cybersecurity push

Databricks on Tuesday said it agreed to buy the ‌startup Panther Labs, as the U.S. ‌data analytics provider pushes deeper into the cybersecurity business. The acquisition, ​Databricks' third in this area, furthers its aim to compete with security management incumbents like CrowdStrike and Cisco's Splunk. Databricks declined to comment on ‌the deal terms.