Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles.
The company’s decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.
Source: marketwatch.com
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Tech Earnings Season Starts Soon. Warnings Are Already Piling Up.
More tech companies are saying enterprise and telecom customers are slowing their spending.
Source: marketwatch.com
Ericsson to Book $2.9 Billion Charge on Vonage Business
By Will Feuer Ericsson will book a roughly $2.9 billion impairment charge tied to its cloud-communications business Vonage, which the Swedish...
Source: marketwatch.com
Cisco Stock Looks Like a Buy. AI Is Helping.
The component shortages are gone, and investors are trying to figure where the networking giant goes next. Here’s the case for the stock.
Source: marketwatch.com
Ericsson 2Q Sales SEK64.4B
By Dominic Chopping STOCKHOLM--Ericsson AB on Friday posted a smaller-than-expected second-quarter net loss and said trends and market mix will likely be...
Source: marketwatch.com