Cisco Systems' stock dips on lowered guidance, 5% job cuts
Cisco Systems Inc. announced a restructuring plan on Wednesday that includes job cuts of 5%, or about 4,200 people, on lower quarterly and fiscal-year guidance.
Source: marketwatch.com
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Berkshire Sells Apple, Paramount, HP Stock, Buys More Chevron
Berkshire sold 10 million shares of Apple and now holds 905 million shares, or nearly half of the company’s equity portfolio.
Source: marketwatch.com
BlackBerry plans layoffs, 'on track' for separation of businesses
BlackBerry Ltd. said Monday that it plans to cut more jobs in its cybersecurity business as part of the company’s push toward profitability.
Source: marketwatch.com
Sony Group Tipped to Post 2.3% Drop in Third-Quarter Net Profit -- Earnings Preview
By Kosaku Narioka Sony Group is scheduled to report third-quarter results on Wednesday. Here's what you need to know: NET PROFIT FORECAST: Sony Group is...
Source: marketwatch.com
Qualcomm's Chip Share Inside iPhones Is Still Strong, Says Analyst
Piper Sandler analyst Harsh Kumar wrote “the 2024 iPhone is…likely to be 100% reliant on a QCOM modem.”
Source: marketwatch.com