Cisco Stock Slides After Earnings. The Company Is Cutting 5% of Staff
Cisco is still dealing with a pile-up of customer inventory, leading to slower shipments of networking equipment.
Source: marketwatch.com
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Cisco Is Still Feeling Pandemic's Effects. Analysts Are Cautious on Earnings.
The company has said a pileup of inventory held by customers would result in slower shipments of networking equipment.
Source: marketwatch.com
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
Uber 'just started to flex its platform muscle': Can other gig-economy players?
Uber's main ride-hailing rival, Lyft Inc., reports results on Tuesday, as does online grocery-delivery service Maplebear Inc., better known as Instacart.
Source: marketwatch.com
Coinbase, DraftKings, Deere, Coca-Cola, Cisco, and More Stocks to Watch This Week
This week will also include results from AIG, Marriott, Kraft Heinz, and many more companies. We’ll also see the latest consumer price index, producer price...
Source: marketwatch.com