|Bid||248.00 x 100|
|Ask||286.31 x 200|
|Day's range||0.00 - 0.00|
|PE ratio (TTM)||44.30|
|Earnings date||2 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||286.92|
Shares of Cisco Systems (CSCO) are up 44 cents, or 1%, to $42.65, after MarketWatch’s Jeremy Owens late yesterday reported that Cisco and Amazon.com (AMZN) have refuted speculation that Amazon is going to enter the networking-switch market in competition with Cisco. You’ll recall that Cisco shares took a sharp dive on Friday after TheInformation reported that Amazon was preparing to enter the networking market with products that would sharply undercut the offerings of Cisco and competitors Arista Networks (ANET) and Juniper Networks (JNPR).
America Movil's (AMX) top line increases year over year due to strong growth in service revenues in the mobile space in Brazil and Mexico.
Corning (GLW) selects its manufacturing units close to customers to minimize carrying cost of inventory. This makes Hefei an ideal location.
Amazon's (AMZN) Prime Day, its rumored entry into the network switching business and its PillPack acquisition are the top stories in this roundup.
The Street is mulling Friday's story by TheInformation saying that Amazon.com’s (AMZN) Amazon Web Services unit is “considering selling its own networking switches for business customers,” in competition with Cisco Systems (CSCO), Juniper Networks (JNPR), Arista Networks (ANET) and others. There’s some debate today about how serious this move by Amazon, if true, would actually be. Arista and Cisco shares are actually bouncing back from Friday’s sell-off, with Arista up $6.13, or 2%, to $272.62, and Cisco up 90 cents, or 2%, to $42.68.
Large networking companies like Cisco Systems Inc. (csco) Arista Networks Inc. (anet) and Juniper Networks Inc. (jnpr) were hit in Friday trading by a monster that has already rampaged through other sectors: Fear that Amazon.com Inc. (amzn) will make a challenge. The Information reported Friday that Amazon is considering selling its own network switches with built-in connections to its Amazon Web Services cloud-computing offerings. The generic networking equipment would be based on open-source software and sourced from "white box" manufacturers, which would likely make the product much cheaper than offerings from the larger networking companies.
(Reuters) - Shares of Cisco Systems Inc (CSCO.O) and other network equipment makers fell on Friday after a report that Amazon.com Inc's (AMZN.O) cloud services business was considering selling its own ...
In developing its own switching devices, AWS could facilitate the shifting of traffic onto its own servers.
ARRIS' (ARRS) Ruckus Networks launches Cloud-Ready Specialization Program for its channel partners to address the growing market demand for cloud-managed Wi-Fi.
Arista Networks (ANET) is benefiting from the expanding cloud networking market primarily driven by strong demand for scalable infrastructure.
Add the flat base to your arsenal of winning chart patterns. It shows sideways action after an initial ascent. The base decline is limited to 10% to 15%.
MARKET PULSE Shares of Arista Networks Inc. (anet) are up 2% in premarket trading after Piper Jaffray analyst Andrew Nowinski upgraded the stock to overweight from neutral. He is more upbeat about Arista's prospects now that the company has received "favorable rulings" related to litigation issues, which he thinks "should no longer delay deals and should drive better growth & free cash flow.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to better understand how you can grow your money by investing inRead More...
Here are some things going on today in the world of tech: Twitter’s Ad Appeal Grows Shares of Twitter (TWTR) are up $1.13, or 3%, at $42.55, after JPMorgan Chase’s Doug Anmuth this morning reiterates his Overweight rating on the shares, and raises his price target to $50 from $39, after concluding that its “advertising momentum is strengthening, particularly among large marketers.” Anmuth’s chats with ad-industry types tell him the double-digit rise in “daily average users” in the last six quarters, and the higher engagement for ads, and “better pricing as cost per engagement (CPE) continues to decline” are all helping the company's ad business. Tesla’s Showroom Hums Shares of Tesla (TSLA) are up $12, or almost 4%, at $344, after KeyBanc’s Brad Erickson raised his estimates for the company's sales of its Model 3 sedan, after talking with various staff at showrooms around the country.
Examining how Arista Networks Inc (NYSE:ANET) is performing as a company requires looking at more than just a years’ earnings. Below, I will run you through a simple sense checkRead More...
Here are some things going on today in the world of tech: Tesla’s Body Language Shares of Tesla (TSLA) are up $14.19, or 5%, at $305.32, after Chief Executive Elon Musk yesterday remarked at the company’s annual shareholder meeting that the company is “quite likely” to reach a goal of making 5,000 of its Model 3 sedan per week, by the end of this month, as related by Reuters’s Alexandria Sage and Noel Randewich. Commenting on that annual meeting, Ben Kallo with R.W. Baird this morning reiterates an Outperform rating on Tesla shares, and a $411 price target, writing that the “body language was positive” at the meeting.
Arista Networks (NYSE:ANET) today announced a new family of multi-function leaf and spine platforms. Based on the Barefoot Tofino™ series of P4-programmable Ethernet switch chips, the Arista 7170 Series delivers flexible systems for a multitude of applications across cloud networks.
Arista Networks (ANET) today announced a new family of multi-function leaf and spine platforms. Based on the Barefoot Tofino™ series of P4-programmable Ethernet switch chips, the Arista 7170 Series delivers flexible systems for a multitude of applications across cloud networks. The Arista 7170 Series replaces expensive, legacy networking appliances and routers by moving critical functions into the network.
Arista Networks (ANET) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
What’s unimpressive news for Cisco Systems (CSCO) may be good news for some of its competitors in computer hardware. The company’s indication that corporate buyers are spending in a big way should be encouraging to numerous companies who compete in one way or another with Cisco. Shares of Cisco are down $1.64, or 3.6%, at $43.52, after the company yesterday afternoon slightly beat fiscal Q3 revenue and profit expectations, and forecast this quarter’s results more or less in line.
Networking giant Cisco Systems (CSCO) is set to release fiscal Q3 earnings this afternoon, after the closing bell, and analysts have been tuning up their models. R.W. Baird analyst Jayson Noland’s conversations with over 65 “channel partners,” companies that sell as much as $10 billion of Cisco gear annually, reveal “lead times” for its "Catalyst 9000” switches, the wait to get one, have been stretching out, which he thinks is "a function of demand as opposed to a supply-chain constraint.” The same group of resellers expect this quarter to be similarly upbeat. As I noted on Monday, Cowen & Co.’s Paul Silverstein is hearing similarly good vibes as he talks to people in industry, and it’s because Cisco is improving how it talks to customers.