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Cisco stock logs worst day in more than a decade as China shutdown blamed for poor outlook

Cisco Systems Inc. shares logged their worst day in more than a decade Thursday, as analysts voiced concerns that China’s…

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Stock Market

Cisco blames China lockdowns for its forecast cut, but there could be deeper problems

Cisco Systems Inc. executives spent much of Wednesday afternoon blaming the COVID-related shutdowns in China for a $1 billion shortfall…

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Stock Market

Cisco’s Sales Warning Sinks Networking Stocks Juniper and Broadcom

Text size A weak sales forecast from Cisco sends shares of other networking companies tumbling. Justin Sullivan/Getty Images Shares of…

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Stock Market

‘We did not have a plan for a country to shut down’ — Cisco stock plunges 13% as China lockdown affects supply and outlook

Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than…

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Stock Market

Cisco Stock Is Tumbling After Its Outlook Badly Missed Estimates

Text size Barclays analyst Tim Long says order growth at Cisco is likely to slow down. Josep Lago/AFP via Getty…

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Stock Market

Cisco Should Post Strong Earnings. Wall Street Is Worried About Big-Picture Issues.

Wall Street is optimistic about Cisco Systems’ quarterly results, due after the close of trading Wednesday, but concerns remain about…

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Stock Market

Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week

Text size It’s the tail end of first-quarter earnings season, with mostly retailers left to report this week. Government data on…

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