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Cisco Systems Inc

Cisco to cut thousands of jobs as it seeks to focus on high growth areas: Reuters

by Walter Watson
Cisco to cut thousands of jobs as it seeks to focus on high growth areas: Reuters

A logo sits illuminated outside the Cisco booth at ISE 2024 on January 30, 2024 in Barcelona, Spain. Cesc Maymo | Getty Images Network giant Cisco is planning to restructure …

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Activists eyeing tech stocks ahead of expected M&A rebound after lull

by Edgar Davis
Activists eyeing tech stocks ahead of expected M&A rebound after lull

Paul Singer speaking at the Delivering Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investors are circling the tech market. That’s because, after …

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Synopsys to acquire Ansys in $35 billion graphics software deal

by Edgar Davis
Synopsys to acquire Ansys in  billion graphics software deal

Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, an engineering and product design software firm, in a …

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Money managers pick stocks for 2024 that aren’t the Magnificent Seven

by Walter Watson
Money managers pick stocks for 2024 that aren’t the Magnificent Seven

There are plenty of stocks other than the so-called “Magnificent Seven” that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that make up …

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Juniper Networks jumps after report saying HPE is looking to buy it

by Edgar Davis
Juniper Networks jumps after report saying HPE is looking to buy it

Antonio Neri Anjali Sundaram | CNBC Juniper Networks shares soared more than 20% in extended trading on Monday after the Wall Street Journal reported that Hewlett Packard Enterprise is in …

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The cheapest stocks with upside in the Dow Industrials to start 2024

by Walter Watson
The cheapest stocks with upside in the Dow Industrials to start 2024

The blue-chip Dow Jones Industrial Average has started off the year outperforming other major equity indexes as technology shares retreated. The Dow is little changed in the first week of …

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Here are 3 stocks other than Nvidia getting AI premium from investors

by Edgar Davis
Here are 3 stocks other than Nvidia getting AI premium from investors

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner …

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Twilio hires Qatalyst to advise on shareholder, activist defense

by Edgar Davis
Twilio hires Qatalyst to advise on shareholder, activist defense

Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Cloud software developer Twilio has hired Qatalyst Partners, the investment bank founded by Frank Quattrone, to advise on its defense against a …

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Signs of a sector rotation plus 2 more themes to watch in stock market

by Walter Watson
Signs of a sector rotation plus 2 more themes to watch in stock market

It was another win for the bulls this week. Wall Street started the month of December higher Friday — building on November’s rally, which broke a three-month losing streak. November …

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These stocks are overbought following November’s big market surge

by Walter Watson
These stocks are overbought following November’s big market surge

The stock market may have ended November with a bang, but that doesn’t mean there are no more buying opportunities left for investors. On Thursday, the Dow Jones Industrial Average …

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