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US STOCKS-Futures slip as peak rate optimism wanes;...
U.S. stock index futures slipped on Thursday as optimism around an end to the Federal Reserve's interest rate hikes waned. A drop in shares of Cisco following a dour forecast further weighed on sentiment. Wall Street's main indexes have rallied this week on evidence of cooling inflation.
US STOCKS-S&P 500 barely gains while Dow ends lower as... Cisco falls as it cuts annual forecasts. Walmart drops on consumer spending caution. Weekly jobless claims higher than expected. Dow off 0.13%, S&P up 0.12%, Nasdaq up0.07%.
US STOCKS-Wall St dips, rally takes breather as Cisco... The Dow Jones Industrial Average closed down slightly on Thursday, with pressure from Cisco and Walmart. Shares of Cisco Systems tumbled as the communications and networking technology company cut its full-year revenue and profit forecasts. Walmart shares sank a day after touching a record high.
US STOCKS-Futures muted as rate-pause optimism wanes;... U.S. stock index futures were subdued as optimism around a pause in interest rate hikes waned. A drop in shares of Cisco and Palo Alto on dour forecast further weighed on sentiment. Wall Street's main indexes gained this week after key inflation readings showed signs of cooling inflation.
Wall Street edges up as hopes for a just-right economy offset profit worries - Los Angeles Times The Standard & Poor’s 500 was up 0.2% in early trading and remains comfortably on its way to a third straight winning week. Walmart dropped 6.4% after it warned that shoppers began pulling back on spending late last month. Cisco Systems tumbled 11.1% even though it also reported stronger results for the latest quarter than analysts estimated.
ASX set to edge lower as Wall Street wavers on profit misses Walmart dropped 7.3 per cent after it warned that shoppers began pulling back on spending late last month. Cisco tumbled 11.6 per cent even though it also reported stronger results for the latest quarter than analysts estimated. November remains on track to be the S&P 500’s best month in a year.
US STOCKS-Wall St dips, rally takes breather as Cisco, Walmart drop Cisco falls as it cuts annual forecasts; Walmart drops on consumer spending caution. Weekly jobless claims higher than expected, cementing bets Fed will not need to raise rates further.
US STOCKS-Wall St rally takes breather as Cisco,... Cisco falls on lowering annual forecasts. Walmart drops after Q3 results. Weekly jobless claims higher than expected. Indexes down: Dow 0.17%, S&P 0.05%, Nasdaq 0.22% (Updated at 9:40 a.m. ET/1440 GMT)
S&P 500 futures are little changed as traders hope to build on November rally: Live updates S&P 500 futures were little changed Wednesday night as investors looked to extend November's hot streak. Dow Jones Industrial Average futures lost 13 points, or 0.04%. Nasdaq 100 futures slid 0.1%. Cisco Systems dropped 11% after the company offered weak guidance.
US STOCKS-Wall St dips, rally takes breather as Cisco,... Cisco falls as it cuts annual forecasts. Walmart drops on consumer spending caution. Weekly jobless claims higher than expected. Dow down 0.42%, S&P 0.09%, Nasdaq 0.12%.
ASX set to edge lower as Wall Street wavers on profit misses Walmart dropped 7.3 per cent after it warned that shoppers began pulling back on spending late last month. Cisco tumbled 11.6 per cent even though it also reported stronger results for the latest quarter than analysts estimated. November remains on track to be the S&P 500’s best month in a year.
Stock Futures Slip as Peak Rate Optimism Wanes U.S. stock index futures slipped Thursday as optimism around an end to interest rate hikes waned. A drop in shares of Cisco following a dour forecast further weighed on sentiment. Wall Street's main indexes have rallied this week as evidence of cooling inflation fueled hopes the Fed was most likely done hiking interest rates.
US STOCKS-Wall St rally set to stall as Cisco, Walmart... Futures down: Dow 0.10%, S&P 0.05%, Nasdaq 0.16%. Shares of Cisco Systems shed 9.5% before the bell. Walmart dropped 6.3% as the retail giant cautioned about weaker consumer spending.
Futures muted as rate-pause optimism wanes; Cisco drops U.S. stock index futures were subdued as optimism around a pause in interest rate hikes waned. A drop in shares of Cisco and Palo Alto on dour forecast further weighed on sentiment. Wall Street's main indexes gained this week after key inflation readings showed signs of cooling inflation.
Walmart stock tumbles on earnings, mortgage rates fall: Yahoo Finance Live Shares of Walmart (WMT) are under pressure after the retailer reported third-quarter results that were slightly better-than-expected. Mortgage rates continue to fall, with the rate of an average 30-year mortgage down to 7.44% according to Freddie Mac. Trending tickers on Yahoo Finance include Cisco Systems (CSCO), Alibaba Group (BABA), and SoFi Technologies (SOFI)
Cisco cuts annual forecasts on slowdown in new orders Cisco has in recent years grappled with supply chain issues and a post-pandemic slowdown in demand. The company said it estimates one to two quarters of shipped product orders are still waiting to be implemented by customers.
Splunk to lay off nearly 7% of its workforce amid... Splunk had 8,000 employees as of Jan. 31, of which nearly 560 are set to be impacted by the layoffs. The reorganization is unrelated to the deal Cisco Systems made in September to acquire Splunk for about $28 billion.
Nutanix Shares Hit 52-Week High On Upbeat Outlook And New Cisco Partnership Shares of Nutanix (NTNX) today hit a new 52-week high of $39.43. The stock is up 48% YTD based on the company’s solid medium-term growth prospects. A new partnership with Cisco Systems should help power growth in FY’24.
Double-Clicking On Cisco And Splunk Cisco is spending about $28 billion (in cash) on the company. Splunk is a platform that collects, analyzes and monitors machine-generated data.
Cisco Engineers Who Faced Accusation Of Caste Discrimination Sue California Civil Rights Department Two Indian-origin Cisco engineers have joined a lawsuit filed by the Hindu American Foundation and others against the California Civil Rights Department. Sundar Iyer and Ramana Kompella, both Cisco engineers, had faced allegations that they had discriminated against one "John Doe," who self-identifies as Dalit.
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