Cisco earnings: High hopes pinned to return to revenue growth
Cisco Systems Inc. is expected to return to quarterly revenue growth after more than a year of steady declines as businesses refresh their internal networks and the tech giant continues to migrate to a subscription-based business model.
Cisco CSCO, +1.55% reports fiscal second-quarter earnings after the bell Wednesday, with a turnaround in revenue expected following six straight quarters of revenue declines. Cisco shares had rallied to 17-year highs following its last earnings report and a forecast to a return to revenue growth.
Why Cisco Systems (CSCO) Might Surprise This Earnings Season
Investors are always looking for stocks that are poised to beat at earnings season and Cisco Systems, Inc. (CSCO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because Cisco Systems is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Litecoin Catching a Bid | LTC USD
Cryptocurrency market will hit $1 trillion valuation this year, CEO of top exchange says
The entire cryptocurrency market will reach a total value of $1 trillion this year, according to the chief executive of a top digital currency exchange.
Jesse Powell, founder and CEO of Kraken, said Tuesday that the cryptocurrency market would continue to see an “acceleration” of growth — despite a sharp pullback in recent weeks.
He told CNBC: “You’ve got a lot more kids graduating from crypto programs at universities now. I think we’re just going to see it continue exponentially from here.”
Today's Trade of the Day | 2-14-18
NVDA Nvidia Corp has consolidated after earnings. Yesterday the stock price traded into an inside day. Today's game plan calls for a breakout to the upside triggering a new long. Setting a $234 buy stop and a profit target of $248. Stop loss comes in on a close below $230.
Boeing Is Killing It by Squeezing Its Suppliers
Dow on pace for 4th win in a row, as market braces for inflation data
Chipotle Takes a Page, and a C.E.O., From Taco Bell
Uber’s fourth-quarter loss narrows to $1.1 billion: source
Under Armour Sales Strong; Stock Soars (UAA)
Stock Market Sector Performance
Stocks to Trade | Wednesday Edition 2-14-18
Bullish Momentum: TWTR, SQ, TAL, ANF, YNDX, KNX, NVDA, LITE
Bearish Momentum: htz, sm, mur, kmx, bhge, dvn, mnk, gt, cdns
Bullish Order Flow: TWTR, NFLX, HCA, AMZN, EA, VFC, NVDA
Bearish Order Flow: slca, hes, dvmt, apa, ups, eqt, scg, slb, cvx, cern, mchp, celg, xom, xlnx, luv, lly, jnj, agn, all, pg, khc, hcn
Double Normal Volume: TWTR, HSIC
Inside Days: fb, intc, nvda, amat, c, sbux, mgm, ms, dis, dal, v, len, dhi, glw, mcd, usb, cop, atvi, utx, unp, hes, oxy, apa, myl, luv, tjx, unh, axp, hon, bbby, bby, wynn
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