Cisco Systems stock is slipping on a generally upbeat day for tech stocks, after Raymond James analyst Simon Leopold turned cautious on the networking-equipment giant amid concerns about slowing demand.
He also asserts that while Cisco’s pending $28 billion acquisition of Splunk makes strategic sense, it reduces the company’s options at a time when competitive pressures are mounting in particular in the security-software sector. Newsletter Sign-up The analyst writes that channel checks find Cisco should have a strong October, but he sees risks further out.
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This Day in History: Black Thursday marks start of stock market crashOn this day in 1929, nearly 13 million shares of stock were traded as Black Thursday hit Wall Street. The day is remembered as the start of the worst stock market crash in U.S. history and the beginning of the Great Depression. The stock market experienced rapid expansion in the 1920s, but by Aug.
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This Day in History: Black Thursday marks start of stock market crashOn this day in 1929, nearly 13 million shares of stock were traded as Black Thursday hit Wall Street. The day is remembered as the start of the worst stock market crash in U.S. history and the beginning of the Great Depression. The stock market experienced rapid expansion in the 1920s, but by Aug.
ソース: WGAL - 🏆 331. / 59 続きを読む »
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