Weak demand from an unnamed “tier-1 service provider” is hurting HPE’s server sales and portends some troubling developments. Microsoft’s cloud unit is the most likely culprit.
Category: Cisco Systems
New Relic: Cramer’s Top Takeaways
In an “Executive Decision” segment, Cramer spoke with Lew Cirne, founder and CEO of New Relic , the cloud analytics company helping customers gain insight on their digital operations. Cirne explained that New Relic helps companies reach their customers and migrate to the cloud by providing dashboards for their cloud operations no matter what platform they’re on.
Intel’s Growth Strategy Is Decent, But Could Create Openings for AMD and Qualcomm
The chip giant hopes to offset PC and enterprise server weakness with cloud, IoT and flash memory growth. But the strategy could create opportunities for AMD and Qualcomm.
Cisco Swoops In With $3.7 Billion Bid For AppDynamics Just Before IPO
Cisco Systems Inc. announced an agreement Tuesday to acquire AppDynamics Inc. for $3.7 billion, just before the tech startup was set for an initial public offering that would have valued the company at potentially half that total. AppDynamics increased its price range in a filing Tuesday morning, which was expected to be one of the last steps before the software firm sold its first batch of public shares.
Why Cisco’s Stock Price May Be Stuck
Cisco is a ‘Dog of the Dow,’ which means it pays high dividends. But its stock may not be able to move much higher.
Dow Analyst Moves: CSCO
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Cisco Systems is the #6 analyst pick. Cisco Systems also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #144 spot out of 500.