Cisco revised its yearly projections despite exceeding expectations in its fiscal first quarter, with a 9% stock decline afterward. The company reported adjusted EPS of $1.11 on $14.7 billion revenue, beating analyst predictions. Q2 projections are $0.82 to $0.84 EPS on $12.6B to $12.8B revenue, differing from estimates. Cisco adjusted its 2024 guidance to $3.87...
AKAM The Akamai network has an inherent advantage running a distributed ledger in blockchain per JPMorgan 11.9.18 article. Currently has shown trend of large spike investment last 3 quarters and in 1w chart shows near CCI entry, while day chart is not indicating same. Watching. IBM is the largest patent filer in blockchain technologies, however has never...
There are nice gap to trade here. As soon as the gap filled it would resume the direction it is going.
Infinera stock is at an excellent oversold level on the RSI. The stock has been in an uptrend (purple) going all the way back to October 2014. Revenue growth has been good over the last 4 years. In 2011, revenue was $405 million. In 2014, revenue grew to $668 million. The annual revenue growth rate for the last 5 years is an excellent +16.7%. Revenue growth has...