In the latest trading session, Cisco Systems (CSCO) closed at $52.73, marking a +0.42% move from the previous day.
Meta, Cisco, Philip Morris, Earth Science Tech and Frequency Electronics are included in this Analyst Blog.
The stock market's insatiable appetite for high-growth stories often leaves a trail of undervalued opportunities in its wake. Blue-chip stocks are the corporate world's stalwarts and frequently get overshadowed by the allure of the latest market darlings.
Cisco Systems Inc. is reportedly looking at making a big investment in CoreWeave, one of the hotter artificial-intelligence startup companies, as the networking giant seeks to get a stronger foothold in the AI data center.
CNBC's Deirdre Bosa joins 'Money Movers' to report on Cisco leaning into AI and investing in startup CoreWeave.
Recently, Zacks.com users have been paying close attention to Cisco (CSCO). This makes it worthwhile to examine what the stock has in store.
Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of the matter.
Cisco Systems (CSCO, Financial) has agreed to invest in CoreWeave, a prominent startup in the artificial intelligence sector, now valued at $23 billion. CoreWeave, led by CEO Michael Intrator, is planning a secondary transaction, allowing existing shareholders to sell $400 to $500 million in shares.
Cisco Systems Inc. (CSCO, Financial) has announced a strategic investment in Coreweave, a cloud service provider, valuing the company at an impressive $23 billion. This move signifies Cisco's confidence in Coreweave's business model and growth prospects.
Cisco Systems is set to invest in Coreweave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter.
Cisco Systems (CSCO) closed the most recent trading day at $52.62, moving -0.23% from the previous trading session.
While Cisco Systems Inc. CSCO may not be making loud headlines, it's quietly setting the stage for a strong technical breakout.