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Cisco (CSCO) set to release Q3 earnings on May 13. Analysts predict $1.04 EPS and $15.56B revenue. Evercore ISI maintains Outperform rating and $110 price target.
Reuters reports Elon Musk and Tim Cook will join Trump on his China trip, while Nvidia's Jensen Huang was not invited.
Cathie Wood says Intel, Cisco, Corning, Flex and Akamai are "blasts from the past" now riding the AI infrastructure spending wave.
Editor’s Note: The future prices of benchmark tracking ETFs and the headline were updated in the story.
The US stock market closed last week at a record high, with the S&P 500 Index slowly approaching the key resistance level of 7,500.
Intel's 108x forward P/E and 173% gap from its 200-day average echo Cisco's March 2000 mania, but the dislocation runs deeper.
Jim Cramer breaks down the AI and data center boom, identifying top winners in chips, cloud computing, and power infrastructure. Read more.
Evercore ISI Group analyst Amit Daryanani maintains Cisco Systems (NASDAQ:CSCO) with a Outperform and raises the price target from $100 to $110.
Analysts recommend CSCO, ABBV, NFLX, and ZM as top trades. Cisco and AbbVie report strong earnings, while Netflix and Zoom make positive moves.
Jim Cramer says the stock market's biggest winners are all tied to one theme: data centers.