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Cisco Shares Slump, Coinbase Shares Surge | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow take a look at Cisco shares under pressure after delivering a disappointing outlook along with plans to cut thousands of jobs. Plus, Coinbase shares surge after receiving an upgrade from JPMorgan ahead of the company’s earnings report, and 13F filings reveal hedge funds bought into some of the biggest…

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Bloomberg’s Caroline Hyde and Ed Ludlow take a look at Cisco shares under pressure after delivering a disappointing outlook along with plans to cut thousands of jobs. Plus, Coinbase shares surge after receiving an upgrade from JPMorgan ahead of the company’s earnings report, and 13F filings reveal hedge funds bought into some of the biggest names in tech in the fourth quarter.
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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28 Comments

  1. @timothygreen6058

    February 15, 2024 at 8:55 pm

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  3. @nygariottley245

    February 15, 2024 at 9:01 pm

    Gig economy is going to be resilient because people are lazy and younger ones will be more lazy. 30.00 dollars for a 15 dollar salad because I want to lose weight? Huh? Walk your lazy a22 to the store, buy the salad and tip the person 5 dollars. You can get them to mow your lawn next time, and still have 10 dollars in your pocket SMH.

  4. @AnitaJonse

    February 15, 2024 at 11:10 pm

    I’m favoured, $60k every week! I can now give back to the locals in my community and also support God’s work and the church. God bless America

    • @ramostamis7562

      February 15, 2024 at 11:11 pm

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  5. @micro-organism-pv5gd

    February 16, 2024 at 12:39 am

    Everybody knows Arista Networks has been eating Cisco’s lunch for a while now. Nvidia also does networking. Do more research.

  6. @puddlejazz

    February 16, 2024 at 7:24 am

    0:30: 💰 Tech companies face market volatility with varying outcomes in stock performance.
    5:09: 📉 Lyft CEO addresses error in press release and emphasizes importance of quick correction and prevention of future mistakes.
    9:50: 💼 Cisco faces challenges with layoffs and revised guidance, contrasting with Meta’s positive stock position.
    15:24: 🚀 Supermicro stock surges 236% with Bank of America buy rating and $140,000 price target, outperforming every index.
    21:44: 💡 Lambda, a compute provider, has a high valuation based on its revenue growth and customer base.
    25:41: 💡 SEC’s reasoning for approving Bitcoin ETFs based on court ruling and market manipulation challenges.
    30:17: 💡 Emerging real-world applications for crypto, including tokenization and AI infrastructure investments.
    36:05: ⚖️ Movement against children using smartphones gaining traction due to concerns over impact on youth.
    40:17: ⚙️ Lack of tech companies’ involvement in developing internet-free cool gadgets for kids discussed.

    Timestamps by Tammy AI

  7. @geraldmiguel01

    February 16, 2024 at 7:42 am

    Certain equities normally rise around this time of year, but that is unlikely given the present recession and economic environment. I have a lot of stocks with the hopes of making money this month, but I’m not sure if I should retain them or sell them. i’m currently sitting on $500k inheritance and wondering the best assets than stock to invest right now, and the outlook for investors in 2024 does not look promising.

    • @andrelucas1

      February 16, 2024 at 7:43 am

      If you expect a larger market downturn, I recommend evaluating the firms in your portfolio and their future prospects. Seeking expert advice from an investing consultant may assist you in reorganizing your portfolio and balancing out underperforming assets. This strategy has relieved my stress and anxiety while also saving me time.

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    • @geraldmiguel01

      February 16, 2024 at 7:44 am

      I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

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      ‘HELENA CROUSE’ is the licensed advisor I use.

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  8. @nygariottley245

    February 16, 2024 at 5:01 pm

    The David Koresh look is now in…

  9. @2023gainer

    February 16, 2024 at 11:16 pm

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  10. @JohnsonMoor

    February 17, 2024 at 3:44 am

    Thanks for continuing updates I’d rather trade the crypto market as it’s more profitable. I make an average of $34,500 per week even though I barely trade myself.

    • @MikeAdams-mi9kx

      February 17, 2024 at 3:45 am

      Yes, I’m celebrating a $95,000 stock portfolio today.
      I started this trip with just a small investment. I have invested time and right conditions, now I have time for my family and the life that awaits me.

    • @OliverKaliy

      February 17, 2024 at 3:50 am

      Crypto is bringing a different revolution in the world economy. People who are optimistic investor earn consistently…… others will just sit and watch

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      February 17, 2024 at 3:52 am

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  11. @abdelhaibouaicha3293

    February 18, 2024 at 8:42 am

    📝 Summary of Key Points:

    📌 Cisco faced challenges with disappointing outlook, job cuts, and customer concerns about the economy, impacting their performance.

    🧐 Coinbase earnings were anticipated to show a loss, but there were expectations of a surprise profit, leading to a positive outlook for the company.

    🚀 Hedge funds showed interest in tech giants like Amazon, Nvidia, and Intel, while some like Meta faced selling pressure, reflecting varied investor sentiments in the tech sector.

    💡 Additional Insights and Observations:

    💬 Quotable Moments: “The longer we have regulatory uncertainty in the US, more innovation will move abroad, impacting the tech industry.”

    📊 Data and Statistics: Nearly 15 million shares of Amazon were bought in the last quarter, indicating strong investor interest in tech stocks.

    🌐 References and Sources: The discussion highlighted the impact of regulatory challenges on tech investments and the importance of parental control in managing children’s smartphone usage.

    📣 Concluding Remarks:

    The video covered the challenges faced by tech companies like Cisco and the positive outlook for Coinbase, along with insights into hedge fund activities in the tech sector. Regulatory uncertainties and concerns about children’s smartphone usage were also discussed, emphasizing the need for innovative solutions and responsible technology usage.

    Made with Talkbud

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