Key PointsCisco beat on both sales and earnings last night, and forecasts more sales growth ahead.Investors don't care -- because Cisco's profits are about to fall.10 stocks we like better than Cisco Systems › Cisco Systems (NASDAQ: CSCO) stock tumbled 9.7%...
Key PointsBill Ackman's investing strategy of taking large positions in just a few companies and holding them for the long term flies in the face of conventional hedge fund wisdom.Ackman just acquired a significant stake in Meta Platforms.He believes concer...
Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates.
Bill Ackman’s Pershing Square revealed a stake in Meta on Wednesday.“We believe Meta’s current share price underappreciates the company’s long-term upside potential from AI and represents a deeply discounted valuation for one of the world’s greatest busines...