Cisco Systemsの空売り状況は、投資家がCisco Systemsの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Cisco Systems (NASDAQ:CSCO) 株価情報, 空売り情報

Cisco Systems

Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.

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８月３日（水）午前８時３０分（米国東部時間）に公表される消費者物価指数（CPI）速報に先駆け、主要指数先物は神経質な値動きを示している。債券利回りは消費者物価指数発表前に低下している。今回の報告が価格圧力の緩和が続いていることを確認した場合、米連邦準備制度理事会（FRB）は利上げを余儀なくされる可能性がある。経済学者やストラテジストは、FRB総裁のジェローム・パウエル氏が今月末に予定されている＜ジャクソンホール・シンポジウム＞で、利上げ見通しについてさらに明確な見解を示すと予想している。

ウォール・ストリート　主要先物指数が反応

Cisco Systems Inc

CISCO SYSTEMS ORD

Invesco has unveiled a new series of thematic exchange-traded funds (ETFs) that focus on artificial intelligence, cybersecurity, and defense sectors. These funds aim to leverage emerging trends within these industries.
What Happened: The newly introduced ETFs, named Invesco Artificial Intelligence Enablers, Cybersecurity, and Defence Innovation Ucits, are based on benchmarks crafted by Kensho, a division of S&amp;P Global Indices. Kensho utilizes natural language processing to pinpoint companies with significant involvement in each theme, categorizing them into &#8220;core&#8221; and &#8220;non-core&#8221; groups, Financial Times<a href="https://www.ft.com/content/476d3e81-cbd2-4484-8fb5-4a074dcaa97c"> reported</a> on Thursday.
As per Invesco, core companies generate a substantial portion of their revenue from products and services aligned with these themes, while non-core companies provide essential inputs without focusing on end products. The AI enablers strategy targets firms advancing AI technology and infrastructure, whereas the cybersecurity ETF invests in companies protecting enterprises from unauthorized electronic access. The defense fund provides exposure to companies developing advanced weapons and defensive systems
Here are a few ETFs and how they fared in the past year, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>:
Artificial Intelligence
<ul>
<li>iShares U.S. Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) increased 45.40% over the year with holdings like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).</li>
<li>Fidelity MSCI Information Technology Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTEC#NYSE">FTEC</a>), with similar exposure, rose 43.17%.</li>
<li>First Trust Dow Jones Internet Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTX#NYSE">FTX</a>), which gives exposure to Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), increased 45.59%.</li>
</ul>
Cybersecurity
<ul>
<li>First Trust NASDAQ Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIBR#NASDAQ">CIBR</a>) increased 38.08%. Its holdings include Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).</li>
<li>Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>) rose 39.57%. Along with Broadcom, and Cisco, the ETF&#8217;s major holdings also include Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), and General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>).</li>
<li>iShares Cybersecurity &amp; Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHAK#NYSE">IHAK</a>) with exposure to companies such as SentinelOne, Inc. Class A (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>), and Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), rose 33.95%.</li>
</ul>
Defense
<ul>
<li>iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) with exposure to companies such as General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) and RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) increased 33.86%.</li>
<li>Invesco Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>) with exposure to companies such as Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) increased by 43.05%.</li>
<li>SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>) was up by 34.86%. It gives exposure to Axon Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXN#NASDAQ">AXN</a>), L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>).</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41794596/bitcoin-ethereum-dogecoin-slingshot-to-the-moon-after-trump-victory-but-sharp-correction-m?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Slingshot To The Moon After Trump Victory But &#8216;Sharp&#8217; Correction Might Be In Store: Analyst Views BTC Between $80-90K By End Of Year</a>
Why It Matters: The launch of these ETFs by Invesco comes at a time when thematic investing is<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41713236/donald-trumps-return-to-white-house-could-propel-these-etfs-to-new-highs"> gaining traction among investors</a> looking to capitalize on specific industry trends. The focus on artificial intelligence, cybersecurity, and defense aligns with growing global interest in these areas, driven by technological advancements and increasing security concerns.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41734887/cathie-woods-latest-shake-up-dumps-palantir-and-jack-dorseys-block-along-with-tesla-buys-amazon-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Latest Shake-up: Dumps Palantir And Jack Dorsey&#8217;s Block Along With Tesla, Buys Amazon And Meta</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Invesco

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Invesco Launches New ETFs Targeting AI, Cybersecurity, And Defense. Here's How Some Of Their Peers Have Performed In The Past Year

Following President-elect Donald Trump&#8217;s victory, top tech executives have congratulated him and expressed their willingness to work with his administration.
What Happened: On Wednesday, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), SpaceX, and Neuralink CEO Elon Musk, a key ally to Trump during his campaign, unsurprisingly congratulated the President-elect.
Trump has previously spoken about <a href="https://www.benzinga.com/startups/24/11/41704205/elon-musk-says-we-can-cut-2-trillion-out-of-the-harris-biden-budget-and-that-americans-money-is-bein">creating a position for Tesla CEO</a> in a &#8220;department of government efficiency&#8221; to reduce the federal workforce.
Following the victory, Tesla shares surged over 14%, with investors hopeful that a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41766869/trump-win-biggest-positive-for-elon-musks-tesla-tech-bull-says-it-could-boost-ev-gi">Trump presidency would benefit</a> the company.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It is morning in America again <a href="https://t.co/GNTE0cUWoc">pic.twitter.com/GNTE0cUWoc</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1854201929519247803?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Other tech behemoths such as Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook, Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) boss Sundar Pichai, Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg congratulated Trump.
Bezos praised Trump&#8217;s win as an &#8220;extraordinary political comeback and decisive victory.&#8221; Before Election Day, Bezos and The Washington Post sparked controversy by <a href="https://www.benzinga.com/24/10/41590684/jeff-bezos-says-this-is-mainstream-medias-biggest-problem-after-washington-post-ends-endorsement-for">withholding an endorsement</a> for the first time in decades. Bezos defended the decision in an op-ed, citing concerns over &#8220;perception of bias.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory. No nation has bigger opportunities. Wishing <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> all success in leading and uniting the America we all love.
&mdash; Jeff Bezos (@JeffBezos) <a href="https://twitter.com/JeffBezos/status/1854184441511571765?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/11/41735837/ai-haves-vs-have-nots-palantirs-ryan-taylor-outlines-companys-winning-strategy?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;AI Haves Vs. Have-Nots&#8217;: Palantir&#8217;s Ryan Taylor Outlines Company&#8217;s Winning Strategy</a>
Apple CEO and Google boss also congratulated Trump, expressing their eagerness to engage with the new administration.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congratulations President Trump on your victory! We look forward to engaging with you and your administration to help make sure the United States continues to lead with and be fueled by ingenuity, innovation, and creativity.
&mdash; Tim Cook (@tim_cook) <a href="https://twitter.com/tim_cook/status/1854225875002396860?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congratulations to President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> on his decisive victory. We are in a golden age of American innovation and are committed to working with his administration to help bring the benefits to everyone. <a href="https://t.co/IPX7AJ8VvI">pic.twitter.com/IPX7AJ8VvI</a>
&mdash; Sundar Pichai (@sundarpichai) <a href="https://twitter.com/sundarpichai/status/1854207788290850888?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
OpenAI CEO Sam Altman and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella also took to X, formerly Twitter, to congratulate the President-elect. In the follow-up post, Altman also stressed the importance of the U.S. maintaining its leadership in AI development while upholding democratic values.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">it is critically important that the US maintains its lead in developing AI with democratic values.
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1854203149617389668?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congratulations President Trump, we're looking forward to engaging with you and your administration to drive innovation forward that creates new growth and opportunity for the United States and the world.
&mdash; Satya Nadella (@satyanadella) <a href="https://twitter.com/satyanadella/status/1854216231991271547?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Zuckerberg also took to Threads, and acknowledged Trump&#8217;s &#8220;decisive victory.&#8221; He also expressed optimism about future opportunities.
Earlier in September, Trump said Zuckerberg told him during a call after the July assassination attempt that he will <a href="https://www.benzinga.com/news/24/09/40785288/did-mark-zuckerberg-really-say-no-way-i-can-vote-for-a-democrat-in-this-election-to-trump">not vote for a Democrat</a> in this election. However, a Meta spokesperson denied this, stating that Zuckerberg has not endorsed either Trump or Kamala Harris.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06214849/Screenshot-2024-11-07-at-8.18.42%E2%80%AFAM-1024x276.png" alt="" class="wp-image-634175" /><figcaption class="wp-element-caption">Source: Threads</figcaption></figure>
Others including Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) CEO Pet Gelsinger, IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) CEO Arvind Krishna, Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) CEO Chuck Robbins, Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) CEO Dara Khosrowshahi, and Box Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) CEO Aaron Levie, also extended their congratulations to Trump.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We congratulate President-Elect Trump and Vice President-Elect Vance on their victory and look forward to working with their administration to advance America's technology and manufacturing leadership in the world.
&mdash; Pat Gelsinger (@PGelsinger) <a href="https://twitter.com/PGelsinger/status/1854220957591953743?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06215629/Screenshot-2024-11-07-at-8.26.24%E2%80%AFAM-1024x341.png" alt="" class="wp-image-634177" /><figcaption class="wp-element-caption">Source: LinkedIn</figcaption></figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Cisco looks forward to working with the incoming Trump Administration and Congress—as well as the governors, state lawmakers, and local officials across the US—to advance policies that bolster connectivity, innovation, cybersecurity, and more.
&mdash; Chuck Robbins (@ChuckRobbins) <a href="https://twitter.com/ChuckRobbins/status/1854194562266255811?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congratulations President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> on a resounding victory. We stand ready to work with you and your administration on ways to improve transportation, empower small businesses, and raise the bar for flexible work.
&mdash; dara khosrowshahi (@dkhos) <a href="https://twitter.com/dkhos/status/1854256317483130892?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Wild ride. Congrats to <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> on becoming President again. What's great about America is that we're on a rocket ship right now and can keep accelerating with the right policies and execution.
&mdash; Aaron Levie &#x1f1fa;&#x1f1f8; (@levie) <a href="https://twitter.com/levie/status/1854059536405152024?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On the other hand, LinkedIn co-founder Reid Hoffman, a prominent supporter of Vice President Harris' campaign, while acknowledging Trump&#8217;s win, urged Americans to unite.
&#8220;I—and many others—raised alarms about the anti-democratic actions Donald Trump took during his first Presidency, and has promised to take this next time,&#8221; he said in a post on X, adding that Trump's supporters assured him that such behavior wouldn't continue.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We now have a President-elect of the United States: Donald Trump. It is clear that he has again won the presidency in a country where we enjoy relatively unfettered rights to vote, speak out, and steer our futures. In January, we will enjoy a peaceful transfer of power. Peaceful…
&mdash; Reid Hoffman (@reidhoffman) <a href="https://twitter.com/reidhoffman/status/1854253729756917907?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Previously, it was reported that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41755274/trump-win-could-hinder-tech-ev-sector-growth-slow-the-pace-of-ai-revolution-analyst">technology investors are concerned</a> that Trump&#8217;s presidency could lead to higher tariffs, straining U.S.-China relations and disrupting the tech supply chain.
Companies like Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple, and Tesla may face retaliation from China. Analysts also fear that the President-elect&#8217;s administration could slow the AI revolution.
GOP sweep of the White House and Congress could boost the stock market but negatively impact Big Tech, the analysts have stated.
Trump&#8217;s presidency could also <a href="https://www.benzinga.com/news/24/11/41781921/what-does-trumps-victory-mean-for-ev-giant-tesla-and-the-big-3-automakers">hurt the broader EV market</a> due to the loss of tax incentives. However, Tesla's size and position could provide an edge, as higher tariffs could limit competition from Chinese companies like BYD and Nio.
During Trump's first term, many tech leaders openly opposed him, resigning from advisory councils and challenging his policies.
However, they faced consequences, including Amazon's claim that it lost a $10 billion Pentagon contract due to Trump's alleged personal vendetta against Bezos, <a href="https://www.nytimes.com/2024/11/06/technology/trump-musk-ai-crypto.html">reported</a> the New York Times.
This time, tech leaders are taking a different approach. Some, like Zuckerberg, who Trump threatened to put in jail, began aligning with the President-elect before the election. Former critics, including Bezos, have refrained from public criticism, the report noted.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41705075/jeff-bezos-backed-perplexitys-new-ai-election-hub-promises-real-time-vote-counts-and-candidate-summa?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jeff Bezos-Backed Perplexity&#8217;s New AI Election Hub Promises Real-Time Vote Counts And Candidate Summaries — But What About Its Accuracy?</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

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Tim Cook, Mark Zuckerberg, And Jeff Bezos Congratulate Trump: What's Next For The Tech Giants?

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Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$145.00</td>
<td>$30.2K</td>
<td>59.8K</td>
<td>115.2K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$20.00</td>
<td>$61.8K</td>
<td>19.9K</td>
<td>16.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$55.2K</td>
<td>128.8K</td>
<td>14.8K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$65.00</td>
<td>$31.3K</td>
<td>7.7K</td>
<td>3.2K</td>
</tr>
<tr>
<td>ZS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$160.00</td>
<td>$2.2 million</td>
<td>1.1K</td>
<td>3.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$170.00</td>
<td>$146.4K</td>
<td>9.4K</td>
<td>2.2K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$45.00</td>
<td>$100.3K</td>
<td>3.3K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$57.00</td>
<td>$37.2K</td>
<td>1.6K</td>
<td>711</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$230.00</td>
<td>$30.0K</td>
<td>1.6K</td>
<td>578</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$170.00</td>
<td>$66.1K</td>
<td>3.3K</td>
<td>467</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 8, 2024. Parties traded 159 contract(s) at a $145.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $190.0 per contract. There were 59807 open contracts at this strike prior to today, and today 115290 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option trade with bullish sentiment. It expires in 9 day(s) on November 15, 2024. Parties traded 711 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $61.8K, with a price of $87.0 per contract. There were 19906 open contracts at this strike prior to today, and today 16286 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $200.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $55.2K, with a price of $2760.0 per contract. There were 128880 open contracts at this strike prior to today, and today 14851 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on January 17, 2025. Parties traded 257 contract(s) at a $65.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $122.0 per contract. There were 7742 open contracts at this strike prior to today, and today 3265 contract(s) were bought and sold. 
• For ZS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>), we notice a put option trade that happens to be bearish, expiring in 135 day(s) on March 21, 2025. This event was a transfer of 3125 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $2.2 million, with a price of $730.0 per contract. There were 1169 open contracts at this strike prior to today, and today 3125 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on December 20, 2024. Parties traded 1077 contract(s) at a $170.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $146.4K, with a price of $136.0 per contract. There were 9408 open contracts at this strike prior to today, and today 2252 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bullish sentiment. It expires in 436 day(s) on January 16, 2026. Parties traded 300 contract(s) at a $45.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $100.3K, with a price of $335.0 per contract. There were 3384 open contracts at this strike prior to today, and today 1263 contract(s) were bought and sold. 
• For CSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on November 15, 2024. This event was a transfer of 300 contract(s) at a $57.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $124.0 per contract. There were 1687 open contracts at this strike prior to today, and today 711 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option trade that happens to be neutral, expiring in 9 day(s) on November 15, 2024. This event was a transfer of 10 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $3007.0 per contract. There were 1677 open contracts at this strike prior to today, and today 578 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on November 15, 2024. This event was a transfer of 105 contract(s) at a $170.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $66.1K, with a price of $630.0 per contract. There were 3344 open contracts at this strike prior to today, and today 467 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

MARA

MSTR

PLTR

QCOM

SMCI

10 Information Technology Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$140.00</td>
<td>$37.4K</td>
<td>35.7K</td>
<td>96.6K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$235.4K</td>
<td>20.2K</td>
<td>26.5K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$235.00</td>
<td>$27.0K</td>
<td>24.9K</td>
<td>11.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$19.50</td>
<td>$30.4K</td>
<td>13.4K</td>
<td>5.9K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$250.00</td>
<td>$89.0K</td>
<td>3.3K</td>
<td>4.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$495.00</td>
<td>$529.4K</td>
<td>230</td>
<td>2.4K</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$55.00</td>
<td>$37.5K</td>
<td>1.0K</td>
<td>529</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$140.00</td>
<td>$79.5K</td>
<td>971</td>
<td>320</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$200.00</td>
<td>$56.3K</td>
<td>1.8K</td>
<td>292</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$180.00</td>
<td>$25.2K</td>
<td>9.5K</td>
<td>253</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option trade with bearish sentiment. It expires in 2 day(s) on November 1, 2024. Parties traded 148 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $37.4K, with a price of $253.0 per contract. There were 35794 open contracts at this strike prior to today, and today 96643 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option sweep that happens to be bearish, expiring in 79 day(s) on January 17, 2025. This event was a transfer of 1427 contract(s) at a $20.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $235.4K, with a price of $165.0 per contract. There were 20241 open contracts at this strike prior to today, and today 26576 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on November 1, 2024. Parties traded 100 contract(s) at a $235.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 24907 open contracts at this strike prior to today, and today 11650 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 1, 2024. Parties traded 800 contract(s) at a $19.50 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $30.4K, with a price of $38.0 per contract. There were 13423 open contracts at this strike prior to today, and today 5975 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on November 1, 2024. This event was a transfer of 100 contract(s) at a $250.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $89.0K, with a price of $890.0 per contract. There were 3315 open contracts at this strike prior to today, and today 4687 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bearish sentiment. It expires in 169 day(s) on April 17, 2025. Parties traded 471 contract(s) at a $495.00 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $529.4K, with a price of $1125.0 per contract. There were 230 open contracts at this strike prior to today, and today 2496 contract(s) were bought and sold. 
• Regarding CSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), we observe a put option sweep with bearish sentiment. It expires in 142 day(s) on March 21, 2025. Parties traded 140 contract(s) at a $55.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $268.0 per contract. There were 1064 open contracts at this strike prior to today, and today 529 contract(s) were bought and sold. 
• For DELL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), we notice a put option sweep that happens to be bullish, expiring in 79 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $140.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $79.5K, with a price of $1590.0 per contract. There were 971 open contracts at this strike prior to today, and today 320 contract(s) were bought and sold. 
• For ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we notice a call option trade that happens to be neutral, expiring in 233 day(s) on June 20, 2025. This event was a transfer of 55 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $56.3K, with a price of $1025.0 per contract. There were 1867 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bearish sentiment. It expires in 51 day(s) on December 20, 2024. Parties traded 21 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $1200.0 per contract. There were 9578 open contracts at this strike prior to today, and today 253 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ORCL

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AI-themed exchange-traded funds (ETFs) are witnessing a significant surge as asset managers capitalize on the growing enthusiasm surrounding <a href="https://www.benzinga.com/topic/artificial-intelligence">artificial intelligence</a>. This year, over one-third of the two dozen AI-focused ETFs were launched, according to Morningstar.
What Happened: In the past week alone, three new ETFs have entered the AI sector, including one that was rebranded to specifically focus on artificial intelligence, Reuters reported on Monday. The total assets of AI ETFs have now reached $4.5 billion, approaching the $5.5 billion held by nuclear power-themed ETFs and surpassing the $1.37 billion in the cannabis sector.
Daniel Sotiroff, a senior analyst at Morningstar, remarked on the trend, stating, &#8220;I&#8217;m not surprised their ranks are multiplying.&#8221; 
He emphasized that the industry&#8217;s rapid pace attracts investors eager for quick returns, according to the report.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41560703/november-interest-rate-cut-almost-a-done-deal-as-blackout-begins-10-stocks-surging-the-most-sinc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed&#8217;s Last Decision</a>
As per Benzinga Pro data, here are how some of the AI-based ETFs performed over the past year:
Global X Robotics and Artificial Intelligence ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOTZ#NASDAQ">BOTZ</a>): BOTZ, currently with net assets worth $2.51 billion and NAV of $31.59, climbed 40.39%. Its top AI-related holdings include Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and biotech firm Intuitive Surgical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>).
Global X Artificial Intelligence &amp; Technology ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>): AIQ, which has $2.27 billion in net assets and $37.36 NAV, increased by 43.64%. Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), and Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) are some of its top AI-related holdings.
iShares US Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYW#NYSE">IYW</a>): IYW gained 50.72% in the past year. The ETF has an NAV of $155.42 and $19.24 billion in net assets. It also gives exposure to tech stocks like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) which have witnessed stellar growth, thanks to AI buzz.
Fidelity MSCI Information Technology Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTEC#NYSE">FTEC</a>): The ETF witnessed a 48.55% growth while exposing to stocks like Apple, Microsoft, Nvidia, Alphabet and Broadcom. It holds $12.05 billion in net assets. 
Why It Matters: The surge in AI-themed ETFs is part of a broader trend driven by the increasing demand for artificial intelligence technologies. Recently, Nvidia briefly surpassed Apple to become the <a href="https://www.benzinga.com/markets/equities/24/10/41551461/nvidia-overtakes-apple-as-worlds-most-valuable-company-again">world&#8217;s most valuable company</a>, fueled by the demand for its AI supercomputing chips. This highlights the growing importance of AI in the tech sector.
Moreover, the <a href="https://www.benzinga.com/news/24/10/41351070/imf-warns-ai-in-stock-trading-can-boost-efficiency-but-warns-of-increased-market-volatility">International Monetary Fund</a> (IMF) has noted AI&#8217;s potential to enhance market efficiency but warns of increased volatility and cyber threats. The IMF&#8217;s Global Financial Stability Report suggests that AI-driven trading could revolutionize markets, although its adoption remains limited. The report also cautions about the potential shift of investments to less regulated nonbank financial intermediaries, complicating market oversight.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Unsplash

Sector ETFs

BOTZ

ISRG

iShares Dow Jones US Technology Sector Index Fund

More Than A Third Of AI-Based ETFs Were Launched In 2024, Focusing On Nvidia, Microsoft, Apple And Meta, Among Others: Here's How Some Of Them Have Performed This Year So Far

Shares of Cisco Systems Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/csco#NASDAQ">CSCO</a>) have <a href="https://www.marketbeat.com/stocks/NASDAQ/CSCO/news/" rel="noopener" target="_blank">been making headlines</a> for all the right reasons with their multi-month rally, which has added 30% since August. Though still short of its pandemic-era highs, <a href="https://www.marketbeat.com/stocks/sectors/computer-and-technology/" rel="noopener" target="_blank">the tech titan</a> is continuing to gain momentum, and <a href="https://www.marketbeat.com/originals/cisco-on-the-rise-ai-potential-and-analyst-upgrades-drive-gains/" rel="noopener" target="_blank">expectations are building</a> accordingly as we head into the final few months of the year.
With a market cap of $225 billion, the San Jose-based company is a well-known leader in networking and AI-driven solutions. So, why should investors consider jumping in now? Well, there are several reasons to consider&mdash;let&#39;s take a closer look.
<h3>Cisco&#39;s Strong Momentum</h3>
Starting with the company&#39;s fundamental performance, it has to be acknowledged that Cisco&#39;s performance in this department has been impressive. The company continued its long track record of smashing expectations in its most <a href="https://www.marketbeat.com/stocks/NASDAQ/CSCO/earnings/" rel="noopener" target="_blank">recent earnings report</a> from August, easily topping analyst forecasts.&nbsp;
This was the starting point for the current rally, and the strong showing has fueled optimism heading into November&#39;s earnings report, with many expecting another positive surprise. As CEO Chuck Robbins summed up in August, &quot;We saw steady customer demand with order growth across the business as customers rely on Cisco to connect and protect all aspects of their organizations in the era of AI.&quot; Based on how the stock is trading right now, it&#39;s clear Wall Street expects this demand <a href="https://www.marketbeat.com/stock-ideas/these-3-blue-chips-slipped-under-the-markets-radar/" rel="noopener" target="_blank">to underpin further gains</a> into 2025.&nbsp;
<h3>Bullish Analyst Updates Signal Confidence in Cisco&#39;s Upside Potential</h3>
Based on all this, it&#39;s perhaps no&nbsp;surprise that analysts&nbsp;<a href="https://www.marketbeat.com/stock-ideas/why-alphabet-could-rally-30-before-christmas/" rel="noopener" target="_blank">are exceedingly confident</a> in Cisco&#39;s upside potential. This month alone, the teams at Citigroup and Tigress Financial both rated&nbsp;Cisco a Buy. These updates were built on sentiments similar to those of Evercore ISI towards the end of last month.&nbsp;
There&#39;s a solid consensus among all the teams that Cisco&#39;s shift to AI-driven networks is paying off, and the expectation is that this will play a key role in reversing the recent revenue decline. The company recently reiterated expectations for $1 billion of AI-related orders to land in 2025, reflecting a solid picture of market demand for Cisco&#39;s product offering.
Considering this, the <a href="https://www.marketbeat.com/stocks/NASDAQ/CSCO/forecast/" rel="noopener" target="_blank">updated price targets</a> from the teams covering Cisco are worth paying attention to. Tigress&#39;s $78 price target, in particular, should make investors sit up. The stock closed below $57 on Friday evening, so even with the current 30% rally under its belt, that&#39;s pointing to an additional targeted upside of some 35%.&nbsp;
It&#39;s also worth noting the broader macro tailwinds that are in place and supporting Cisco&#39;s rally. The Fed has started to cut rates, fuelling a risk-on sentiment for stocks, and the broader equity market, as seen through the benchmark S&amp;P 500 index, is at an all-time high.&nbsp;
<h3>Potential Concerns: Cisco&#39;s RSI Hits 82, Signaling Overbought Conditions</h3>
While Cisco&#39;s long-term outlook is promising, some short-term concerns are worth noting. The ongoing rally has pushed the stock&#39;s relative strength index (RSI) to 82. The RSI is a popular technical indicator that measures momentum, and any reading above 70 suggests the stock is getting frothy and may be due for a pullback in the near term.
Investors should be cautious of any short-term volatility in Cisco shares. Still, based on the bull&#39;s argument, any dip should be treated like a buying opportunity, as a high RSI also reflects strong underlying demand.
<h3>Cisco&#39;s Fundamental Momentum Signals More Gains Ahead</h3>
For those of us on the sidelines, as we head into the last couple of weeks of the year, Cisco is a stock worth placing high on your watchlist. The long-term outlook remains solidly bullish with its growing leadership position in AI networking, bullish analyst updates, and fundamental momentum. It&#39;s fair for investors to expect the stock to continue performing well, especially if the company can once again beat expectations for November&#39;s earnings report.
The article &quot;<a href="https://www.marketbeat.com/originals/cisco-why-analysts-are-targeting-35-gains-by-christmas/">Cisco: Why Analysts Are Targeting 35% Gains by Christmas</a>&quot; first appeared on MarketBeat.

Cisco: Why Analysts Are Targeting 35% Gains By Christmas

<ul>
<li>Cisco's Webex AI Agent automates contact center inquiries with conversational intelligence for quick and effective issue resolution</li>
<li>New&nbsp;Webex AI Agent, AI Agent Studio and Cisco AI Assistant for Webex Contact Center will change how businesses interact with and support their customers</li>
</ul>
FORT LAUDERDALE, Fla., Oct. 23, 2024 /PRNewswire/ -- Today at WebexOne, Cisco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) unveiled new <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4284265-1&amp;h=2915418951&amp;u=https%3A%2F%2Fblog.webex.com%2Fcustomer-experience%2Frevolutionizing-customer-experience-webex-ai-powered-innovations%2F&amp;a=AI-powered+innovations%2C">AI-powered innovations,</a> including the Webex AI Agent, AI Agent Studio and Cisco AI Assistant features for Webex Contact Center. These AI solutions leverage advanced conversational intelligence and automation to enhance customer interactions, streamline issue resolution and improve overall customer satisfaction. This enables business leaders to deliver faster, more effective and more em

Cisco Unveils New AI-Powered Innovations, Including The Webex AI Agent, AI Agent Studio And Cisco AI Assistant Features For Webex Contact Center

Analyst Ratings

CWST

CNBC Halftime Report Final Trades: Cisco Systems, Casella Waste Systems, IonQ, Netflix

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) against its key competitors in the Communications Equipment industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Cisco Systems Background</h3>
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Cisco Systems Inc</td>
<td>22.35</td>
<td>4.98</td>
<td>4.29</td>
<td>4.74%</td>
<td>$3.64</td>
<td>$8.78</td>
<td>-10.27%</td>
</tr>
<tr>
<td>Motorola Solutions Inc</td>
<td>55.64</td>
<td>98.86</td>
<td>7.80</td>
<td>66.97%</td>
<td>$0.75</td>
<td>$1.34</td>
<td>9.36%</td>
</tr>
<tr>
<td>Ubiquiti Inc</td>
<td>43.43</td>
<td>159.95</td>
<td>7.88</td>
<td>171.67%</td>
<td>$0.14</td>
<td>$0.2</td>
<td>3.33%</td>
</tr>
<tr>
<td>Juniper Networks Inc</td>
<td>55.23</td>
<td>2.87</td>
<td>2.52</td>
<td>0.76%</td>
<td>$0.11</td>
<td>$0.69</td>
<td>-16.82%</td>
</tr>
<tr>
<td>F5 Inc</td>
<td>23.44</td>
<td>4.21</td>
<td>4.66</td>
<td>4.85%</td>
<td>$0.19</td>
<td>$0.56</td>
<td>-1.02%</td>
</tr>
<tr>
<td>Ciena Corp</td>
<td>69.50</td>
<td>3.26</td>
<td>2.38</td>
<td>0.49%</td>
<td>$0.07</td>
<td>$0.4</td>
<td>-11.76%</td>
</tr>
<tr>
<td>Calix Inc</td>
<td>1304</td>
<td>3.41</td>
<td>2.76</td>
<td>-1.06%</td>
<td>$-0.01</td>
<td>$0.11</td>
<td>-24.09%</td>
</tr>
<tr>
<td>Harmonic Inc</td>
<td>30.10</td>
<td>4.28</td>
<td>2.99</td>
<td>-3.13%</td>
<td>$-0.01</td>
<td>$0.07</td>
<td>-11.04%</td>
</tr>
<tr>
<td>Digi International Inc</td>
<td>66.74</td>
<td>1.99</td>
<td>2.63</td>
<td>1.74%</td>
<td>$0.02</td>
<td>$0.06</td>
<td>-6.27%</td>
</tr>
<tr>
<td>Aviat Networks Inc</td>
<td>26.74</td>
<td>1.14</td>
<td>0.70</td>
<td>0.17%</td>
<td>$0.01</td>
<td>$0.04</td>
<td>27.91%</td>
</tr>
<tr>
<td>Average</td>
<td>186.09</td>
<td>31.11</td>
<td>3.81</td>
<td>26.94%</td>
<td>$0.14</td>
<td>$0.39</td>
<td>-3.38%</td>
</tr>
</tbody>
</table>
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 </style>When closely examining Cisco Systems, the following trends emerge: 
<ul>
<li>
At 22.35, the stock's Price to Earnings ratio is 0.12x less than the industry average, suggesting favorable growth potential.
</li>
<li>
Considering a Price to Book ratio of 4.98, which is well below the industry average by 0.16x, the stock may be undervalued based on its book value compared to its peers.
</li>
<li>
The Price to Sales ratio of 4.29, which is 1.13x the industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.
</li>
<li>
The Return on Equity (ROE) of 4.74% is 22.2% below the industry average, suggesting potential inefficiency in utilizing equity to generate profits.
</li>
<li>
The company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $3.64 Billion, which is 26.0x above the industry average, indicating stronger profitability and robust cash flow generation.
</li>
<li>
With higher gross profit of $8.78 Billion, which indicates 22.51x above the industry average, the company demonstrates stronger profitability and higher earnings from its core operations.
</li>
<li>
The company's revenue growth of -10.27% is significantly lower compared to the industry average of -3.38%. This indicates a potential fall in the company's sales performance.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729522851_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio assesses the extent to which a company relies on borrowed funds compared to its equity.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When comparing Cisco Systems with its top 4 peers based on the Debt-to-Equity ratio, the following insights can be observed:
<ul>
<li>
Cisco Systems is positioned in the middle in terms of the debt-to-equity ratio compared to its top 4 peers.
</li>
<li>
This suggests a balanced financial structure, where the company maintains a moderate level of debt while also relying on equity financing with a debt-to-equity ratio of 0.68.
</li>
</ul>
<h3>Key Takeaways</h3>
For Cisco Systems, the PE ratio is low compared to peers, indicating potential undervaluation. The PB ratio is also low, suggesting a possible bargain opportunity. However, the PS ratio is high, which may indicate overvaluation based on revenue. In terms of ROE, Cisco Systems has a low return compared to peers. The high EBITDA and gross profit suggest strong operational performance, while the low revenue growth indicates potential challenges in expanding market share.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comparing Cisco Systems With Industry Competitors In Communications Equipment Industry

High-rolling investors have positioned themselves bullish on Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CSCO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Cisco Systems. This is not a typical pattern.
The sentiment among these major traders is split, with 50% bullish and 50% bearish. Among all the options we identified, there was one put, amounting to $34,750, and 7 calls, totaling $337,996.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $60.0 for Cisco Systems over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Cisco Systems's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cisco Systems's whale activity within a strike price range from $55.0 to $60.0 in the last 30 days. 
<h3>Cisco Systems 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729179148_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$0.46</td>
<td>$0.45</td>
<td>$0.45</td>
<td>$56.00</td>
<td>$89.1K</td>
<td>17.6K</td>
<td>9.5K</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.3</td>
<td>$5.25</td>
<td>$5.3</td>
<td>$55.00</td>
<td>$71.5K</td>
<td>4.7K</td>
<td>145</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.32</td>
<td>$0.31</td>
<td>$0.32</td>
<td>$56.00</td>
<td>$58.2K</td>
<td>17.6K</td>
<td>7.4K</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.95</td>
<td>$4.75</td>
<td>$6.95</td>
<td>$60.00</td>
<td>$34.7K</td>
<td>180</td>
<td>50</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$0.93</td>
<td>$0.9</td>
<td>$0.92</td>
<td>$60.00</td>
<td>$32.0K</td>
<td>7.1K</td>
<td>547</td>
</tr>
</tbody>
</table>

<h3>About Cisco Systems</h3>
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
In light of the recent options history for Cisco Systems, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Cisco Systems</h3>
<ul>
<li>With a trading volume of 4,465,846, the price of CSCO is up by 0.06%, reaching $56.41.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 27 days from now.</li>
</ul>
<h3>What The Experts Say On Cisco Systems</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $66.66666666666667.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Cisco Systems, which currently sits at a price target of $60. 
&#x2A; An analyst from Tigress Financial has decided to maintain their Buy rating on Cisco Systems, which currently sits at a price target of $78. 
&#x2A; An analyst from Citigroup upgraded its action to Buy with a price target of $62. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cisco Systems with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Cisco Systems Unusual Options Activity For October 17

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587639df5064ed0001400135/david-manthey">Baird analyst David Manthey</a> upgraded the rating for W.W. Grainger, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) from Neutral to Outperform and raised the price target from $975 to $1,230. Grainger shares closed at $1,085.57 on Tuesday. <a href="https://www.benzinga.com/quote/GWW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst David Begleiter upgraded Westlake Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLK#NYSE">WLK</a>) from Underperform to Neutral and boosted the price target from $151 to $159. Westlake shares closed at $141.80 on Tuesday. <a href="https://www.benzinga.com/quote/WLK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Atif Malik upgraded the rating for Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) from Neutral to Buy and increased the price target from $52 to $62. Cisco shares closed at $54.08 on Tuesday. <a href="https://www.benzinga.com/quote/CSCO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Cleveland Research upgraded the rating for SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) from Neutral to Buy. SAP shares closed at $229.52 on Tuesday. <a href="https://www.benzinga.com/quote/SAP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Raymond James analyst Steven Seedhouse upgraded Wave Life Sciences Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WVE#NASDAQ">WVE</a>) from Outperform to Strong Buy and increased the price target from $13 to $22. WAVE Life Sciences shares closed at $8.56 on Tuesday. <a href="https://www.benzinga.com/quote/WVE/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying CSCO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="517" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16144213/image-130-1024x517.png" alt="" class="wp-image-599072" style="width:632px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16144213/image-130-1024x517.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16144213/image-130-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16144213/image-130-768x388.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16144213/image-130.png 1297w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More:<a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h"> </a>
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h">United Airlines Posts Upbeat Earnings, Joins Morgan Stanley, U.S. Bancorp And Other Big Stocks Moving Higher On Wednesday</a></li>
</ul>

Upgrades

This Cisco Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Cisco Systems shares are trading higher after Citigroup upgraded the stock from Neutral to Buy and raised its price target from $52 to $62.

Citigroup analyst Atif Malik upgrades Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) from Neutral to Buy and raises the price target from $52 to $62.

Price Target

Citigroup Upgrades Cisco Systems to Buy, Raises Price Target to $62

U.S. stock futures point to a flattish start on Wednesday after the <a href="https://www.benzinga.com/markets/equities/24/10/41341168/chipmaker-stocks-sink-on-asml-earnings-leak-oil-eyes-worst-1-day-drop-this-year-small-caps-rally">S&amp;P 500 Index and the Dow Jones Industrial Average retreated from record highs</a> in the previous session. A rebound by tech stocks could lend support to the market but the absence of any major economic catalysts could render the mood uncertain, potentially leading to a range-bound move. Earnings news, and preannouncements, if any, may also guide the market. Crude oil continues to be weak amid the fluid geopolitical situation, exerting further downward pressure on energy stocks.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.09%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.02%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.05%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.49%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.07% to $580.16 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) moved up 0.10% to $491.36, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
Wall Street pulled back sharply from their record highs on Tuesday as Dutch chip-equipment maker ASML Holdings N.V.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) weak revenue forecast weighed down on the artificial intelligence hardware space and oil&#8217;s plunge hurt energy stocks. The major indices opened on a mixed note after a regional manufacturing survey showed an unexpected contraction. 
The S&amp;P 500 and the Nasdaq Composite indices, which started higher, gave back their gains and fell sharply after ASML&#8217;s early earnings release. They languished below the unchanged line for the rest of the session before ending sharply lower, while the Dow was in the red throughout the session.
Healthcare stocks also pulled back strongly, while real-estate stocks ended firmer during the session.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td> Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-1.01%</td>
<td>18,315.59</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>-0.76%</td>
<td>5,815.26</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.75%</td>
<td>42,740.42</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.05%</td>
<td>2,249.82</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Given the bull market has progressed beyond the second year, more gains could follow, according to Carson Group&#8217;s Chief Market Strategist Ryan Detrick. &#8220;Going back 50 years, if a bull market makes it past it&#8217;s 2nd birthday (like this one) that is a great sign many more years could be left in the tank,&#8221; he said. 
&#8220;Five bull markets made it this far and the shortest was at least 5 years old when it ended,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Going back 50 years, if a bull market makes it past it&#39;s 2nd birthday (like this one) that is a great sign many more years could be left in the tank. Five bull markets made it this far and the shortest was at least 5 years old when it ended. &#x1f4aa; <a href="https://t.co/pEcNTRyGRl">pic.twitter.com/pEcNTRyGRl</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1846381774533722340?ref_src=twsrc%5Etfw">October 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">See also: <a href="https://www.benzinga.com/money/how-to-trade-futures-on-thinkorswim">How To Trade Futures</a></figcaption></figure>
Upcoming Economic Data:
<ul>
<li>The Labor Department is due to release its import and export prices report for September at 8:30 a.m. EDT. Economists, on average, expect 0.4% and 0.3% declines in export and import prices, respectively, following 0.7% and 0.3% declines in August.</li>
</ul>
Stocks In Focus:
<ul>
<li> J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) climbed over 7% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the release of the company&#8217;s quarterly results. </li>
<li>NovoCure Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVCR#NASDAQ">NVCR</a>) jumped nearly 30% after the FDA approved the company&#8217;s lung cancer treatment.</li>
<li>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) and Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) are among the noteworthy <a href="https://www.benzinga.com/calendars/earnings">companies reporting ahead of the market opening.</a></li>
<li>Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) rose over 1.5% on a positive analysts&#8217; action.</li>
<li>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) declined over 2% after a report said Qualcomm, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) has been asked to wait until the U.S. election regarding its intention to invest in the troubled chipmaker.</li>
<li>Those reporting after the close include Alcoa Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>), CSX Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>), Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>), Kinder Morgan, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>) and Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures retreated, although the loss was much more modest than Tuesday&#8217;s, while gold futures rose modestly. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rose past the $67.5 level, while the 10-year U.S. Treasury note slipped 2.6 points to 4.012%.
Most Asian markets declined, led by the Japanese market, although the Chinese and Indonesian markets notched up small gains. The tech sell-off seen in Europe and the U.S. dampened sentiment in the domestic markets. 
European stocks were on the back foot in early trading but the U.K. market was seen advancing.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41351475/after-asml-rocks-ai-hardware-names-gene-munster-explains-why-its-overreaction-ai-tr">After ASML Rocks AI Hardware Names, Gene Munster Explains Why It&#8217;s &#8216;Overreaction:&#8217; &#8216;AI Trade Is On Track&#8217;</a></li>
</ul>
Photo via Shutterstock

ASML

JBHT

NVCR

STLD

US Stocks Could Open Narrowly Mixed After Tuesday's Chip Sell-Off, Bitcoin Heads To $68K, Oil Slips

9 analysts have expressed a variety of opinions on Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $57.56, a high estimate of $78.00, and a low estimate of $49.00. This upward trend is apparent, with the current average reflecting a 3.94% increase from the previous average price target of $55.38.
<img src="https://www.benzinga.com/files/images/story/2024/1728932412_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Cisco Systems among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ivan Feinseth</td>
<td>Tigress Financial</td>
<td>Raises</td>
<td>Buy</td>
<td>$78.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Amit Daryanani</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$58.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Pierre Ferragu</td>
<td>New Street Research</td>
<td>Announces</td>
<td>Buy</td>
<td>$57.00</td>
<td>-</td>
</tr>
<tr>
<td>James Fish</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$52.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>George Notter</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$53.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Matthew Niknam</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$53.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Tim Long</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$49.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Mike Genovese</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$56.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cisco Systems. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cisco Systems compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Cisco Systems's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Cisco Systems's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/CSCO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cisco Systems analyst ratings.</a>
<h2>Get to Know Cisco Systems Better</h2>
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
<h3>Unraveling the Financial Story of Cisco Systems</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Challenges: Cisco Systems's revenue growth over 3 months faced difficulties. As of 31 July, 2024, the company experienced a decline of approximately -10.27%. This indicates a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Cisco Systems's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.85%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.74%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Cisco Systems's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.75%, the company showcases efficient use of assets and strong financial health.
Debt Management: Cisco Systems's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.68.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Cisco Systems: 9 Analysts Share Their Views

Tigress Financial analyst Ivan Feinseth maintains Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) with a Buy and raises the price target from $76 to $78.

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Networking solutions and IT infrastructure leader Cisco Systems ($CSCO) is set to report its Fiscal Q1 earnings on November 13. The company aims to...

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