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iShares Dow Jones US Telecom ETF News

$20.88
-0.100 (-0.477%)
At Close: Jun 14, 2024
Cisco (CSCO) beat estimates on both earnings and revenues but provided a weak outlook and revealed plans to lay off 5% of its global workforce, pushing its share price down.

Assessing Telecomm ETFs Amid Q4 Earnings

07:01pm, Monday, 29'th Jan 2024
Look into how telecomm ETFs reacted to Q4 earnings.
Telecommunications have become the backbone of our society. iShares U.S. Telecommunications ETF has been a relative underperformer against the S&P 500 for years now, but the price ratio looks like it'
On Jan 9, 2024, Hewlett Packard Enterprise (HPE) has announced its intention to acquire networking gear vendor Juniper Networks in an all-cash deal valued at approximately $14 billion.
Cisco Systems (CSCO) beat first-quarter fiscal 2024 estimates on both counts but cut its revenue and earnings outlook for the fiscal year, which pulled down the stock price.

Assessing Telecomm ETFs Amid Q3 Earnings

01:32pm, Thursday, 26'th Oct 2023
With the Telecom sector posting results for Q3 2023, look into Telecom ETFs to capitalize on the opportunities present.
IP-based networking company Cisco Systems (CSCO) has announced its acquisition of cybersecurity heavyweight, Splunk (SPLK), for a staggering $28 billion.
Roku's strategic cost-cutting measures, including workforce reductions and hiring slowdown, have driven a surge in its stock price.

Cisco Beats on Q4 Earnings: ETFs in Focus

01:17pm, Thursday, 17'th Aug 2023
Cisco (CSCO) beat on both earnings and revenues but offered a downbeat guidance for the fiscal year. This has put ETFs with the largest allocation to this networking giant in focus.

How Will Telecom ETFs React to Mixed Q2 Earnings?

12:00pm, Thursday, 03'rd Aug 2023
With the Telecom sector posting mixed results for Q2 2023, look into Telecom ETFs to capitalize on the opportunities present.
Cisco beat on both earnings and revenues, and offered an encouraging revenue guidance for the current quarter. However, orders declined 23%%, sending shares down.
With AT&T and Verizon reporting their earnings for Q1 of 2023, take a look into how the Telecommunications sector is performing.
Cisco Systems (CSCO) beat on both earnings and revenues, and offered encouraging revenue guidance for the current quarter. Cisco also raised its fiscal-year revenue outlook.

Cisco Pops on Earnings Beat: ETFs to Buy

12:03pm, Thursday, 18'th Aug 2022
Cisco Systems (CSCO) beat on both earnings and revenues, and provided an upbeat revenue forecast for the October quarter, citing easing supply-chain constraints.

Final Trades: Uber, Nvidia, Telecom & more

02:31pm, Monday, 08'th Aug 2022
The "Halftime Report" traders give their top picks to watch for the second half.
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