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Cisco Systems, Inc. - CSCO STOCK NEWS

Welcome to our dedicated news page for Cisco Systems (Ticker: CSCO), a resource for investors and traders seeking the latest updates and insights on Cisco Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cisco Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cisco Systems's position in the market.

Rhea-AI Summary
Cisco Systems Inc. was honored for topping the 2023 List of Companies That Care due to its employee culture of giving back. The company's multi-year journey to engage employees for positive impact resulted in significant increases in donations and volunteerism, leading to tangible benefits for Cisco. By leveraging business transformation, Cisco achieved an 81% employee participation rate in giving back. This resulted in a 176% increase in volunteer hours and a 150% increase in employee donations and matching. The company provided a total of $130 million to over 7,000 nonprofits over the past four years, leading to increased social impact and substantial business value. A longitudinal study conducted by Cisco's Research and Intelligence team revealed that employees who engaged in community impact actions had higher retention rates, bonuses, promotion odds, and recognition. The study also found that leaders who engaged in giving back had teams with higher rates of promotion and recognition, as well as 20% lower attrition rates. This demonstrates that doing good for the world is good for business, forming the foundation for building a purpose-driven employee culture at Cisco.
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0.37%
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Cisco Systems Inc. announces Mary Fernandez as the global lead for disability and neuro-inclusion, aiming to enhance diversity and inclusion in the company. Fernandez will focus on implementing strategies to support employees with disabilities and neurodiversity, fostering a more inclusive work environment.
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0.89%
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Windstream Wholesale and Cisco announced the successful transmission of a 1 terabit per second (Tbps) wavelength over a 1,100-kilometer link across multiple routes on Windstream’s Intelligent Converged Optical Network (ICON). This achievement was enabled by the Cisco NCS 1014 C-Band 2.4T WDM Transponder Line Card with Acacia’s Coherent Interconnect Module (CIM) 8. The successful trial deployments demonstrate the industry's first 1.2Tbps faceplate pluggable coherent solution and reinforce Windstream's 800G wave strategy. The collaboration between Windstream Wholesale, Cisco, and Acacia has resulted in numerous successful milestones, showcasing the commitment to technology leadership and networking expertise.
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8.17%
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Cisco Foundation announces a $100 million Climate Commitment to invest in early-stage climate ventures in Africa, including SHYFT Power Solutions and Jaza Energy, to address the critical energy shortfall in sub-Saharan Africa. The focus on distributed energy resources and solar mini grids is seen as a catalyst for inclusive growth and digital innovation.
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0.5%
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Cisco (NASDAQ: CSCO) is collaborating with the OECD WISE Centre to develop an interactive knowledge hub to understand how technology affects well-being and inclusion. The initiative aims to address the digital divide and promote responsible use of technology in a global digital economy. The collaboration seeks to examine the positive and negative impacts of digital transformation on people's lives and work.
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0.5%
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Cisco Systems, Inc. (CSCO) to Host Webcast on Next Gen Networking at Scale for AI & ML with Silicon One. The event will feature Eyal Dagan, EVP, Common Hardware Group, and Rakesh Chopra, Cisco Fellow, Common Hardware Group, and will be moderated by Pierre Ferragu, Managing Partner, New Street Research. The webcast will take place on Wednesday, January 17, 2024, at 8:00 am PT / 11:00 am ET. No new financial information will be discussed on this conference call.
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0.4%
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conferences AI
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Cisco Systems Inc. (CSCO) announces a partnership with Vibrant Planet Data Commons, aiming to reduce the risk and severity of wildfires while speeding the pace of forest restoration. VP Data Commons seeks to transform forest management by combining high-quality data packages with real-world stories from the forests, with a particular focus on illustrating the benefits of Indigenous forest practices. The partnership aims to provide innovative solutions to collect and share data, and to support and prioritize Tribal land management to mitigate devastating wildfires and restore forests.
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0.66%
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Cisco Systems Inc. (CSCO) aims to achieve net-zero status by 2040 through sustainability-focused programs, such as the Environmental Sustainability Specialization, Takeback & Reuse Program, Cisco Refresh, and Cisco Green Pay.
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Rhea-AI Summary
Cisco Systems Inc. (CSCO) released its annual Purpose Report, reflecting the progress made towards Powering an Inclusive Future for All. The report highlights the achievement of positively impacting 1 billion lives, a year ahead of schedule. It explores the theme, The Power of Purpose, emphasizing the interconnected and interdependent nature of global challenges and the need for purpose to address complex issues. The report also looks ahead, emphasizing the importance of pursuing Purpose in a multipolar world and the need for a global mindset in driving economic initiatives.
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0.32%
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Cisco Systems Inc. (CSCO) announces plans for holiday season promotions and special events
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Cisco Systems, Inc.

Nasdaq:CSCO

CSCO Rankings

CSCO Stock Data

196.35B
4.04B
0.06%
77.98%
1.15%
Telephone Apparatus Manufacturing
Manufacturing
Link
United States
San Jose

About CSCO

Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California.