Telecom stocks have been struggling in recent weeks as concerns about lead-covered cables and the potential ...
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 (CSCO) cheered investors with first-quarter fiscal 2023 results. The networking giant beat on both earnings and revenues, and offered an encouraging revenue guidance for the current quarter.
Though Cisco beat on earnings, it missed on revenues and lowered its revenue guidance for the ongoing quarter on concerns about China's COVID shutdown that accelerated supply-chain problems.
Let's look at some big telecom earnings releases and see if these can impact ETFs exposed to the space.
In trading on Thursday, shares of the iShares US Telecommunications ETF entered into oversold territory, changing hands as low as $26.63 per share. We define oversold territory using the Relative Strength...
Let's look at some big telecom earnings releases and see if these can impact ETFs exposed to the space.
In trading on Friday, shares of the iShares US Telecommunications ETF entered into oversold territory, changing hands as low as $30.65 per share. We define oversold territory using the Relative Strength...