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Bloomberg Tech

Cisco Slips and Walmart Rises Post-Earnings

Bloomberg Tech

Bloomberg

Business News, News, Tech News

4.470 Ratings

🗓️ 16 May 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Cisco earnings sending shares sliding after analysts dubbed its outlook conservative. Plus, Walmart posts a big jump in its online business, and Perplexity discusses growing competition in the search space.

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:35.0

Bloomberg Audio Studios. Podcasts, Radio News.

0:37.0

From the heart of where innovation, money and power collie in Silicon Valley and beyond.

0:44.5

This is Bloomberg Technology with Caroline Hyde at Blumurg's world headquarters in New York.

1:05.0

And I'm Ed Ludlow in San Francisco.

1:07.0

This is Bloomberg Technology.

1:08.0

Coming up full earnings coverage ahead.

1:11.0

We've got Cisco.

1:12.0

It's sliding.

1:13.0

analysts stub its outlook conservative.

1:15.5

We'll hear from the CFO.

1:17.2

Plus we dig into Walmart's results

1:19.0

as the Commerce Giant posts a big jump

1:20.9

in its online business.

1:22.4

Only we're sitting down with the CEO of hot AI search startup perplexity

1:27.3

to discuss growing competition in this search space and a new set of board advisors.

...

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