“As I talk to my peers, CFOs at other companies, I think we are all monitoring the environment,” Herren explained. ” It’s time to be prudent. But they are not stopping. They are not shutting down business. By the way, you can’t ever time what’s going to come with the FOMC. I would never try to do that.”

Initial public offerings have also continued on the New York Stock Exchange, including SoftBank-owned chip designer Arm and online grocery platform Instacart. According to Yahoo Finance, several experts have affirmed that IPO activity will persist until the end of 2023 regardless of the Fed’s upcoming policy decisions.

The post Federal Reserve Has Not Spooked Stock Market, Execs Claim appeared first on theprimarymarket.com.

Cisco, a company that specializes in selling communication tools from routers to switches, has lately been going through some struggles due to China’s recent COVID-19 uptick. However, after China loosened the reins on its supply chain pressures, Cisco was able to achieve a quarterly sales revenue that took everyone by surprise.

With more people in the market for networking hardware, Cisco has thrived as of late, making them the belle of the ball as of late. Orders and deliveries have been off the charts for the retail company, especially with new businesses looking to revamp their infrastructure and office plans now that remote work is fading away.

With many more companies heading back to the office, or at the very least implementing a hybrid model, Cisco was able to post a fourth-quarter revenue of $13.1 billion, which is much higher than was anticipated.

The post Cisco Surpasses Revenue Estimates For Quarter appeared first on theprimarymarket.com.

“As I talk to my peers, CFOs at other companies, I think we are all monitoring the environment,” Herren explained. ” It’s time to be prudent. But they are not stopping. They are not shutting down business. By the way, you can’t ever time what’s going to come with the FOMC. I would never try to do that.”

Initial public offerings have also continued on the New York Stock Exchange, including SoftBank-owned chip designer Arm and online grocery platform Instacart. According to Yahoo Finance, several experts have affirmed that IPO activity will persist until the end of 2023 regardless of the Fed’s upcoming policy decisions.

The post Federal Reserve Has Not Spooked Stock Market, Execs Claim appeared first on theprimarymarket.com.

Cisco, a company that specializes in selling communication tools from routers to switches, has lately been going through some struggles due to China’s recent COVID-19 uptick. However, after China loosened the reins on its supply chain pressures, Cisco was able to achieve a quarterly sales revenue that took everyone by surprise.

With more people in the market for networking hardware, Cisco has thrived as of late, making them the belle of the ball as of late. Orders and deliveries have been off the charts for the retail company, especially with new businesses looking to revamp their infrastructure and office plans now that remote work is fading away.

With many more companies heading back to the office, or at the very least implementing a hybrid model, Cisco was able to post a fourth-quarter revenue of $13.1 billion, which is much higher than was anticipated.

The post Cisco Surpasses Revenue Estimates For Quarter appeared first on theprimarymarket.com.