The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for
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As the internet has matured, so has Cisco Systems Inc. (NASDAQ:CSCO). And along with that maturity, CSCO stock has continued to be a fairly appealing stock to some investors.
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It was another volatile day on Wall Street.
The quickly spreading delta variant of COVID-19 continued to spook investors, and Thursday’s unemployment claims data – which showed first-time applicants fell by 29,000 last week to a pandemic-low 348,000 filings –
Companies rushed to have their employees work from home as governments imposed locked downs. This led to a goldrush in stay-at-home investments, particularly for technology firms. Software companies that enabled virtual meetings and remote working flourished while other sectors floundered.
Cisco Systems (CSCO) - Get Cisco Systems, Inc. Report is a digital infrastructure supply firm, and one of the biggest players in the market.
It recently announced its latest earnings, and this tech company has done quite well for itself, as Jim Cramer and the Action
The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for
Getty Images
It was another volatile day on Wall Street.
The quickly spreading delta variant of COVID-19 continued to spook investors, and Thursday’s unemployment claims data – which showed first-time applicants fell by 29,000 last week to a pandemic-low 348,000 filings –
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