In recent news:
Stocks sink as Cisco’s outlook disappoints
By STEPHEN BERNARD, AP Business Writer Stephen Bernard, Ap Business Writer – 1 hr 7 mins ago
NEW YORK – Stocks tumbled Thursday after a disappointing outlook from Cisco Systems Inc. rattled a market already on edge as an economic summit of world leaders got under way in South Korea.
“Cisco is clearly a tech benchmark,” said Philip Dow, director of equity strategy at RBC Wealth Management. “With a second disappointment in a row, people are questioning if their business model is broken.”
Well, there goes my temp job from hell. After all, I work in Silicon Valley.
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