19 Burst results for "Chuck Robbins"

Cisco stock jumps on earnings beat and strong forecast

CNBC's Fast Money

01:15 min | 11 months ago

Cisco stock jumps on earnings beat and strong forecast

"Welcome back to pass money. We've got earnings alerts enciso in the newly public pollen tear full team coverage standing by to tackle both the names. Let's kick things off theater on cisco's quarter de well melissa. Investors have been cautious on this name cisco has struggled amid the pandemic. It's down some twenty percent year to date though if it can hold onto. These current gains could cut those losses significantly. It's the company strong at look here. That's boosting the stock. It suggests it's a recovery. And that's more good news for enterprise demand last week rival recent networks reported results that also painted a pickup now on the call. Ceo chuck robbins. It said and i quote here. I think this enterprise thing is going to be fine when pressed he said. They're seeing a robust pipeline. He says that everyone race to get set up for work from home earlier in the year but then they saw a positive that last quarter as many companies reprioritize what they were going to be spending money on and that brought them we'll bring them back to cisco now another thing that investors may like. This quarter is cisco's new. Cfo scott hair and he comes to cisco from autodesk a company that has been successful in migrating customers toward a cloud based model and that is certainly helpful experience as cisco executes own restructuring

Enciso Cisco Ceo Chuck Robbins Melissa Cfo Scott Hair Autodesk
"chuck robbins" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:14 min | 1 year ago

"chuck robbins" Discussed on Bloomberg Radio New York

"With Cisco chairman and CEO Chuck Robbins about what the pandemic has meant for the world of remote working we we've seen unprecedented volumes we are to your point critical infrastructure for working from home and and the internet service providers that are servicing all of all of us who are trying to work from home and give you some statistics we lost both free cloud security offers and free webex offers and in the first twenty four hours of putting out offer out we had two hundred forty thousand new user sign up in this is a platform that you know before this crisis was running three hundred million users per month you're now at we're doing for half a million meetings a day that's that doesn't even include one on ones that are occurring on the platform worth twelve billion meeting minutes through March so far and just to put in perspective in the United States during any one hour period we will do one hundred million meeting minutes in just one hour in the United States right now so we've seen incredible demand also your teams are tired but you know when you're when you're talking about a platform that is now trying to support three to four to five times the volume that it ever was two for four weeks ago are they doing yeoman's work frankly to be where we are so check if you've been able to identify any weaknesses in the system because you have no one is prepared for this sort of on slide nine of us anywhere in any way shape or form have you noticed any weaknesses and things you can be improving what are those weaknesses what are you doing primarily David it's just about capacity and you know we had a tremendous relationships with a large service providers around the world and they've been incredible partners for us we had a a one of the major ones in the U. S. we need the capacity this week I sent him a text at six o'clock at night and by midnight they had done the work in increasing capacity so it's just related to that and there are there are minor things that will happen during the day yeah we need everybody to be patient as we're just seeing these volumes of these platforms were built for me I'm John fuller team I should have told you when we suspect this these technologies that you need to building to have everyone in the world working from home and clearly we didn't do that with the team I have to tell you I am so proud of what our team has accomplished because they're working so about twenty four we're trying to put more resources with them because I'm worried about right now actually would your own experience of working from home as a practical matter is that giving you a different perspective on actually the product you produce first of all I think we all like working from home periodically I think we all missed the office tremendously but you know for our employees we we we've looked at this across three factors right when we do harm please what do we do offer customers and what we're doing for our communities and even from home were able to execute on all that so you know we have all of our employees working from home we we stated that will continue to pay our contracted hourly workers we're doing a video meeting with all our employees every week right now the entire company and work with medical experts are on we have one later tonight where will do a Q. and a we have a twenty thirty thousand employees joining these Q. and a sessions just.

chairman and CEO Cisco Chuck Robbins
"chuck robbins" Discussed on KGO 810

KGO 810

01:51 min | 1 year ago

"chuck robbins" Discussed on KGO 810

"With they were farther is teamed up with Avellino lab in Menlo Park to test up to three hundred seventy people a day to ease the strain of local emergency rooms at the same fire house by the way that in twenty fifteen set up a first of its kind community health clinic Silicon Valley businesses donating millions of dollars to help low income residents impacted by the virus outbreak money will provide low income residents the means to pay rent or meet other basic needs Cisco leading the way with a two million dollar donation CEO Chuck Robbins is as sheltering at home is more than just an inconvenience for society's most vulnerable there are programs that have been put in place there are you fiction moratorium's which are fantastic and will help in the short term but just be clear I don't think the rate gets forgiven so these people still have to deal with their obligations are many families that just need money to feed their feed their children and it's just a really important thing for us all continues to support the program is being administered by Sacred Heart community service in conjunction with the Santa Clara county homeless prevention system five San Francisco supervisors want the city to work with hotels to turn vacant rooms into shelters for the homeless during this corona virus outbreak supervisor Matt Haney everyone says are more than thirty thousand available rooms it could be used to get people out of shelters were social distancing is not possible the traffic's been pretty light only along with there are still some problems we'll have more from heather just a minute all right it's Jamie progresses employee of the month to month in a row leave a message at the hygiene hit me Jamie I just had a new idea for our song what the name your price tool so when it's like tell us what you want to pay trombone was Bob wine you say well be fine coverage options to fit your budget then we just all the fingers now small choir goes even coming at you favorites coming at jet yes no maybe anyway see a practice tonight I got a new lyrics of the rhetoric progressive casualty insurance company affiliates pricing coverage much limited by state law Bernie Sanders has.

Menlo Park Cisco Chuck Robbins Jamie Bob wine Bernie Sanders Silicon Valley CEO Sacred Heart Santa Clara county San Francisco supervisor Matt Haney
"chuck robbins" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:35 min | 2 years ago

"chuck robbins" Discussed on CNBC's Fast Money

"They are not seeing what the market is. So afraid of their business is good their margins are good. I think the valuation is very good. And we're seeing several companies that say that we're going to get to it later, but was airlines and others. We're seeing a lot of companies saying things are good even with the shutdown which everyone seems to think I do will be sold in the near term. Actually, I think there's there's stuff to like on a on a on a specific basis, not a monolithic market. Right. You can try things where businesses is still really good. What what you don't like is when things go up too much. Then let's move over to a cornucopia here of. Nick us back down towards those prior lows. Any listen, you know, this morning squawking friends and had a really good interview with the workday CEO and founder, and they sell they sell SAS software to enterprises, and he was asked the question specifically, if all this stuff globally is affecting their business yet our companies pushing out deals that they might do. He says it's a little too early to say, but we're getting very close to that. So really what I think is most important if you want to focus on the consumer they're still buying stuff. You know, what guys going to say about that? That to me is the backward backward-looking thing, I really care about enterprise spending. Because to me that's where it's really going to drive cap that cycle is that's gonna drive unemployed employment. That's where they don't have a resolution to our shut down here. We don't have resolution to China trade. We continue to have the backdrop of week European data and Asia data then corporate spending is going to slow down. And then we're going to have real prompt bringing it back to the market. I think it's really important to remember that every single time that we have had a downdraft dating back to two thousand fifteen the summer too. Thousand fifteen first quarter of two thousand and sixteen. There's always been a retest of those pretty dramatic lows. And I'll just bring you back to January two thousand eighteen when we were on January twenty six the S and P five hundred was up seven and a half percent. Okay. About ten trading later days later. It was down ten percent. Now, I'm just telling you we obviously tested that one. Again. There's no reason to think that we will not go back and test that twenty four hundred level, and that's not all that bad. If it gets out of the tension. Look at the snapback we've had the second time it goes down there if everything's not as bad as it seems you're likely to actually have a more constructive rally. Platter? Cope. Spending. We don't we will not get data on a lot of this because of the government shutdown what we are going to get is anecdotes anecdotes from corporate conference calls anecdotes, even a string of anecdote that doesn't mean data. Why is necessarily mean data? So we don't get a full picture anyway, which could add to the volatility of not knowing I mean, obviously markets don't like that uncertainty. The anecdotes we heard this morning from Davos from almost every single CEO. That was interviewed was if the shutdown and the China trade goes on longer than it already has. And we're literally getting within days. I mean, a lot of research has shown if most workers go two weeks without our to paycheck cycles without pay. That's a big problem backs tomorrow. So almost every single CEO Chuck Robbins from Cisco all of them saying it's starting to hurt. So this is what concerns me when you had a big rally doesn't doesn't mean you we have to fall apart? But we had a massive rally off the bottom and nothing's changed in the first six minutes of the show. We've created someone negative. Wait for us. Oh you. Oh, wow. You word. The word right out here. I mean, it took it away from me. I had all building up, and he just because you're in my head now collages near this past east, but beat k will agree with this. And I happen to agree with it as well..

CEO Nick China Chuck Robbins Asia Davos Platter Cisco founder six minutes ten percent two weeks
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:50 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER

"Okay. What would make him Kramer, faith, Cisco? Now this reported under the fantastic leadership of CEO Chuck Robbins. This company is going through a major transition for me. We're hardware play. No much more diverse by operative with exposure, plenty of software, especially for security, the cloud the internet things all the fast growing airs. I like Cisco disappointed to close numbers that is a three center and he's peed off seventy percent basis but much more important highly expected sales up eight percent year rear. I was looking for six percent and expanding margins healthy guides. Oh, and they have racist back. We purchasing five million dollars this quarter fourteen billion dollars left this authorization. They got plenty more cash planet if they did it while CISCO's stock is pulled back from its recent high along with the rest of tech. It's still nearly twenty percent for the year and is up nicely at the close bear market here. That said, I think this could have a lot more upside. But don't take it from me. Let's think people Chuck Robbins. He's the chairman CEO Cisco systems find out about the companies headed. Mr robbins. Welcome back to make money. Hey, gyms great to be here. How are you? Oh, Chuck on fine. Thank you. Why? Because you're the only good news day. I didn't see a single item that wasn't better than expected. But I wanna start with just the kind of more of holistic approach just you become kind of the infrastructure play for the internet of things. And I want people to know that it's not just software, but the hardware is selling incredibly well too. Jim first of all, you know. I'm really proud of what our teams accomplished we had probably one of the most consistent quarters that we've seen in a very long time. Whether you look at it across our product categories, our geographies or our customer segments or teams have done a great job. And I think the reality is when you look at I o t or you look at this transition to the cloud. The reality is is that our customers are navigating an environment that is much more complicated than they ever dreamed and the network is at.

Chuck Robbins Cisco chairman CEO Cisco systems cloud CEO Kramer Jim fourteen billion dollars five million dollars seventy percent twenty percent eight percent six percent
"chuck robbins" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:36 min | 3 years ago

"chuck robbins" Discussed on CNBC's Fast Money

"Welcome back to fast. One shares of Cisco moving higher after reporting earnings. Let's get the Josh Lipton in San Francisco with more. Josh. So mail on this Cisco, call CEO Chuck Robbins right away, really asked about the impact. If at all of tariffs on his business. Take a listen. The Turks were immaterial to us in Q one to ten percent tariffs. I think we implemented them with a month ago. So we did not see any impact. But I can tell you that from a demand perspective when we implemented the pricing changes, which we told you we would on the last call. We saw absolutely no demand change from the you know, the week before and the week after we did that. He also talked about the macro economy mail. You said it is showing resilience that not many expected enterprise trained to he called out Chuck Robbins, saying that was consistent globally across the portfolio terms of the segments here infrastructure platforms that came in a better than expected seven point six billion. That's the company's core networking offerings related to switching and routing. Applications came in at one point four billion security up eleven percent to six hundred and fifty one million that you guidance Cisco saying they did normalize that to exclude this business that was divestiture the now expect growth between five and seven percent of the top line non gap EPS between seventy one to seventy three cents for a lot more that what Chuck Robbins has to say about this hand into mad money tonight. We hear Jim Cramer interview about the core. And I'm sure a lot more male back to you. All right. Thank you so much Josh lift in the stock is up by almost five percents right now. So guy where we go with Cisco. And what they mean they report a little bit later than the other tech companies and their guide. Was good when it comes enterprise bending, listen. The quarter was very good. They beat on the ESPN river. That's good sign up rating margins better than the sewage for almost thirty two percent was probably thirty and a half percent. Very good. The question is second quarter guide in line. Not a big deal. What are you willing to pay for this company? Probably traits close to fourteen times. Next year's earnings. They probably have about a ten nine and a half ten percent PS growth rate. Six percent revenue growth. What's the ri-? Multiple. I would be inclined to buy it on a breakout in my opinion of forty eight dollars, which has been resistance a number of times than it. Tried to buy it here. I'm more inclined to fade here than to buy it here. So what's interesting is Chuck Robbins talked about the fact that they didn't see any demand decrease after they had those terrorists put on. But we do know from the GDP reports is that people were kind of frontloading a lot of purchases. So maybe that's the effect here. Maybe the guidance was good. But it wasn't wasn't locked BUSTER. It wasn't like they raised in necessarily. So maybe that's what we're seeing here. So I guess some more in the camp with guy. Where wait for the momentum on this one because there might be some of the things going on behind the curtain to be concerned about and of course, in today's session tech was amongst the biggest loser, sector wise. Although Facebook announced that at one point that session really bucked the trend there each up about two percent. I'm close off of those highs as the entire markets. But still we're bright spots care. They were I know because that's my biggest position is alphabet. They really was in the bread in the black rather most of the day, even near the the low. So I mean, we talk about FANG and FANG traders over to me, the N and the A are different. Amazon, right. Are completely different metrics and Facebook and alphabet are I to me very much in the value camp right here. You You know, know? it's really interesting. I went back, and I looked at five year chart of apple and when I'm not recommending the stock. But when you look at five year chart of apple you've had two times this cycle, or it's been down a lot more than this..

Chuck Robbins Cisco Josh Lipton FANG Facebook San Francisco Jim Cramer apple CEO ESPN river BUSTER Amazon ten percent five year forty eight dollars thirty two percent eleven percent seven percent Six percent two percent
Cisco Revenue Rises as Company Avoids Tariff Effects

CNBC's Fast Money

01:28 min | 3 years ago

Cisco Revenue Rises as Company Avoids Tariff Effects

"Welcome back to fast. One shares of Cisco moving higher after reporting earnings. Let's get the Josh Lipton in San Francisco with more. Josh. So mail on this Cisco, call CEO Chuck Robbins right away, really asked about the impact. If at all of tariffs on his business. Take a listen. The Turks were immaterial to us in Q one to ten percent tariffs. I think we implemented them with a month ago. So we did not see any impact. But I can tell you that from a demand perspective when we implemented the pricing changes, which we told you we would on the last call. We saw absolutely no demand change from the you know, the week before and the week after we did that. He also talked about the macro economy mail. You said it is showing resilience that not many expected enterprise trained to he called out Chuck Robbins, saying that was consistent globally across the portfolio terms of the segments here infrastructure platforms that came in a better than expected seven point six billion. That's the company's core networking offerings related to switching and routing. Applications came in at one point four billion security up eleven percent to six hundred and fifty one million that you guidance Cisco saying they did normalize that to exclude this business that was divestiture the now expect growth between five and seven percent of the top line non gap EPS between seventy one to seventy three cents for a lot more that what Chuck Robbins has to say about this hand into mad money tonight. We hear Jim Cramer interview about the core. And I'm sure a

Chuck Robbins Cisco Josh Lipton Jim Cramer San Francisco CEO Eleven Percent Seven Percent Ten Percent
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

01:53 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Terrific quarter company gave you real revenue growth for the first time in two years management's forecast. The next quarter was robust and best of all Cisco rolled out at twenty five billion dollar buy-back after the passes the tax cut, which at the time was equal to more than twelve percent of the total share camp even for two hundred billion dollar company at twenty five billion dollar repurchase program is enormous that this was basically Chuck Robbins telling you the, he thought his stock was cheap. Again, the animals love it in the stock roared. Take a look at started going higher. Okay. We have some really nice movement here. Okay. Now CISCO's shares begin to stole some of it was because the whole technology court, it was getting slam. Someone was because the trade war broke out and Cisco gets to a half of its business from overseas when the White House band component sales z. t. e. the big Chinese smoke token case firm that's in a grim single to companies like Cisco. Wow. Okay. However, over the course of April and early may, then the stock we bad it rebound. Mattis matter of fact because it ran into in the next quarter it to the last few results. People expected another straightforward, blah. That's what Cisco kept the levering. That in get it when Cisco reported in may. I actually thought the numbers from pretty good. I did. I do a lot of work on this company. I've thought it since nineteen Ninety-two, but you know what? The more clearly disagree with me, even though the company posted nice top and bottom line revenue growth, accelerating to four point, four percent. The guidance was merely in line member while much. We care about guidance not better than expected on top of that. When you drill down, there was some legitimate imperfections. CISCO's recurring revenue made up a smaller percentage of the total in the analysts had hoped for. I was bummed by that it services. And maybe a little bit soft cash flow. I thought it was fine. People didn't like remember, these are the metrics that people are looking forward to keep track of the progress of the company's turn. So the stock got slammed. And again, I told you it was an overreaction. All right. Which brings us to last week. I liked that blue line. Isn't that cool..

Cisco Mattis Chuck Robbins White House twenty five billion dollar two hundred billion dollar twelve percent four percent two years
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:52 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Spread before resuming its long March tire. Take Cisco along time Kramer fade that I've been recommended for ages under leadership of CEO. Chuck Robbins. CISCO's been transforming itself from a networking hardware plate. It's little commodities and slower growing into more diversified company with lots of exposure to software, especially for security in the internet of things too high growth areas. By the second half last year, the transformation was getting obvious in the stock started rowing higher, but then this bring CISCO's seemed to stall out for months. The stock just couldn't get any traction at all. Results started slipping. The turn always seem like it was a quarter or two away last week though Cisco reported h. o. ball out quarter that put the doubts to rest and sent its stock screaming, higher. In fact earlier today, the stock hit a new fifty two week high, which represents a level we haven't seen since the dotcom bust in two thousand one. Cisco is about four hundred times. It's not that anymore. We've been waiting for Cisco. Finally give us the kind of truly great quarter that would prove Robbins plan is working and you know what this was it. Why must have been been stock is ready to ward because Chuck Robbins has been laying the groundwork for years. Remember twenty fifteen. Cisco bought a minutes. A new CEO is the company had been left behind by rivals, frankly, within a year of taking over Robin, started signaling a major course change. He wanted Cisco to shift its focus from hardware, low margins, competitive to software based networking with a major focus on security. Once you're in hard to get out, he has a ton of layoffs to and he's been aggressive about using the copies, massive cash work to acquire other businesses to change the face of Cisco in two thousand sixteen Cisco bought Jasper technology that's internet of thing. Cloud platform and cloud box. Jury sulfur play last year. This napped up on that. I read. Really thought was such a good acquisition. They bought app dynamics that's a cloud application monitoring platform. And then what brought saw this a little less certain on frankly, but it is a winning player in cloud calling in context center solutions and the deals continue in may they acquire a company and that's an AI driven relationship intelligence platform with the CEO Amy China that I'm just thinking. Fantastic. And then later this month, they announced the acquisition of duo security. That's another cybersecurity play that's doing fabulously. And these deals have just changed the face of this company making the business much more software focused in fast-growing with higher gross margins, what's not to like don't often to pay off. But by last summer, it was obvious at Robinson's making making real progress here for the twenty seventeen fiscal year. Cisco got forty three percent of its sales from software and services. And most of that was recurring revenue from subscriptions, even better deferred revenue member. How Mark benef- taught us about how that's the key key metric deferred revenue related to software and subscriptions increased by fifty percent monster growth for gigantic company at sink. Cisco started Boll Yao hybrid products. Never you quit with proprietary software built in, but you need to pay a subscription to excess the new software features and look..

Cisco CEO Chuck Robbins Robin Kramer CEO Amy China Mark benef Boll Yao AI Robinson forty three percent fifty two week fifty percent
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:50 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"So let's take a look at maybe one of our large customers like Cisco should example. And you know, we like Cisco, Chuck Robbins doing a great job, Kelly. Cramer CFO always need help though. Yes, and our journey them started back almost six, seven years ago that their billions of dollars of spend on technology and they put that through a platform to get granular transparency, what are they spending on data centers workloads to migrate to the cloud, how to do budgeting, forecasting, better, how to benchmark their spend better and gently as customers deploy platform, refined according to photos, stir that able to optimize three to five percent of their spend and move that new innovation do end up creating more shit Horta value. Well, it's also not just. A public or perations. I think what you're doing for the VA is very signature of Abkhazia. Yeah, Jim, I'm really excited by the US federal government opportunity. So there's ninety billion dollars spent on US federal government. Now, if you're talking to some folks in the federal government, they'd say that spent is two hundred billion majority of that spend is managed on spreadsheets if you believe that and really what we just we've been partnering with the White House to create a standard cost model. And now the White House has mandated that agencies report the federal costs spending on the cost model. We helped go author. So we just recently won via along. We have close to couple of dozen customers, and that's one of the largest agencies close to four billion dollar plus span, and we plan on delivering great accountability into the spend so they can shift hundreds of millions of dollars to modernize modernization efforts like the cloud. Okay. One last question you have closely. New. We are very fond of VM ware, and you also have a podcast that they used to own, but you guys have a terrific partnership, don't you? Yes. So we really talking about digital few VM Vado onto company or digital fuel. It was probably our nearest competitor market position, very strong and VM bed divestiture business. We saw an incredible opportunity to acquired that business and high-quality install base as you would expect. And that aquisition six months in has gone extremely well and VM bear continues to be a great partner, especially as the world moves to hybrid IT computing. We are the business decision engine for the cloud, and I can tell you is part of my very highly of you, which therefore means I think very highly of you. Okay. That's sunny. Got these apnea what a stock. Thank you. Yours per mentioning these great stock. So we do more work on them money. It is..

Cisco White House Abkhazia partner Chuck Robbins Cramer US CFO Kelly VA Jim ninety billion dollars four billion dollar five percent seven years six months
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

03:21 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Me at Jim. Cramer, forget back. This market's fallen in love with. As in WalMart, apple, Netflix, and Google. It's an a stunning quarter from WalMart when the was so good that you could argue that Amazon maybe ought to look at a little. Maybe it's time to change our acronym. This strengthened WalMart impacted the whole psyche of the market, helping fuel. Today's monster move with the Dow surging three hundred ninety six points s and p climbing point, seven, nine percent. But the NASDAQ with the old fan advancing only point, four, two percent. Put it another way WalMart with the best growth in ten years. WalMart, we're one hundred people are shopping and shopping more than ever before. Has made a so optimistic that everybody felt compelled to Bob are by causing stock of the world's largest retailer eight dollars or nine point three percent. Now I don't wanna get ahead of the story if WalMart's blow out earnings with the only thing we got today, it wouldn't have bad at all that much. I mean, WalMart stock of course would have been up, but that's about it. We'd still rename FANG Wang. Facebook stock has dropped off the face of the earth. That resistant act like had another one today, but no one even knew I was down a lot. Amazon at least today just today seem bloodied, so why not swap it out for surgery? Apple just for the moment as we love Amazon led money. I'm just saying it's a second. Okay. No, no way we're ever really been an Amazon at this pace. Now, networks is too low to go to low flow way. Although if were all literally, I would've switched out Netflix for Microsoft, but how memorable, how impactful is one. Widen. You get it and Google. I love it more than ever especially since it was one of the few stocks that actually went down today as FANG shareholders acting like jilted lovers and fled the one sainted acronym. No. When we have days like this when we need to go back to the archives and resurrect the gospel couldn't do Bruce from dancing in the dark. You can't start a fire without a spark. The spark was the simple. The Chinese are coming to China's are coming to Washington soon. Soon. Maybe distort up low level trade talks. I, in the words words, low level because I heard those two words all day. The fact is that any talks are better than no talks and this market craves talks. This market wants some stability and this morsel Cup was status. We got from the president's chief economic adviser. Larry cudlow on squawk this morning that NAFTA and European trade talks going well. That was this. The polls needed to stampede bears. Sure. It could have been derailed by Turkey. But Turkey was. A Turkey burger, which is actually the same as nothingburger. The spark might have died out at the Chinese stock marketing cratered again. But while the Chinese market was down, it didn't settle at the low. So even though it was bearish, it was more fo- bears koala. Now, this rally had a lot of breath to tech got a boost from Cisco stellar earnings. When we interviewed CEO Chuck Robbins. This porno squawk on the street. I heard a level confidence from this man that made me think the stock's current forty, five.

WalMart Amazon Google apple Netflix FANG Wang Turkey Cramer Jim Facebook Bob Cisco NAFTA China Chuck Robbins CEO Larry cudlow
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

03:45 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Thanks to new management at Lowe's. My view too. If you have in yet at this point you we'll stay on the sidelines pounds of Home Depot gets hit. This is one of the greatest retailers of all time. Whenever pulls back. I think you're getting a gift, hey, by the way, how about Larry Williams's call on our Tuesday off the chart segment to take profits and kosco. Sweet. Now, one of the things that stood out to Cerny seasons this Renton accessories. Look that amazing quarter. We got from Michael Kors on Wednesday, that was magnificent. We know from the department stores that handbags are hot. So when tapestry the artist formerly known as coach reports on Tuesday, I think some very good IRA Cohen buying some before the quarter and then some after the close Tuesday, we hear from canopy growth. That's a Canadian cannabis company. I find this group fascinating. There are no real blue chips here, but we have to magin what's happening with legalisation. Cana is akin to the end of prohibition here, and it could result in an explosion of sales things really get growing, get like that going supplemental. I think canopies the best of breed player because rob Sanz the amazing CEO from constellation brands told us the company, a great process. And then he bought ten percent of it with an option to buy more that said, the socks dog of late with hot money flowing out of the pending that the pot trade has gone up in smoke. I think mature canopies, a full service player with tremendous. I. Move advantage. I wouldn't be surprised that the stock is charging up to another run at the highs later, the ship Wednesday morning, we get results for Macy's etre monster movie earlier this year, the stocks installed in recent months, and I wanna know why does it typically Justice gains or is the consumer swift spending habits. Again, all I know is this every major supplier to Macy's is told us that they're having a bang up quarter PVA h Coors VF Corp saying good things. I'd be a buyer Macy's of dip set of the report it to the close. We get the biggest earnings call of the week. The second Cisco CEO Chuck Robbins. The CEO is transforming this networking hardware company description self software, enterprise business focused on security that also to sell a lot of harbor CISCO's metamorphosis has been awesome to behold Chuck and his team are moving mounds to generate a monster amount of recurring revenue. However, like other companies that have done this think adobe, you might have some growing pains through the transition. I expect Cisco will deliver a good quarter, maybe won't be. The monster grower that somewhat, but I believe the repositioning Cisco into high growth. Mobile take a little time, be patient that to stay in it for the inflection point, which could be right around the corner. Call me a buyer Tuesday morning, we find out of Tim calls is right about the trajectory of WalMart stock when Tuesday night off the charts saying Collins suggested that WalMart might be on the verge of a breakout which I have to believe. We'd come from this quarter. I'll say this. It can't be as weak as the last one one more time to spend a lot of money to stay competitive with Amazon. It needs to be able to lever the bricks and mortar aspects of his operations better than has that said it stores the fundamental retailing they will fantastic and the prices remained divine WalMart stock has lagged the rest of the retail party. Recently, you know what? I think it's cheap. I think it's compelling. We get some fireworks for the clothes. I Nord Stream reports to say last quarter was a bomb would be putting it wait too lightly. It was a nuclear warhead that landed right in your wallet. We own Nordstrom from chapel trust, and I'm concerned, I worry this has become the game that could. Shoot straight and your best art to avoid. Now, companies inspired, no one while I was through the here, my friend guy odometer recommended the other day when fast money, the Norstrom guys always seem to find a way to screw it up. I do admire their consistency in being consistent. We also hear from platinum tears. Now, last quarter was down as they indicated the demand, it's often I think the company has gotten there and bit inventories line, and I don't believe things have gotten worse..

Cisco WalMart Macy CEO rob Sanz Lowe Home Depot Michael Kors IRA Cohen Chuck Robbins Nordstrom Renton cannabis Larry Williams Cerny constellation brands Coors VF Corp Cana adobe Amazon
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

03:45 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Thanks to new management at Lowe's. My view too. If you have in yet at this point you we'll stay on the sidelines pounds of Home Depot gets hit. This is one of the greatest retailers of all time. Whenever pulls back. I think you're getting a gift, hey, by the way, how about Larry Williams's call on our Tuesday off the chart segment to take profits and kosco. Sweet. Now, one of the things that stood out to Cerny seasons this Renton accessories. Look that amazing quarter. We got from Michael Kors on Wednesday, that was magnificent. We know from the department stores that handbags are hot. So when tapestry the artist formerly known as coach reports on Tuesday, I think some very good IRA Cohen buying some before the quarter and then some after the close Tuesday, we hear from canopy growth. That's a Canadian cannabis company. I find this group fascinating. There are no real blue chips here, but we have to magin what's happening with legalisation. Cana is akin to the end of prohibition here, and it could result in an explosion of sales things really get growing, get like that going supplemental. I think canopies the best of breed player because rob Sanz the amazing CEO from constellation brands told us the company, a great process. And then he bought ten percent of it with an option to buy more that said, the socks dog of late with hot money flowing out of the pending that the pot trade has gone up in smoke. I think mature canopies, a full service player with tremendous. I. Move advantage. I wouldn't be surprised that the stock is charging up to another run at the highs later, the ship Wednesday morning, we get results for Macy's etre monster movie earlier this year, the stocks installed in recent months, and I wanna know why does it typically Justice gains or is the consumer swift spending habits. Again, all I know is this every major supplier to Macy's is told us that they're having a bang up quarter PVA h Coors VF Corp saying good things. I'd be a buyer Macy's of dip set of the report it to the close. We get the biggest earnings call of the week. The second Cisco CEO Chuck Robbins. The CEO is transforming this networking hardware company description self software, enterprise business focused on security that also to sell a lot of harbor CISCO's metamorphosis has been awesome to behold Chuck and his team are moving mounds to generate a monster amount of recurring revenue. However, like other companies that have done this think adobe, you might have some growing pains through the transition. I expect Cisco will deliver a good quarter, maybe won't be. The monster grower that somewhat, but I believe the repositioning Cisco into high growth. Mobile take a little time, be patient that to stay in it for the inflection point, which could be right around the corner. Call me a buyer Tuesday morning, we find out of Tim calls is right about the trajectory of WalMart stock when Tuesday night off the charts saying Collins suggested that WalMart might be on the verge of a breakout which I have to believe. We'd come from this quarter. I'll say this. It can't be as weak as the last one one more time to spend a lot of money to stay competitive with Amazon. It needs to be able to lever the bricks and mortar aspects of his operations better than has that said it stores the fundamental retailing they will fantastic and the prices remained divine WalMart stock has lagged the rest of the retail party. Recently, you know what? I think it's cheap. I think it's compelling. We get some fireworks for the clothes. I Nord Stream reports to say last quarter was a bomb would be putting it wait too lightly. It was a nuclear warhead that landed right in your wallet. We own Nordstrom from chapel trust, and I'm concerned, I worry this has become the game that could. Shoot straight and your best art to avoid. Now, companies inspired, no one while I was through the here, my friend guy odometer recommended the other day when fast money, the Norstrom guys always seem to find a way to screw it up. I do admire their consistency in being consistent. We also hear from platinum tears. Now, last quarter was down as they indicated the demand, it's often I think the company has gotten there and bit inventories line, and I don't believe things have gotten worse..

Cisco WalMart Macy CEO rob Sanz Lowe Home Depot Michael Kors IRA Cohen Chuck Robbins Nordstrom Renton cannabis Larry Williams Cerny constellation brands Coors VF Corp Cana adobe Amazon
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:12 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER

"It's terrific now i know the weather wasn't perfect for retail this quarter but i think macy's will tell a good longterm story when it reports wednesday morning now my was there last week to the fifth floor of the shoe store in bloomingdale's that won't count for this quarter so you're not gonna see that pump that she gave them to the close we hear from two of my absolute favorite companies with two of the best in the business take two interactive twa oh by strauss's run by strauss zellner and cisco run by chuck robbins both have a track record of reporting excellent numbers i bet that will continue when it comes to take to lots of people have been concerned about the popularity of these online free for all shooters like fortnight and player unknowns battlegrounds the consensus was that these steel business from the more established players but then electric arts ea reported this week and it was an incredible quarter i think take two of similarly fabulous story to tell especially with the red new red dead redemption game coming out later this year i can't wait to hear that cole remember red dead goes jives very well with invidious graphic cards more on that later cisco caught fire the leadership of of chuck robbins fantastic quarter after fantastic quarter as company moved more aggressively software and the internet of things i'll be talking about the recent two hundred seventy million dollar acquisition of a company this is a business intelligence play run by the brilliant amy chang i cannot think about better person to help cisco reinvent itself as a trusted partner to its clients on a much deeper level just hardware watch for that acquisition thursday we get results from walmart now earlier this week walmart shelledout sixteen billion dollars to buy flip the indian amazon and one of the gutsiest move this company has ever made wall street hated it and sent the stock down badly i think that's ridiculous with china dominated by alibaba and the us the province of amazon one more need to try to take a piece of the second most populous country on earth but last time we'll might report it's e commerce business showed a rather dramatic deceleration and the stock was hammered at this point the stock is so low that i have to believe a week number we'll get ignored and a number just even just a little bit positive guests this.

macy bloomingdale strauss strauss zellner chuck robbins cisco amy chang partner walmart amazon china alibaba cole two hundred seventy million do sixteen billion dollars
"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:12 min | 3 years ago

"chuck robbins" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"It's terrific now i know the weather wasn't perfect for retail this quarter but i think macy's will tell a good longterm story when it reports wednesday morning now my was there last week to the fifth floor of the shoe store in bloomingdale's that won't count for this quarter so you're not gonna see that pump that she gave them to the close we hear from two of my absolute favorite companies with two of the best in the business take two interactive twa oh by strauss's run by strauss zellner and cisco run by chuck robbins both have a track record of reporting excellent numbers i bet that will continue when it comes to take to lots of people have been concerned about the popularity of these online free for all shooters like fortnight and player unknowns battlegrounds the consensus was that these steel business from the more established players but then electric arts ea reported this week and it was an incredible quarter i think take two of similarly fabulous story to tell especially with the red new red dead redemption game coming out later this year i can't wait to hear that cole remember red dead goes jives very well with invidious graphic cards more on that later cisco caught fire the leadership of of chuck robbins fantastic quarter after fantastic quarter as company moved more aggressively software and the internet of things i'll be talking about the recent two hundred seventy million dollar acquisition of a company this is a business intelligence play run by the brilliant amy chang i cannot think about better person to help cisco reinvent itself as a trusted partner to its clients on a much deeper level just hardware watch for that acquisition thursday we get results from walmart now earlier this week walmart shelledout sixteen billion dollars to buy flip the indian amazon and one of the gutsiest move this company has ever made wall street hated it and sent the stock down badly i think that's ridiculous with china dominated by alibaba and the us the province of amazon one more need to try to take a piece of the second most populous country on earth but last time we'll might report it's e commerce business showed a rather dramatic deceleration and the stock was hammered at this point the stock is so low that i have to believe a week number we'll get ignored and a number just even just a little bit positive guests this.

macy bloomingdale strauss strauss zellner chuck robbins cisco amy chang partner walmart amazon china alibaba cole two hundred seventy million do sixteen billion dollars
"chuck robbins" Discussed on Freakonomics

Freakonomics

01:46 min | 3 years ago

"chuck robbins" Discussed on Freakonomics

"I admire chuck robbins at cisco we we we replaced john chambers who was a ceo i greatly admired i hate to say this because it's because he just died but paulo to leaney was one of the best man i ever knew as far as being friend of females tough guy nice guy and very qualified and i so i'm just going to give him that shoutout even though he's not with us let me ask about one in in your former orbit what about thirteen adela coming into microsoft making a lot of yes absolutely absolutely brilliant and brilliant because why you know brilliant because he moved fast he was willing to break glass he obviously knew what to do and i think i mean he did the unthinkable i mean he actually has microsoft back in the picture i mean i have a lot of time for him and and he's a nice guy let me ask you this one big change that he made consciously and now that's being carried out strategically as that microsoft is back in the partner and collaboration business which obviously they never were out of but the you know in the in the early years they did a lot more of that and and i i'm just curious whether you know trying to be the big dog in any fight which microsoft was for a while if you think that is kind of a more male ceo trait and the idea of.

chuck robbins john chambers ceo paulo adela microsoft partner leaney
"chuck robbins" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

02:04 min | 3 years ago

"chuck robbins" Discussed on Yahoo Finance Presents

"United states we have a great story to tell uh were open for business we want people to do business year the new tax plan uh makes it great and you know we've had been meeting with lots of companies who are going to invest literally billions of dollars in the us in plant and equipment in jobs less quick question what has been the response from the international community with regard to the tax cut um i think people have been very supportive and people completely understand it the change from may international worldwide system to a territorial system not only make sense for us in our our companies but make sense for how they're gonna tax people so i think we've had very good response i think some of those countries with high tax rates may need to reconsider things themselves cisco systems ceo chuck robbins is a big fan of the recent trump tax overhaul while at the world economic forum in davos switzerland robins told yahoo finance is editor in chief andy sir were an anchor john rogers that repatriation of foreign earnings is the most important part of the newly pass tax reform cisco has one of the biggest hordes of overseas cash about sixty seven and a half a billion dollars so let's talk about the mood here and what people are talking about a lot of optimism what are you hearing from world leaders and executives about the business environment particularly as it relates to tech it will clearly there's a there's a great deal of optimism based on what happened in the global economy right now and so everybody feels good it's probably the the most optimistic from that perspective in all the years that i've been coming here i would say that uh but we also realise with the theme here that there's there are still there are lots of issues in the world and i think what what's not necessarily being reported a lot but is being discussed a great deal is what's the business community and the tech communities responsibility in what are we going to do and what are we doing now to try to actually hill bridge that if you think about what's going on in our business with a.

us yahoo john rogers cisco ceo chuck robbins switzerland editor in chief andy sir hill bridge billion dollars
"chuck robbins" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:30 min | 4 years ago

"chuck robbins" Discussed on CNBC's Fast Money

"Could fast money we do have an earnings alert on cisco the conference call underway as we speak josh lipton monitoring it out san francisco force josh well scott you see cisco shares and their red here in the after hours but ceo chuck robbins trying to sound a bullish tone on the call saying that cisco was executing well that the core business he says better position for the long term though analogy this is a multiyear transition in terms of different product categories scott he began the call by talking about that security business revenue up three percent he said that cisco is position as the number one enterprise at security vendor cisco's executive saying they do expect an uptick in that business the first question though right out of the gate from analysts was about that switching business though you star revenue down nine percent analysts asking listen switching is having this tough eu as you looking at 18 what do you expect he was robbins had to say if you think about our guideline quarter we anticipated do some we also knew at the time that we're going to be making the announcement in june about the new platform into we anticipated the result no anytime we do a major platforms announcement particularly in switching there is a a period of time were customers pause because they want to understand what this means so we did see a pause and we actually anticipated a but we saw great traction with a new platforms.

cisco executive josh lipton san francisco ceo chuck robbins three percent nine percent
"chuck robbins" Discussed on Packet Pushers - Datanauts

Packet Pushers - Datanauts

01:53 min | 4 years ago

"chuck robbins" Discussed on Packet Pushers - Datanauts

"That's not necessarily bad assume semi can at least you consume their services at a reasonable price you don't always have to buy best in breed as long as what you are getting his quote unquote good enough a lot of times good knup really is good enough and so yeah the what's the downside the vendor lock and it's harder to migrate off well if a small you are the harder it is because you don't tend to have a lot of flexibility and just being able to two up and move something else but if you're bigger particularly when it comes time to move you can stand up new infrastructure and migrate overs you go you know old pod nepad kind of a scenario so it's not great but it's not the end of the world a lotta people do it that way kind of changing out vendor solutions over refresh cycles neil as they as they go forward so i again i really think vendor lock it's okay for a certain kind of customer yeah and it's not so much i don't really have a strong opinion either way you know i i certainly am cognizant of those things during conversations i feel that on the whole people get a little too bent out of shape about lockin but it certainly something that i felt like had not been mentioned in certainly will be and it'll be interesting to hear the way these vendors describe what they feel about lock in an and how this actually to me it actually helps you longterm longterm to have kinda that obstruction layer butter i dunno puglia weird about that stops a sled of vegetative air now and i you kind of a parting fahd here just to conclude some of my what my take away from cisco live just a man if you listen to the keynote with chuck robbins he wasn't talking about interoperable or open or multivendor it was all all cisco message baby if you've got an enterprise networking problem or if you've got an enterprise anything problem really security compute cisco is there to solve that problem for a he wasn't thought about anybody else so i think maybe we're going to see that for more vendors where it's like gloves are coming off.

fahd cisco chuck robbins