Cisco, Arista Cut to Neutral On Concern About Network Demand

Cisco Systems  (CSCO) – Get Report and Arista Networks  (ANET) – Get Report were downgraded by Citigroup analyst Jim Suva, who sees the coronavirus pandemic continuing to blunt corporate demand for networks.

Cisco has networking systems for internet communications and internet technology, and Arista has cloud networking solutions.

Suva cut his share-price targets to $43 from $48 for Cisco and to $230 from $290 for Arista. 

Cisco, San Jose, Calif., recently traded at $40.31, up 1.2%. The stock has slumped 16% year to date. 

Arista recently traded at $226.29, down 0.6%. The stock has gained 11% year to date. The S&P 500 has climbed 10% year to date

“It is clear to us that business and life will not return to the pre covid-19 normal,” Suva wrote in a commentary.

“While we recognize there is likely a permanent shift to a more flexible work environment, we

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Engineering Services Outsourcing Market will Showcase Neutral Impact During 2020-2024 | Improved Access to Emerging Markets to Boost Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global engineering services outsourcing market size and it is poised to grow by USD 207.85 billion during 2020-2024, progressing at a CAGR of almost 23% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture, Altair Engineering, Inc., Alten GmbH, Aricent Group, HCL Technologies, Infosys, RLE International Group, TCS, Tech Mahindra Ltd., and Wipro are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining

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American Express Shares Cut to Neutral on Valuation

American Express shares were cut to neutral from buy by Susquehanna analyst James Friedman, based on a full valuation at the credit card and travel services company.

His rating was at buy for at least three years, according to MarketWatch. Friedman affirmed his share-price target at $110.

“It would be hard for [the company] to do better than its merchants, so consensus 2021 revenue up 11% looks full to us,” Friedman wrote in a commentary, according to MarketWatch. He said 7.5% growth is more like it, according to The Fly.

AmEx shares recently traded at $105.31, down 0.7%. They had fallen 15% year to date through Thursday. They also have risen 11% since Sept. 24, including Friday’s move.

Morningstar analyst Eric Compton sees American Express close to his fair-value estimate of $108.

“Investors should expect a difficult year for AmEx, as the company battles the coronavirus pandemic,” he wrote in

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New study reveals sheep and beef farms close to being carbon neutral



a group of sheep standing on top of a lush green field: The study found on average around 90 percent of emissions are being absorbed.


© Getty
The study found on average around 90 percent of emissions are being absorbed.





a group of sheep standing on top of a lush green field


© Provided by Newshub


A new study shows New Zealand sheep and beef farms are already offsetting the bulk of their agricultural emissions.

The research – led by Dr Bradley Case at Auckland University of Technology (AUT) – estimates the woody vegetation on sheep and beef farms across the country is offsetting between 63 percent and 118 percent of on-farm agricultural emissions.

If the mid-point of that range is taken, on average around 90 percent of emissions are being absorbed.

Dr Case, who is a senior lecturer in GIS and remote sensing at AUT’s Applied Ecology Department in the School of Science, said the findings showed there was a strong case for farmers to get credit for the sequestration

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Blast Furnaces Market Will Showcase Neutral Impact During 2020-2024 | Large Installed Base of Blast Furnaces to Boost the Market Growth

Technavio has been monitoring the blast furnaces market and it is poised to grow by USD 869.14 mn during 2020-2024, decelerating at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005688/en/

Technavio has announced its latest market research report titled Global Blast Furnaces Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

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Smartphone Market will Showcase Neutral Impact during 2020-2024|Growing Adoption of AI in Smartphones to Boost the Market Growth

Technavio has been monitoring the smartphone market and it is poised to grow by 64.05 mn units during 2020-2024, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201001005743/en/

Technavio has announced its latest market research report titled Global Smartphone Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market

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Twitter CEO Jack Dorsey slams Coinbase chief’s neutral stance

  • Twitter CEO Jack Dorsey and former CEO and investor Dick Costolo are among the tech figures publicly criticizing Coinbase CEO Brian Armstrong.
  • Armstrong has forbidden corporate and employee activism at his company, he said. He has told employees who dislike this to leave the company with severance, according to leaked emails.
  • Dorsey argued that Coinbase’s mission revolves around Bitcoin which is itself “direct activism” against a status quo financial system that “negatively affects so much of our society.”
  • But Costolo’s comments set off a real firestorm, when he used language invoking a firing squad.
  • Some believe that Armstrong’s move to push politics out of his workplace were necessary during a polarized time while others characterized it as tone-deaf and punitive.
  • Visit Business Insider’s homepage for more stories.

Reactions to Coinbase CEO Brian Armstrong’s hard line against corporate activism at his company set off infighting among tech figures Wednesday who disagreed

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Retail E-Commerce Software Market Will Showcase Neutral Impact During 2020-2024 | Rise in International Retailing to Boost Market Growth

Technavio has been monitoring the global retail e-commerce software market size and it is poised to grow by USD 3.38 billion during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005470/en/

Technavio has announced its latest market research report titled Global Retail E-Commerce Software Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000

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Metal Welding Market Will Showcase Neutral Impact During 2020-2024 | High Rate of Infrastructure Development to Boost the Market Growth

Technavio has been monitoring the metal welding market and it is poised to grow by $ 8.56 mn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005766/en/

Technavio has announced its latest market research report titled Global Metal Welding Market 2020-2024 (Graphic: Business Wire).

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

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