The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
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Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
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Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Investors should buy shares Cisco on the prospect of good earnings and guidance, according to Jefferies, which reaffirmed its buy rating on the technology company.
Cisco will report fiscal fourth quarter financial results after the market close on Wednesday.
"We continue to like the risk/reward here. Further, we expect the organization to provide solid July quarter results and October guidance," analyst George Notter wrote in a note to clients Wednesday.
"Our detailed analysis of June quarter EPS results across a wide swath of IT- and Service Provider-exposed vendors suggests that the environment remained relatively solid for Cisco during their July quarter."