Friday, July 13, 2018

Cisco Inventory drops onto a Record Amazon Web Services is developing its own network Apparatus

Media company stocks dropped off Friday following a report by The Info which Amazon Web Services is considering selling its own network switching devices.

Cisco dropped 5%, representing a loss in stock value of about $11 billion. Arista Networks dropped nearly 6 per cent, also F5 Networks dropped approximately 2 percent. Broadcom, which makes chips used in altering devices, was down nearly 3% on the day following the record, stretching a demanding week for its inventory .

The post Cisco Inventory drops onto a Record Amazon Web Services is developing its own network Apparatus appeared first on Retailnewsfeed.com.

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