Cisco will be patient in China as it seeks to overcome its challenges in the country, says CEO John Chambers.
Cisco, hot on the heels of disappointing fiscal first-quarter results last month, vows to increase its efforts in emerging markets.
After a tough few weeks for Cisco's stock, the tech bellwether will be keen to convince investors that it can handle spending and competitive pressures at its financial analyst conference on Thursday
Micron was a big loser before market open as investors continued to digest the company's deal with Rambus.
Nelson Mandela, the former South African president and leader of the formerly outlawed, African National Congress, died at 95 on Thursday.
Competing in China is difficult enough but Cisco and IBM are also having to withstand the backlash from recent spy scandals and the uncertainty of a new-round of economic reforms.
Fortinet shares tanked almost 10% in pre-market trading on Friday following the surprise resignation of the company's CFO Ahmed Rubaie.
Apple is touting gift cards on a range of products for its annual Black Friday promotion.
HP shares surge in premarket trading on Wednesday, lifted by the PC maker's fourth-quarter revenue beat.
HP investors breath a massive sigh of relief after the tech giant blows past Wall Street's fourth-quarter revenue forecasts, but margins remain an area of concern.