Industrials
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Cisco’s Memory Price Slump: A Tech Sector Tremor
Market rotation is accelerating, with industrials outperforming tech. Cisco’s earnings beat expectations but saw margins pressured by rising memory costs, impacting Apple and PC makers. Despite these challenges, demand for AI infrastructure and Cisco’s strategic pricing offer resilience. Apple’s Siri overhaul is staggered, but iPhone sales remain strong, supported by AI integration potential.
