Cisco Shares Slump, Coinbase Shares Surge | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow take a look at Cisco shares under pressure after delivering a disappointing outlook along with plans to cut thousands of jobs. Plus, Coinbase shares surge after receiving an upgrade from JPMorgan ahead of the company’s earnings report, and 13F filings reveal hedge funds bought into some of the biggest names in tech in the fourth quarter.
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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