Cisco earnings: What to expect from the network equipment and software giant – MarketWatch
Object.keys(e[t]||{}),executeQueue(e){try{t[e]&&t[e].forEach((e=>this.execute(…e))),delete t[e]}catch(e){console.error(e)}},execute(){var[t,i,r,n]=arguments,s=e[t][i],u=e=>e,c=[];return”function”!=typeof s?s:(r&&(“function”==typeof r?(u=r,n&&Array.isArray(n)&&(c=n)):Array.isArray(r)&&(c=r)),u(s.apply(null,c)))},__reset(){var i=e=>Object.keys(e).forEach((t=>delete e[t]));i(e),i(t)},hasSubscription(e){return this.getSubscribedElements().indexOf(e)>-1},hasSubscribedFunction(e,t){return this.getSubscribedFunctions(e).indexOf(t)>-1},uniqueFucntionsUnderSubscription(t,i){const{__ace:r=(()=>({}))}=window;let n={};return Object.keys(i).forEach((s=>{e[t][s]?r(“log”,”log”,[{type:”warning”,initiator:”page”,message:”You are trying to subscribe the function “+s+” under the “+t+” namespace again. Use another name.”}]):n[s]=i[s]})),n},addSubscription(t,i){if(this.hasSubscription(t)){const r=this.uniqueFucntionsUnderSubscription(t,i);e[t]={…e[t],…r}}else e[t]=i;return e},subscribe(t,i,r){if(r)return e[t]=i,e;if(!i||”object”!=typeof i)throw new Error(“Missing third parameter. You must provide an object.”);return this.addSubscription(t,i),this.executeQueue(t),e},globalMessaging(){var[e,t,…i]=arguments;if(!e&&!t)return this.getSubscribedElements();if(e&&”string”==typeof e&&!t)return this.getSubscribedFunctions(e);if(“string”!=typeof e||”string”!=typeof t)throw new Error(“First and second argument must be String types”);if(this.hasSubscribedFunction(e,t))return this.execute(e,t,…i);this.addToExecutionQueue(e,t,…i)}},window.__ace=i.globalMessaging.bind(i),window.__ace.subscribe=i.subscribe.bind(i)}();var googletag=googletag||{};googletag.cmd=googletag.cmd||[];function _typeof(e){return(_typeof=”function”==typeof Symbol&&”symbol”==typeof Symbol.iterator?function(e){return typeof e}:function(e){return e&&”function”==typeof Symbol&&e.constructor===Symbol&&e!==Symbol.prototype?”symbol”:typeof e})(e)}!function(){for(var e,t,n=[],r=window,o=r;o;){try{if(o.frames.__tcfapiLocator){e=o;break}}catch(e){}if(o===r.top)break;o=r.parent}e||(function e(){var t=r.document,n=!!r.frames.__tcfapiLocator;if(!n)if(t.body){var o=t.createElement(“iframe”);o.style.cssText=”display:none”,o.name=”__tcfapiLocator”,t.body.appendChild(o)}else setTimeout(e,5);return!n}(),r.__tcfapi=function(){for(var e=arguments.length,r=new Array(e),o=0;o3&&2===parseInt(r[1],10)&&”boolean”==typeof r[3]&&(t=r[3],”function”==typeof r[2]&&r[2](“set”,!0)):”ping”===r[0]?”function”==typeof r[2]&&r[2]({gdprApplies:t,cmpLoaded:!1,cmpStatus:”stub”}):n.push(r)},r.addEventListener(“message”,(function(e){var t=”string”==typeof e.data,n={};if(t)try{n=JSON.parse(e.data)}catch(e){}else n=e.data;var r=”object”===_typeof(n)?n.__tcfapiCall:null;r&&window.__tcfapi(r.command,r.version,(function(n,o){var a={__tcfapiReturn:{returnValue:n,success:o,callId:r.callId}};e&&e.source&&e.source.postMessage&&e.source.postMessage(t?JSON.stringify(a):a,”*”)}),r.parameter)}),!1))}(),function(){var e=!1,t=window,n=document;function r(e){var n=”string”==typeof e.data;try{var r=n?JSON.parse(e.data):e.data;if(r.__cmpCall){var o=r.__cmpCall;t.__uspapi(o.command,o.parameter,(function(t,r){var a={__cmpReturn:{returnValue:t,success:r,callId:o.callId}};e.source.postMessage(n?JSON.stringify(a):a,”*”)}))}}catch(r){}}!function e(){if(!t.frames.__uspapiLocator)if(n.body){var r=n.body,o=n.createElement(“iframe”);o.style.cssText=”display:none”,o.name=”__uspapiLocator”,r.appendChild(o)}else setTimeout(e,5)}(),”function”!=typeof __uspapi&&(t.__uspapi=function(){var t=arguments;if(__uspapi.a=__uspapi.a||[],!t.length)return __uspapi.a;”ping”===t[0]?t[2]({gdprAppliesGlobally:e,cmpLoaded:!1},!0):__uspapi.a.push([].slice.apply(t))},__uspapi.msgHandler=r,t.addEventListener(“message”,r,!1))}(),function(e){var t={};function n(r){if(t[r])return t[r].exports;var o=t[r]={i:r,l:!1,exports:{}};return e[r].call(o.exports,o,o.exports,n),o.l=!0,o.exports}n.m=e,n.c=t,n.d=function(e,t,r){n.o(e,t)||Object.defineProperty(e,t,{enumerable:!0,get:r})},n.r=function(e){“undefined”!=typeof Symbol&&Symbol.toStringTag&&Object.defineProperty(e,Symbol.toStringTag,{value:”Module”}),Object.defineProperty(e,”__esModule”,{value:!0})},n.t=function(e,t){if(1&t&&(e=n(e)),8&t)return e;if(4&t&&”object”==typeof e&&e&&e.__esModule)return e;var r=Object.create(null);if(n.r(r),Object.defineProperty(r,”default”,{enumerable:!0,value:e}),2&t&&”string”!=typeof e)for(var o in e)n.d(r,o,function(t){return e[t]}.bind(null,o));return r},n.n=function(e){var t=e&&e.__esModule?function(){return e.default}:function(){return e};return n.d(t,”a”,t),t},n.o=function(e,t){return Object.prototype.hasOwnProperty.call(e,t)},n.p=”/”,n(n.s=0)}([function(e,t,n){“use strict”;n.r(t);var r=function(){var e=window.djcmp,t=void 0===e?{}:e;if(!t._params){var n=document.querySelector(“#djcmp”),r=n&&n.getAttribute(“data-params”);t._params=r&&JSON.parse(r)}return t._params||{}},o=function(){return!(-1!==(document&&document.cookie||””).indexOf(“gdprApplies=false”))},a=function(){return window&&window.djcmp&&window.djcmp.tcData&&window.djcmp.tcData.gdprApplies},i=function(){var e=a();return”boolean”==typeof e?e:null},p=function(e,t){if(r().gdprApplies)return!0;switch(e){case”cookieOnly”:return o();case”serviceOnly”:return function(){var e=arguments.length>0&&void 0!==arguments[0]?arguments[0]:function(){},t=r().geoServiceUrl;if(t){var n=””.concat(t,”/geolocation-services/gdpr”);fetch(n).then((function(e){return e.json()})).then((function(t){var n=t.applies;e(n)})).catch((function(){e(null)}))}else”function”==typeof e&&e(null)}(t);case”tcfapiOnly”:return”function”==typeof t?function(e){var t=a();return”boolean”==typeof t?e(t):window.__tcfapi(“getTCData”,2,(function(t){var n=”boolean”!=typeof t.gdprApplies||t.gdprApplies;e(n)}))}(t):i();case”cookieFirst”:return-1!==(document&&document.cookie||””).indexOf(“gdprApplies=”)?o():i();default:return function(){var e=a();return”boolean”==typeof e?e:o()}()}},c=function(e){return!!r().ccpaApplies};!function(){var e=[];function t(){e.push(arguments)}window.djcmp||(t.gdprApplies=p,t.ccpaApplies=c,t.queue=e,window.djcmp=t)}()}]); ]]]]]]]]>]]]]]]>]]]]>]]> {}),performance:d}=window,o=e=>{const d=(t(“page”)||[]).indexOf(“setPerfMark”)>-1?”page”:”ace”;t(d,”setPerfMark”,[e,{isNewRelicEnabled:!0,justNewRelic:!1}])};e.cmd.push((()=>{const s={gptSlotRequested:!1,gptSlotRenderEnded:!1,gptSlotOnload:!1};window.adslots=window.adslots||{},window.adslots.spaAdtechPerfObj=s,t(“dataLayer”,”setData”,[{spaAdtechPerfObj:s}]),e.pubads().addEventListener(“slotRequested”,(()=>{const{spaAdtechPerfObj:e={}}=window.adslots,{gptSlotRequested:t}=e;t||(d.clearMarks(“gpt-slotRequested”),o(“gpt-slotRequested”),window.adslots.spaAdtechPerfObj.gptSlotRequested=!0)})),e.pubads().addEventListener(“slotRenderEnded”,(()=>{const{spaAdtechPerfObj:e={}}=window.adslots,{gptSlotRenderEnded:t}=e;t||(d.clearMarks(“gpt-slotRenderEnded”),o(“gpt-slotRenderEnded”),window.adslots.spaAdtechPerfObj.gptSlotRenderEnded=!0)})),e.pubads().addEventListener(“slotOnload”,(()=>{const{spaAdtechPerfObj:e={}}=window.adslots,{gptSlotOnload:t}=e;t||(d.clearMarks(“gpt-slotOnload”),o(“gpt-slotOnload”),window.adslots.spaAdtechPerfObj.gptSlotOnload=!0)}))}))})(); ]]]]]]]]>]]]]]]>]]]]>]]> {const{moatEnabled:t,adId:o,slot:d,requestAd:m}=e,s=a[o]&&a[o].slot||d;if(n.getEntriesByName(“moat-ace-firstAdItem”).length||i(“ace”,”setPerfMark”,[“moat-ace-firstAdItem”,{isNewRelicEnabled:!0}]),t&&”function”==typeof r&&r(s),!s)throw new ReferenceError(`slot ${o} is not defined`);m(s,e)})),window.moatQueue=null};((t=e)=>{if(“function”!=typeof t)throw new TypeError(“moatYieldReady must be a function”);window.moatYieldReady=t})()}(); ]]]]]]]]>]]]]]]>]]]]>]]> {function a(a,e){window.apstag._Q.push([a,e])}window.apstag||(window.apstag={init(){a(“i”,arguments)},fetchBids(){a(“f”,arguments)},setDisplayBids(){},targetingKeys:()=>[],_Q:[]})})(); ]]]]]]]]>]]]]]]>]]]]>]]> {n.d(t,{P_:()=>f,Mt:()=>p,C5:()=>s,DL:()=>m,OP:()=>j,lF:()=>E,Yu:()=>y,Dg:()=>g,CX:()=>c,GE:()=>b,sU:()=>_});var r=n(8632),i=n(9567);const a={beacon:r.ce.beacon,errorBeacon:r.ce.errorBeacon,licenseKey:void 0,applicationID:void 0,sa:void 0,queueTime:void 0,applicationTime:void 0,ttGuid:void 0,user:void 0,account:void 0,product:void 0,extra:void 0,jsAttributes:{},userAttributes:void 0,atts:void 0,transactionName:void 0,tNamePlain:void 0},o={};function s(e){if(!e)throw new Error(“All info objects require an agent identifier!”);if(!o[e])throw new Error(“Info for “.concat(e,” was never set”));return o[e]}function c(e,t){if(!e)throw new Error(“All info objects require an agent identifier!”);o[e]=(0,i.D)(t,a),(0,r.Qy)(e,o[e],”info”)}var d=n(7056);const u=()=>{const e={blockSelector:”[data-nr-block]”,maskInputOptions:{password:!0}};return{allow_bfcache:!0,privacy:{cookies_enabled:!0},ajax:{deny_list:void 0,block_internal:!0,enabled:!0,harvestTimeSeconds:10},distributed_tracing:{enabled:void 0,exclude_newrelic_header:void 0,cors_use_newrelic_header:void 0,cors_use_tracecontext_headers:void 0,allowed_origins:void 0},session:{domain:void 0,expiresMs:d.oD,inactiveMs:d.Hb},ssl:void 0,obfuscate:void 0,jserrors:{enabled:!0,harvestTimeSeconds:10},metrics:{enabled:!0},page_action:{enabled:!0,harvestTimeSeconds:30},page_view_event:{enabled:!0},page_view_timing:{enabled:!0,harvestTimeSeconds:30,long_task:!1},session_trace:{enabled:!0,harvestTimeSeconds:10},harvest:{tooManyRequestsDelay:60},session_replay:{enabled:!1,harvestTimeSeconds:60,sampleRate:.1,errorSampleRate:.1,maskTextSelector:”*”,maskAllInputs:!0,get blockClass(){return”nr-block”},get ignoreClass(){return”nr-ignore”},get maskTextClass(){return”nr-mask”},get blockSelector(){return e.blockSelector},set blockSelector(t){e.blockSelector+=”,”.concat(t)},get maskInputOptions(){return e.maskInputOptions},set maskInputOptions(t){e.maskInputOptions={…t,password:!0}}},spa:{enabled:!0,harvestTimeSeconds:10}}},l={};function f(e){if(!e)throw new Error(“All configuration objects require an agent identifier!”);if(!l[e])throw new Error(“Configuration for “.concat(e,” was never set”));return l[e]}function g(e,t){if(!e)throw new Error(“All configuration objects require an agent identifier!”);l[e]=(0,i.D)(t,u()),(0,r.Qy)(e,l[e],”config”)}function p(e,t){if(!e)throw new Error(“All configuration objects require an agent identifier!”);var n=f(e);if(n){for(var r=t.split(“.”),i=0;i{n.d(t,{D:()=>i});var r=n(50);function i(e,t){try{if(!e||”object”!=typeof e)return(0,r.Z)(“Setting a Configurable requires an object as input”);if(!t||”object”!=typeof t)return(0,r.Z)(“Setting a Configurable requires a model to set its initial properties”);const n=Object.create(Object.getPrototypeOf(t),Object.getOwnPropertyDescriptors(t)),a=0===Object.keys(n).length?e:n;for(let o in a)if(void 0!==e[o])try{“object”==typeof e[o]&&”object”==typeof t[o]?n[o]=i(e[o],t[o]):n[o]=e[o]}catch(e){(0,r.Z)(“An error occurred while setting a property of a Configurable”,e)}return n}catch(e){(0,r.Z)(“An error occured while setting a Configurable”,e)}}},6818:(e,t,n)=>{n.d(t,{Re:()=>i,gF:()=>a,q4:()=>r});const r=”1.237.1″,i=”PROD”,a=”CDN”},385:(e,t,n)=>{n.d(t,{FN:()=>o,IF:()=>d,Nk:()=>l,Tt:()=>s,_A:()=>a,il:()=>r,pL:()=>c,v6:()=>i,w1:()=>u});const r=”undefined”!=typeof window&&!!window.document,i=”undefined”!=typeof WorkerGlobalScope&&(“undefined”!=typeof self&&self instanceof WorkerGlobalScope&&self.navigator instanceof WorkerNavigator||”undefined”!=typeof globalThis&&globalThis instanceof WorkerGlobalScope&&globalThis.navigator instanceof WorkerNavigator),a=r?window:”undefined”!=typeof WorkerGlobalScope&&(“undefined”!=typeof self&&self instanceof WorkerGlobalScope&&self||”undefined”!=typeof globalThis&&globalThis instanceof WorkerGlobalScope&&globalThis),o=””+a?.location,s=/iPad|iPhone|iPod/.test(navigator.userAgent),c=s&&”undefined”==typeof SharedWorker,d=(()=>{const e=navigator.userAgent.match(/Firefox[/s](d+.d+)/);return Array.isArray(e)&&e.length>=2?+e[1]:0})(),u=Boolean(r&&window.document.documentMode),l=!!navigator.sendBeacon},1117:(e,t,n)=>{n.d(t,{w:()=>a});var r=n(50);const i={agentIdentifier:””,ee:void 0};class a{constructor(e){try{if(“object”!=typeof e)return(0,r.Z)(“shared context requires an object as input”);this.sharedContext={},Object.assign(this.sharedContext,i),Object.entries(e).forEach((e=>{let[t,n]=e;Object.keys(i).includes(t)&&(this.sharedContext[t]=n)}))}catch(e){(0,r.Z)(“An error occured while setting SharedContext”,e)}}}},8e3:(e,t,n)=>{n.d(t,{L:()=>u,R:()=>c});var r=n(2177),i=n(1284),a=n(4322),o=n(3325);const s={};function c(e,t){const n={staged:!1,priority:o.p[t]||0};d(e),s[e].get(t)||s[e].set(t,n)}function d(e){e&&(s[e]||(s[e]=new Map))}function u(){let e=arguments.length>0&&void 0!==arguments[0]?arguments[0]:””,t=arguments.length>1&&void 0!==arguments[1]?arguments[1]:”feature”;if(d(e),!e||!s[e].get(t))return o(t);s[e].get(t).staged=!0;const n=[…s[e]];function o(t){const n=e?r.ee.get(e):r.ee,o=a.X.handlers;if(n.backlog&&o){var s=n.backlog[t],c=o[t];if(c){for(var d=0;s&&d{let[t,n]=e;return n.staged}))&&(n.sort(((e,t)=>e[1].priority-t[1].priority)),n.forEach((e=>{let[t]=e;o(t)})))}function l(e,t){var n=e[1];(0,i.D)(t[n],(function(t,n){var r=e[0];if(n[0]===r){var i=n[1],a=e[3],o=e[2];i.apply(a,o)}}))}},2177:(e,t,n)=>{n.d(t,{ee:()=>d});var r=n(8632),i=n(2210),a=n(1284),o=n(5763),s=”nr@context”;let c=(0,r.fP)();var d;function u(){}function l(){return new u}function f(){d.aborted=!0,d.backlog={}}c.ee?d=c.ee:(d=function e(t,n){var r={},c={},g={},p=!1;try{p=16===n.length&&(0,o.OP)(n).isolatedBacklog}catch(e){}var h={on:b,addEventListener:b,removeEventListener:y,emit:m,get:A,listeners:w,context:v,buffer:x,abort:f,aborted:!1,isBuffering:D,debugId:n,backlog:p?{}:t&&”object”==typeof t.backlog?t.backlog:{}};return h;function v(e){return e&&e instanceof u?e:e?(0,i.X)(e,s,l):l()}function m(e,n,r,i,a){if(!1!==a&&(a=!0),!d.aborted||i){t&&a&&t.emit(e,n,r);for(var o=v(r),s=w(e),u=s.length,l=0;lr,p:()=>i});var r=n(2177).ee.get(“handle”);function i(e,t,n,i,a){a?(a.buffer([e],i),a.emit(e,t,n)):(r.buffer([e],i),r.emit(e,t,n))}},4322:(e,t,n)=>{n.d(t,{X:()=>a});var r=n(5546);a.on=o;var i=a.handlers={};function a(e,t,n,a){o(a||r.E,i,e,t,n)}function o(e,t,n,i,a){a||(a=”feature”),e||(e=r.E);var o=t[a]=t[a]||{};(o[n]=o[n]||[]).push([e,i])}},3239:(e,t,n)=>{n.d(t,{bP:()=>s,iz:()=>c,m$:()=>o});var r=n(385);let i=!1,a=!1;try{const e={get passive(){return i=!0,!1},get signal(){return a=!0,!1}};r._A.addEventListener(“test”,null,e),r._A.removeEventListener(“test”,null,e)}catch(e){}function o(e,t){return i||a?{capture:!!e,passive:i,signal:t}:!!e}function s(e,t){let n=arguments.length>2&&void 0!==arguments[2]&&arguments[2],r=arguments.length>3?arguments[3]:void 0;window.addEventListener(e,t,o(n,r))}function c(e,t){let n=arguments.length>2&&void 0!==arguments[2]&&arguments[2],r=arguments.length>3?arguments[3]:void 0;document.addEventListener(e,t,o(n,r))}},4402:(e,t,n)=>{n.d(t,{Rl:()=>o,ky:()=>s});var r=n(385);const i=”xxxxxxxx-xxxx-4xxx-yxxx-xxxxxxxxxxxx”;function a(e,t){return e?15&e[t]:16*Math.random()|0}function o(){const e=r._A?.crypto||r._A?.msCrypto;let t,n=0;return e&&e.getRandomValues&&(t=e.getRandomValues(new Uint8Array(31))),i.split(“”).map((e=>”x”===e?a(t,++n).toString(16):”y”===e?(3&a()|8).toString(16):e)).join(“”)}function s(e){const t=r._A?.crypto||r._A?.msCrypto;let n,i=0;t&&t.getRandomValues&&(n=t.getRandomValues(new Uint8Array(31)));const o=[];for(var s=0;s{n.d(t,{Bq:()=>r,Hb:()=>a,oD:()=>i});const r=”NRBA”,i=144e5,a=18e5},7894:(e,t,n)=>{function r(){return Math.round(performance.now())}n.d(t,{z:()=>r})},50:(e,t,n)=>{function r(e,t){“function”==typeof console.warn&&(console.warn(“New Relic: “.concat(e)),t&&console.warn(t))}n.d(t,{Z:()=>r})},2587:(e,t,n)=>{n.d(t,{N:()=>c,T:()=>d});var r=n(2177),i=n(5546),a=n(8e3),o=n(3325);const s={stn:[o.D.sessionTrace],err:[o.D.jserrors,o.D.metrics],ins:[o.D.pageAction],spa:[o.D.spa],sr:[o.D.sessionReplay,o.D.sessionTrace]};function c(e,t){const n=r.ee.get(t);e&&”object”==typeof e&&(Object.entries(e).forEach((e=>{let[t,r]=e;void 0===d[t]&&(s[t]?s[t].forEach((e=>{r?(0,i.p)(“feat-“+t,[],void 0,e,n):(0,i.p)(“block-“+t,[],void 0,e,n),(0,i.p)(“rumresp-“+t,[Boolean(r)],void 0,e,n)})):r&&(0,i.p)(“feat-“+t,[],void 0,void 0,n),d[t]=Boolean(r))})),Object.keys(s).forEach((e=>{void 0===d[e]&&(s[e]?.forEach((t=>(0,i.p)(“rumresp-“+e,[!1],void 0,t,n))),d[e]=!1)})),(0,a.L)(t,o.D.pageViewEvent))}const d={}},2210:(e,t,n)=>{n.d(t,{X:()=>i});var r=Object.prototype.hasOwnProperty;function i(e,t,n){if(r.call(e,t))return e[t];var i=n();if(Object.defineProperty&&Object.keys)try{return Object.defineProperty(e,t,{value:i,writable:!0,enumerable:!1}),i}catch(e){}return e[t]=i,i}},1284:(e,t,n)=>{n.d(t,{D:()=>r});const r=(e,t)=>Object.entries(e||{}).map((e=>{let[n,r]=e;return t(n,r)}))},4351:(e,t,n)=>{n.d(t,{P:()=>a});var r=n(2177);const i=()=>{const e=new WeakSet;return(t,n)=>{if(“object”==typeof n&&null!==n){if(e.has(n))return;e.add(n)}return n}};function a(e){try{return JSON.stringify(e,i())}catch(e){try{r.ee.emit(“internal-error”,[e])}catch(e){}}}},3960:(e,t,n)=>{n.d(t,{K:()=>o,b:()=>a});var r=n(3239);function i(){return”undefined”==typeof document||”complete”===document.readyState}function a(e,t){if(i())return e();(0,r.bP)(“load”,e,t)}function o(e){if(i())return e();(0,r.iz)(“DOMContentLoaded”,e)}},8632:(e,t,n)=>{n.d(t,{EZ:()=>d,Qy:()=>c,ce:()=>a,fP:()=>o,gG:()=>u,mF:()=>s});var r=n(7894),i=n(385);const a={beacon:”bam.nr-data.net”,errorBeacon:”bam.nr-data.net”};function o(){return i._A.NREUM||(i._A.NREUM={}),void 0===i._A.newrelic&&(i._A.newrelic=i._A.NREUM),i._A.NREUM}function s(){let e=o();return e.o||(e.o={ST:i._A.setTimeout,SI:i._A.setImmediate,CT:i._A.clearTimeout,XHR:i._A.XMLHttpRequest,REQ:i._A.Request,EV:i._A.Event,PR:i._A.Promise,MO:i._A.MutationObserver,FETCH:i._A.fetch}),e}function c(e,t,n){let i=o();const a=i.initializedAgents||{},s=a[e]||{};return Object.keys(s).length||(s.initializedAt={ms:(0,r.z)(),date:new Date}),i.initializedAgents={…a,[e]:{…s,[n]:t}},i}function d(e,t){o()[e]=t}function u(){return function(){let e=o();const t=e.info||{};e.info={beacon:a.beacon,errorBeacon:a.errorBeacon,…t}}(),function(){let e=o();const t=e.init||{};e.init={…t}}(),s(),function(){let e=o();const t=e.loader_config||{};e.loader_config={…t}}(),o()}},7956:(e,t,n)=>{n.d(t,{N:()=>i});var r=n(3239);function i(e){let t=arguments.length>1&&void 0!==arguments[1]&&arguments[1],n=arguments.length>2?arguments[2]:void 0,i=arguments.length>3?arguments[3]:void 0;return void(0,r.iz)(“visibilitychange”,(function(){if(t)return void(“hidden”==document.visibilityState&&e());e(document.visibilityState)}),n,i)}},3081:(e,t,n)=>{n.d(t,{gF:()=>a,mY:()=>i,t9:()=>r,vz:()=>s,xS:()=>o});const r=n(3325).D.metrics,i=”sm”,a=”cm”,o=”storeSupportabilityMetrics”,s=”storeEventMetrics”},7633:(e,t,n)=>{n.d(t,{Dz:()=>i,OJ:()=>o,qw:()=>a,t9:()=>r});const r=n(3325).D.pageViewEvent,i=”firstbyte”,a=”domcontent”,o=”windowload”},9251:(e,t,n)=>{n.d(t,{t:()=>r});const r=n(3325).D.pageViewTiming},5938:(e,t,n)=>{n.d(t,{W:()=>a});var r=n(5763),i=n(2177);class a{constructor(e,t,n){this.agentIdentifier=e,this.aggregator=t,this.ee=i.ee.get(e,(0,r.OP)(this.agentIdentifier).isolatedBacklog),this.featureName=n,this.blocked=!1}}},9144:(e,t,n)=>{n.d(t,{j:()=>v});var r=n(3325),i=n(5763),a=n(5546),o=n(2177),s=n(7894),c=n(8e3),d=n(3960),u=n(385),l=n(50),f=n(3081),g=n(8632);function p(){const e=(0,g.gG)();[“setErrorHandler”,”finished”,”addToTrace”,”inlineHit”,”addRelease”,”addPageAction”,”setCurrentRouteName”,”setPageViewName”,”setCustomAttribute”,”interaction”,”noticeError”,”setUserId”].forEach((t=>{e[t]=function(){for(var n=arguments.length,r=new Array(n),i=0;i1?n-1:0),i=1;i{e.exposed&&e.api[t]&&a.push(e.api[t](…r))})),a.length>1?a:a[0]}(t,…r)}}))}var h=n(2587);function v(e){let t=arguments.length>1&&void 0!==arguments[1]?arguments[1]:{},v=arguments.length>2?arguments[2]:void 0,m=arguments.length>3?arguments[3]:void 0,{init:b,info:y,loader_config:w,runtime:A={loaderType:v},exposed:x=!0}=t;const D=(0,g.gG)();y||(b=D.init,y=D.info,w=D.loader_config),(0,i.Dg)(e,b||{}),(0,i.GE)(e,w||{}),y.jsAttributes??={},u.v6&&(y.jsAttributes.isWorker=!0),(0,i.CX)(e,y);const j=(0,i.P_)(e);A.denyList=[…j.ajax?.deny_list||[],…j.ajax?.block_internal?[y.beacon,y.errorBeacon]:[]],(0,i.sU)(e,A),p();const _=function(e,t){t||(0,c.R)(e,”api”);const g={};var p=o.ee.get(e),h=p.get(“tracer”),v=”api-“,m=v+”ixn-“;function b(t,n,r,a){const o=(0,i.C5)(e);return null===n?delete o.jsAttributes[t]:(0,i.CX)(e,{…o,jsAttributes:{…o.jsAttributes,[t]:n}}),A(v,r,!0,a||null===n?”session”:void 0)(t,n)}function y(){}[“setErrorHandler”,”finished”,”addToTrace”,”inlineHit”,”addRelease”].forEach((e=>g[e]=A(v,e,!0,”api”))),g.addPageAction=A(v,”addPageAction”,!0,r.D.pageAction),g.setCurrentRouteName=A(v,”routeName”,!0,r.D.spa),g.setPageViewName=function(t,n){if(“string”==typeof t)return”/”!==t.charAt(0)&&(t=”/”+t),(0,i.OP)(e).customTransaction=(n||”http://custom.transaction”)+t,A(v,”setPageViewName”,!0)()},g.setCustomAttribute=function(e,t){let n=arguments.length>2&&void 0!==arguments[2]&&arguments[2];if(“string”==typeof e){if([“string”,”number”].includes(typeof t)||null===t)return b(e,t,”setCustomAttribute”,n);(0,l.Z)(“Failed to execute setCustomAttribute.nNon-null value must be a string or number type, but a type of was provided.”))}else(0,l.Z)(“Failed to execute setCustomAttribute.nName must be a string type, but a type of was provided.”))},g.setUserId=function(e){if(“string”==typeof e||null===e)return b(“enduser.id”,e,”setUserId”,!0);(0,l.Z)(“Failed to execute setUserId.nNon-null value must be a string type, but a type of was provided.”))},g.interaction=function(){return(new y).get()};var w=y.prototype={createTracer:function(e,t){var n={},i=this,o=”function”==typeof t;return(0,a.p)(m+”tracer”,[(0,s.z)(),e,n],i,r.D.spa,p),function(){if(h.emit((o?””:”no-“)+”fn-start”,[(0,s.z)(),i,o],n),o)try{return t.apply(this,arguments)}catch(e){throw h.emit(“fn-err”,[arguments,this,e],n),e}finally{h.emit(“fn-end”,[(0,s.z)()],n)}}}};function A(e,t,n,i){return function(){return(0,a.p)(f.xS,[“API/”+t+”/called”],void 0,r.D.metrics,p),i&&(0,a.p)(e+t,[(0,s.z)(),…arguments],n?null:this,i,p),n?void 0:this}}function x(){n.e(439).then(n.bind(n,7438)).then((t=>{let{setAPI:n}=t;n(e),(0,c.L)(e,”api”)})).catch((()=>(0,l.Z)(“Downloading runtime APIs failed…”)))}return[“actionText”,”setName”,”setAttribute”,”save”,”ignore”,”onEnd”,”getContext”,”end”,”get”].forEach((e=>{w[e]=A(m,e,void 0,r.D.spa)})),g.noticeError=function(e,t){“string”==typeof e&&(e=new Error(e)),(0,a.p)(f.xS,[“API/noticeError/called”],void 0,r.D.metrics,p),(0,a.p)(“err”,[e,(0,s.z)(),!1,t],void 0,r.D.jserrors,p)},u.il?(0,d.b)((()=>x()),!0):x(),g}(e,m);return(0,g.Qy)(e,_,”api”),(0,g.Qy)(e,x,”exposed”),(0,g.EZ)(“activatedFeatures”,h.T),_}},3325:(e,t,n)=>{n.d(t,{D:()=>r,p:()=>i});const r={ajax:”ajax”,jserrors:”jserrors”,metrics:”metrics”,pageAction:”page_action”,pageViewEvent:”page_view_event”,pageViewTiming:”page_view_timing”,sessionReplay:”session_replay”,sessionTrace:”session_trace”,spa:”spa”},i={[r.pageViewEvent]:1,[r.pageViewTiming]:2,[r.metrics]:3,[r.jserrors]:4,[r.ajax]:5,[r.sessionTrace]:6,[r.pageAction]:7,[r.spa]:8,[r.sessionReplay]:9}}},r={};function i(e){var t=r[e];if(void 0!==t)return t.exports;var a=r[e]={exports:{}};return n[e](a,a.exports,i),a.exports}i.m=n,i.d=(e,t)=>{for(var n in t)i.o(t,n)&&!i.o(e,n)&&Object.defineProperty(e,n,{enumerable:!0,get:t[n]})},i.f={},i.e=e=>Promise.all(Object.keys(i.f).reduce(((t,n)=>(i.f[n](e,t),t)),[])),i.u=e=>(({78:”page_action-aggregate”,147:”metrics-aggregate”,193:”session_trace-aggregate”,242:”session-manager”,317:”jserrors-aggregate”,348:”page_view_timing-aggregate”,412:”lazy-feature-loader”,439:”async-api”,538:”recorder”,590:”session_replay-aggregate”,675:”compressor”,786:”page_view_event-aggregate”,873:”spa-aggregate”,898:”ajax-aggregate”}[e]||e)+”.”+{78:”467f8594″,147:”b86cefcf”,193:”ac30a1f3″,242:”d080e4cc”,317:”319b8300″,348:”7b2a53ee”,412:”c1052c27″,439:”e9f77430″,538:”9c5c1546″,590:”8b420469″,646:”9e7a6b8d”,675:”9614fd62″,786:”4988d952″,860:”95a91211″,873:”550eec7b”,898:”d95c640e”}[e]+”-1.237.1.min.js”),i.o=(e,t)=>Object.prototype.hasOwnProperty.call(e,t),e={},t=”NRBA:”,i.l=(n,r,a,o)=>{if(e[n])e[n].push(r);else{var s,c;if(void 0!==a)for(var d=document.getElementsByTagName(“script”),u=0;u{s.onerror=s.onload=null,clearTimeout(g);var i=e[n];if(delete e[n],s.parentNode&&s.parentNode.removeChild(s),i&&i.forEach((e=>e(r))),t)return t(r)},g=setTimeout(f.bind(null,void 0,{type:”timeout”,target:s}),12e4);s.onerror=f.bind(null,s.onerror),s.onload=f.bind(null,s.onload),c&&document.head.appendChild(s)}},i.r=e=>{“undefined”!=typeof Symbol&&Symbol.toStringTag&&Object.defineProperty(e,Symbol.toStringTag,{value:”Module”}),Object.defineProperty(e,”__esModule”,{value:!0})},i.j=4,i.p=”https://js-agent.newrelic.com/”,(()=>{var e={4:0,465:0};i.f.j=(t,n)=>{var r=i.o(e,t)?e[t]:void 0;if(0!==r)if(r)n.push(r[2]);else{var a=new Promise(((n,i)=>r=e[t]=[n,i]));n.push(r[2]=a);var o=i.p+i.u(t),s=new Error;i.l(o,(n=>{if(i.o(e,t)&&(0!==(r=e[t])&&(e[t]=void 0),r)){var a=n&&(“load”===n.type?”missing”:n.type),o=n&&n.target&&n.target.src;s.message=”Loading chunk “+t+” failed.n(“+a+”: “+o+”)”,s.name=”ChunkLoadError”,s.type=a,s.request=o,r[1](s)}}),”chunk-“+t,t)}};var t=(t,n)=>{var r,a,[o,s,c]=n,d=0;if(o.some((t=>0!==e[t]))){for(r in s)i.o(s,r)&&(i.m[r]=s[r]);if(c)c(i)}for(t&&t(n);d{i.r(a);var e=i(50);class t{addPageAction(t,n){(0,e.Z)(“Call to agent api addPageAction failed. The session trace feature is not currently initialized.”)}setPageViewName(t,n){(0,e.Z)(“Call to agent api setPageViewName failed. The page view feature is not currently initialized.”)}setCustomAttribute(t,n,r){(0,e.Z)(“Call to agent api setCustomAttribute failed. The js errors feature is not currently initialized.”)}noticeError(t,n){(0,e.Z)(“Call to agent api noticeError failed. The js errors feature is not currently initialized.”)}setUserId(t){(0,e.Z)(“Call to agent api setUserId failed. The js errors feature is not currently initialized.”)}setErrorHandler(t){(0,e.Z)(“Call to agent api setErrorHandler failed. The js errors feature is not currently initialized.”)}finished(t){(0,e.Z)(“Call to agent api finished failed. The page action feature is not currently initialized.”)}addRelease(t,n){(0,e.Z)(“Call to agent api addRelease failed. The agent is not currently initialized.”)}}var n=i(3325),r=i(5763);const o=Object.values(n.D);function s(e){const t={};return o.forEach((n=>{t[n]=function(e,t){return!1!==(0,r.Mt)(t,””.concat(e,”.enabled”))}(n,e)})),t}var c=i(9144);var d=i(5546),u=i(385),l=i(8e3),f=i(5938),g=i(3960);class p extends f.W{constructor(e,t,n){let r=!(arguments.length>3&&void 0!==arguments[3])||arguments[3];super(e,t,n),this.auto=r,this.abortHandler,this.featAggregate,this.onAggregateImported,r&&(0,l.R)(e,n)}importAggregator(){let t=arguments.length>0&&void 0!==arguments[0]?arguments[0]:{};if(this.featAggregate||!this.auto)return;const n=u.il&&!0===(0,r.Mt)(this.agentIdentifier,”privacy.cookies_enabled”);let a;this.onAggregateImported=new Promise((e=>{a=e}));const o=async()=>{let r;try{if(n){const{setupAgentSession:e}=await Promise.all([i.e(860),i.e(242)]).then(i.bind(i,3228));r=e(this.agentIdentifier)}}catch(t){(0,e.Z)(“A problem occurred when starting up session manager. This page will not start or extend any session.”,t)}try{if(!this.shouldImportAgg(this.featureName,r))return(0,l.L)(this.agentIdentifier,this.featureName),void a(!1);const{lazyFeatureLoader:e}=await i.e(412).then(i.bind(i,8582)),{Aggregate:n}=await e(this.featureName,”aggregate”);this.featAggregate=new n(this.agentIdentifier,this.aggregator,t),a(!0)}catch(t){(0,e.Z)(“Downloading and initializing “.concat(this.featureName,” failed…”),t),this.abortHandler?.(),a(!1)}};u.il?(0,g.b)((()=>o()),!0):o()}shouldImportAgg(e,t){return e!==n.D.sessionReplay||!!r.Yu.MO&&(!1!==(0,r.Mt)(this.agentIdentifier,”session_trace.enabled”)&&(!!t?.isNew||!!t?.state.sessionReplay))}}var h=i(7633),v=i(7894);class m extends p{static featureName=h.t9;constructor(e,t){let i=!(arguments.length>2&&void 0!==arguments[2])||arguments[2];if(super(e,t,h.t9,i),(“undefined”==typeof PerformanceNavigationTiming||u.Tt)&&”undefined”!=typeof PerformanceTiming){const t=(0,r.OP)(e);t[h.Dz]=Math.max(Date.now()-t.offset,0),(0,g.K)((()=>t[h.qw]=Math.max((0,v.z)()-t[h.Dz],0))),(0,g.b)((()=>{const e=(0,v.z)();t[h.OJ]=Math.max(e-t[h.Dz],0),(0,d.p)(“timing”,[“load”,e],void 0,n.D.pageViewTiming,this.ee)}))}this.importAggregator()}}var b=i(1117),y=i(1284);class w extends b.w{constructor(e){super(e),this.aggregatedData={}}store(e,t,n,r,i){var a=this.getBucket(e,t,n,i);return a.metrics=function(e,t){t||(t={count:0});return t.count+=1,(0,y.D)(e,(function(e,n){t[e]=A(n,t[e])})),t}(r,a.metrics),a}merge(e,t,n,r,i){var a=this.getBucket(e,t,r,i);if(a.metrics){var o=a.metrics;o.count+=n.count,(0,y.D)(n,(function(e,t){if(“count”!==e){var r=o[e],i=n[e];i&&!i.c?o[e]=A(i.t,r):o[e]=function(e,t){if(!t)return e;t.c||(t=x(t.t));return t.min=Math.min(e.min,t.min),t.max=Math.max(e.max,t.max),t.t+=e.t,t.sos+=e.sos,t.c+=e.c,t}(i,o[e])}}))}else a.metrics=n}storeMetric(e,t,n,r){var i=this.getBucket(e,t,n);return i.stats=A(r,i.stats),i}getBucket(e,t,n,r){this.aggregatedData[e]||(this.aggregatedData[e]={});var i=this.aggregatedData[e][t];return i||(i=this.aggregatedData[e][t]={params:n||{}},r&&(i.custom=r)),i}get(e,t){return t?this.aggregatedData[e]&&this.aggregatedData[e][t]:this.aggregatedData[e]}take(e){for(var t={},n=””,r=!1,i=0;it.max&&(t.max=e),e2&&void 0!==arguments[2])||arguments[2];super(e,t,P.t,n),u.il&&((0,r.OP)(e).initHidden=Boolean(“hidden”===document.visibilityState),(0,k.N)((()=>(0,d.p)(“docHidden”,[(0,v.z)()],void 0,P.t,this.ee)),!0),(0,N.bP)(“pagehide”,(()=>(0,d.p)(“winPagehide”,[(0,v.z)()],void 0,P.t,this.ee))),this.importAggregator())}}var I=i(3081);class S extends p{static featureName=I.t9;constructor(e,t){let n=!(arguments.length>2&&void 0!==arguments[2])||arguments[2];super(e,t,I.t9,n),this.importAggregator()}}new class extends t{constructor(t){let n=arguments.length>1&&void 0!==arguments[1]?arguments[1]:(0,E.ky)(16);super(),u._A?(this.agentIdentifier=n,this.sharedAggregator=new w({agentIdentifier:this.agentIdentifier}),this.features={},this.desiredFeatures=new Set(t.features||[]),this.desiredFeatures.add(m),Object.assign(this,(0,c.j)(this.agentIdentifier,t,t.loaderType||”agent”)),this.start()):(0,e.Z)(“Failed to initial the agent. Could not determine the runtime environment.”)}get config(){return{info:(0,r.C5)(this.agentIdentifier),init:(0,r.P_)(this.agentIdentifier),loader_config:(0,r.DL)(this.agentIdentifier),runtime:(0,r.OP)(this.agentIdentifier)}}start(){const t=”features”;try{const r=s(this.agentIdentifier),i=[…this.desiredFeatures];i.sort(((e,t)=>n.p[e.featureName]-n.p[t.featureName])),i.forEach((t=>{if(r[t.featureName]||t.featureName===n.D.pageViewEvent){const i=function(e){switch(e){case n.D.ajax:return[n.D.jserrors];case n.D.sessionTrace:return[n.D.ajax,n.D.pageViewEvent];case n.D.sessionReplay:return[n.D.sessionTrace];case n.D.pageViewTiming:return[n.D.pageViewEvent];default:return[]}}(t.featureName);i.every((e=>r[e]))||(0,e.Z)(“”.concat(t.featureName,” is enabled but one or more dependent features has been disabled (“).concat((0,T.P)(i),”). This may cause unintended consequences or missing data…”)),this.features[t.featureName]=new t(this.agentIdentifier,this.sharedAggregator)}})),(0,_.Qy)(this.agentIdentifier,this.features,t)}catch(n){(0,e.Z)(“Failed to initialize all enabled instrument classes (agent aborted) -“,n);for(const e in this.features)this.features[e].abortHandler?.();const r=(0,_.fP)();return delete r.initializedAgents[this.agentIdentifier]?.api,delete r.initializedAgents[this.agentIdentifier]?.[t],delete this.sharedAggregator,r.ee?.abort(),delete r.ee?.get(this.agentIdentifier),!1}}addToTrace(t){(0,e.Z)(“Call to agent api addToTrace failed. The page action feature is not currently initialized.”)}setCurrentRouteName(t){(0,e.Z)(“Call to agent api setCurrentRouteName failed. The spa feature is not currently initialized.”)}interaction(){(0,e.Z)(“Call to agent api interaction failed. The spa feature is not currently initialized.”)}}({features:[m,C,S],loaderType:”lite”})})(),window.NRBA=a})();]]]]]]]]>]]]]]]>]]]]>]]> [] { if ([‘subscriber’, ‘prosubscriber’].includes(window.utag_data.user_type)) { return; } const delayParam = parseInt(window.localStorage.getItem(‘swg-call-delay’), 10); if (delayParam && (delayParam > Date.now())) { return; } // If GaaMetering is initiated, it would initiate the subscriptions behind the scene // https://github.com/subscriptions-project/swg-js/blob/main/src/utils/gaa.js if (!this.hasInitGaaMetering) { subscriptions.init(productID); this.getEntitlements(subscriptions, productID); } }); }, getEntitlements(subscriptions, productId) { subscriptions.getEntitlements() .then(window.__googleEA?.handleSwGEntitlement(productId)) .catch((err) => { console.error(`[SWG Entitlements Failed]: ${err}`); }); }, getHandleLoginPromise() { return new Promise(() => { window.GaaMetering?.getLoginPromise() .then(() => { const LOGIN_URL = { WSJ: ‘www.wsj.com/client/login’, BOL: ‘www.barrons.com/client/login’, FN: ‘www.dowjones.com/client/login’, MW: ‘www.marketwatch.com/client/login’, MG: ‘www.dowjones.com/client/login’ }; const prefix = envGoogleEA === ‘prod’ ? ” : ‘int.’; const baseUrl = LOGIN_URL[window.utag_data.page_site_product]; const loginUrl = `https://${prefix}${baseUrl}`; const targetUrl = new URL(window.location.href); targetUrl.searchParams.set(‘isGaa’, true); window.location.href = `${loginUrl}?target=${encodeURIComponent(targetUrl)}`; }); }); }, getRegisterUserPromise() { return new Promise(() => { window.GaaMetering?.getGaaUserPromise() .then((credential) => { window.__googleEA?._registerUser(credential); }); }); }, showPaywall() { const SHOP_URL = { prod: { WSJ: ‘https://subscribe.wsj.com?target=’, BOL: ‘https://subscribe.barrons.com?target=’, FN: ‘https://partner.fnlondon.com/p/1140300052/eligibility?mod=subscribe-google-ea&targetURL=’, MW: ‘https://subscribe.marketwatch.com?target=’ }, dev: { WSJ: ‘https://subscribe.wsj.com?target=’, BOL: ‘https://subscribe.barrons.com?target=’, FN: ‘https://partner.s.dev.fnlondon.com/p/p_fnlondon/eligibility/?mod=subscribe-google-ea&targetURL=’, MW: ‘https://subscribe.marketwatch.com?target=’ } }; const product = window.utag_data.page_site_product; const targetUrl = new URL(window.location.href); targetUrl.searchParams.set(‘isGaa’, true); window.location.href = `${(SHOP_URL[envGoogleEA] || SHOP_URL.dev)[product]}${encodeURIComponent(targetUrl)}`; }, handleSwGEntitlement(productId) { return (entitlements) => { if (!entitlements || !Array.isArray(entitlements.entitlements) || !entitlements.entitlements.length) { window.localStorage.setItem(‘swg-call-delay’, Date.now() + (60 * 60 * 1000)); return; } let subscriptionToken; for (const entitlement of entitlements.entitlements) { if ((entitlement.source === ‘google’) && (entitlement.products.includes(productId))) { subscriptionToken = entitlement.subscriptionToken; } } if (!subscriptionToken) { return; } const isCxdjExist = window.setInterval(() => { if (window.cxdj?.meta?.topDomain && window.cxdj?.displaySwgScrim) { window.cxdj.displaySwgScrim(); clearInterval(isCxdjExist); } }, 100); }; }, getAllowedReferrers() { const PRODUCT_DOMAIN = { WSJ: ‘wsj.com’, BOL: ‘barrons.com’, FN: ‘fnlondon.com’, MW: ‘marketwatch.com’, MG: ‘mansionglobal.com’ }; const LOGIN_URL = { WSJ: ‘accounts.wsj.com’, BOL: ‘accounts.barrons.com’, FN: ‘accounts.dowjones.com’, MW: ‘accounts.marketwatch.com’, MG: ‘accounts.dowjones.com’ }; const SHOP_URL = { prod: { WSJ: ‘subscribe.wsj.com’, BOL: ‘subscribe.barrons.com’, FN: ‘partner.fnlondon.com’, MW: ‘subscribe.marketwatch.com’ }, dev: { WSJ: ‘subscribe.wsj.com’, BOL: ‘subscribe.barrons.com’, FN: ‘partner.s.dev.fnlondon.com’, MW: ‘subscribe.marketwatch.com’ } }; const product = window.utag_data.page_site_product; const productHostNamePrefix = envGoogleEA === ‘prod’ ? ” : ‘s.dev.’; const productHostName = `www.${productHostNamePrefix}${PRODUCT_DOMAIN[product]}`; return [productHostName, LOGIN_URL[product], `${(SHOP_URL[envGoogleEA] || SHOP_URL.dev)[product]}`]; }, _registerUser(credential) { const PRODUCT_DOMAIN = { WSJ: ‘wsj’, BOL: ‘barrons’, FN: ‘fnlondon’, MW: ‘marketwatch’, MG: ‘mansionglobal’ }; const EDITION_ID = { WSJ: ‘WSJ-EN_US’, BOL: ‘BARRONS-EN_US’, FN: ‘EFN-EN_US’, MW: ‘MARKETWATCH-EN_US’, MG: ‘MG-EN_US’ }; const REGISTRATION_SOURCE = { WSJ: ‘WSJ’, BOL: ‘BARRONS’, FN: ‘EFN’, MW: ‘MARKETWATCH’, MG: ‘MG’ }; const LOGIN_URL = { WSJ: ‘accounts.wsj.com/auth’, BOL: ‘accounts.barrons.com/auth’, FN: ‘accounts.dowjones.com/auth/fn’, MW: ‘accounts.marketwatch.com/auth’ }; const pageSiteProduct = window.utag_data.page_site_product; const registerUrlPrefix = envGoogleEA === ‘prod’ ? ” : ‘s.dev.’; const registerBasedUrl = `https://register.${registerUrlPrefix}${PRODUCT_DOMAIN[pageSiteProduct]}.com`; const registerEndpoint = `${registerBasedUrl}/api/createSocialConnectUser`; const loginUrlPrefix = envGoogleEA === ‘prod’ ? ” : ‘int.’; const loginBaseUrl = LOGIN_URL[pageSiteProduct]; const loginUrl = `https://${loginUrlPrefix}${loginBaseUrl}/google-login`; const targetUrl = new URL(window.location.href); targetUrl.searchParams.set(‘isGaa’, true); fetch(registerEndpoint, { method: ‘POST’, body: JSON.stringify({ id_token: credential?.credential, displayContextId: ‘SOCIAL_CONNECT’, returnUrl: window.location.href.split(‘?’)[0], editionId: `${EDITION_ID[pageSiteProduct]}`, registrationSource: `${REGISTRATION_SOURCE[pageSiteProduct]}` }), headers: { ‘content-type’: ‘application/json’, } }) .then((response) => { if (!response.ok) { console.error(‘GoogleEA: Social Connect Invalid Status Code’); return; } return response.json(); }) .then((userState) => { if (!userState) { console.error(‘GoogleEA: Social Connect No Data’); return; } window.location.href = `${loginUrl}?target=${encodeURIComponent(targetUrl)}`; }) .catch((err) => { console.error(`GoogleEA: Social Connect Err: ${err}`); }); } }; })() ]]]]]]]]>]]]]]]>]]]]>]]>
Earnings Outlook
Published: Aug. 14, 2023 at 7:00 a.m. ET
‘Mixed bag’ of a report expected with focus on software sales, inventory drawdowns
Cisco reports fiscal fourth-quarter earnings after the bell Wednesday.
Getty Images
[]Cisco Systems Inc. investors get to see if the network equipment and software company is on track with its forecast return to seasonal order growth, boosted by software sales, while it draws down inventory.
[]Cisco CSCO, +0.17% is scheduled to report its fiscal fourth-quarter earnings Wednesday after the market close.
[]Raymond James analyst Simon Leopold, who has an outperform and a $64 target, said his channel checks support Cisco that forecast, and expects year-over-year growth likely in the second half of fiscal 2024.
[]“In addition to better orders, we are optimistic that an easing supply chain will enable Cisco to convert its outsized backlog, while [annual recurring revenue] growth should improve with attached software sales,” Leopold said. ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.
[]“Investor sentiment remains mixed with increased interest related to AI optimism as well as the improved 2nd derivative on orders vs. expectations for share loss and sales declines,” Leopold noted.
[]KeyBanc analyst Thomas Blakey, who has a sector weight rating on Cisco, expects in-line results from the company given that enterprise order have lagged lately, and said he’ll be looking for color on an issue that has plagued tech companies since last year: inventory drawdowns.
[]“In our view, management commentary on order rate improvement as well as additional color on backlog drawdown will be important to lookout for post peer reports highlighting increased drawdown and order rate softness from certain verticals,” Blakey said.
[]Citi Research Atif Malik on Friday opened a “positive catalyst watch” on Cisco, while viewing the stock as a “mixed bag,” expecting the company to outperform peers Arista Networks Inc. ANET, +1.82% and Juniper JNPR, +0.33% as “strong enterprise demand likely fuels upside” to the July ending quarter results.
[]“While we like its growing software and diversified sales mix, we see this as offset by market share challenges in switch/security end markets and lower relative cloud exposure,” Malik said. The analyst currently has a neutral rating on the stock.
[]Analysts surveyed by FactSet expect fourth-quarter earnings of $1.06 a share on revenue of $15.05 billion, a 14.9% gain from a year ago.
[]Of the 27 analysts who cover Cisco, 11 have buy-grade ratings, 15 have hold ratings, and one has a sell rating, along with an average target price of $55.84.
[]Year to date, Cisco shares are up 12.9%, compared with a 6.4% rise for the Dow Jones Industrial Average DJIA, of which Cisco is a component. Results compare to a 16.3% gain on the S&P 500 index SPX, and a 30.4% rally for the tech-heavy Nasdaq Composite COMP.
U.S. Steel stock soars nearly 40% after company rejects $7.3 billion Cleveland-Cliffs offer, new bid emerges
[]U.S. Steel’s stock jumped 37% Monday after the steelmaker rejected a $7.3 billion takeover bid from Cleveland-Cliffs that would have reshaped America’s steel industry.
[]Wallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area. Based in San Francisco, his current focus is on the more exciting world of semiconductors, videogames and cybersecurity, when he’s not churning out earnings coverage. Follow him on Twitter at: @wmwitkowski.
--> More stuff could go in this aside column
No Recent Tickers
[]Visit a quote page and your recently viewed tickers will be displayed here.
[]
[] No results found
{ // If Dianomi is disabled by user, add ‘generic’ style hiding anything // with a j-dianomi-content class. Allows for cleanup of things like headers // on bottom of home/section pages and borders on MoreHeadlines of quote page const css = ‘.j-dianomi-content { display: none !important; }’; const styleEl = document.createElement(‘style’); styleEl.type = ‘text/css’; styleEl.appendChild(document.createTextNode(css)); document.head.appendChild(styleEl); } const checkDianomiVendor = () => { if (typeof __ace !== ‘undefined’) { // To get Dianomi Vendor Id (or any vendor Id) do following from Console of Marketwatch.com // console.table(__ace(‘djcmp’, ‘getAllVendors’, [])) __ace(‘djcmp’, ‘customVendorIsEnabled’, [‘5fdc7a2fa2286360b24ef388’, (isVendorEnabled) => { if (isVendorEnabled) { loadDianomiScript(); } else { addDianomiDisabledStyles(); } }]); } } // Wait for CMP to finish loading before checking if Dianomi is disabled if (typeof __ace !== ‘undefined’) { __ace(‘djcmp’, ‘executeOnCmpReady’, [{ cb: checkDianomiVendor }]); } }()); ]]]]]]]]>]]]]]]>]]]]>]]>