CSCO
NASDAQ NMS - GLOBAL MARKET · Communications
Cisco Systems Inc
$118.21
+2.68 (+2.32%)
CSCO News30 articles
Cisco Hits Record High on AI Demand, Job Cuts Loom
Cisco shares hit an all-time high after boosting its AI revenue outlook and delivering better-than-expected results, while announcing job cuts to fund the transition.
Nokia Stock Retreats After AI Rally: Key Details for Investors
Nokia's US-listed shares dropped about 5% Friday, pulling back from an AI-driven rally. The company reported a 54% rise in Q1 operating profit and named a new mobile infrastructure president.
Dow Reclaims 50,000 as AI Rally Hits Yield Headwinds
U.S. stock futures fell Friday after the Dow reclaimed 50,000, as rising Treasury yields and oil prices tempered AI-driven gains. Cisco surged on earnings, with Nvidia and key retailers on deck.
AI Orders, China Policy, and Drug Data Drive Friday's Market Action
Cisco cuts nearly 4,000 jobs and raises revenue forecast on $5.3B in AI orders. Nvidia shares sensitive to China policy as H200 shipments approved but not delivered. Cerebras IPO debuts at $350. Boeing falls on lower China jet pledge. Biogen advances Alzheimer's drug despite mixed trial.
Dow Hits 50,000 as AI Rally Fuels Record Highs; Cisco Soars
The Dow closed above 50,000 for the first time, up 370 points, as AI stocks led a broad rally. Cisco and Nvidia surged, while Cerebras Systems soared in its market debut.
Nvidia Shares Jump on China Chip Approval, Shipments Yet to Begin
Nvidia shares surged 4.4% to a record after US officials approved sales of H200 AI chips to about 10 Chinese companies, though no shipments have started yet.
Dow Closes Above 50,000 as AI Rally Lifts S&P 500 and Nasdaq to New Highs
The Dow Jones reclaimed 50,000, while the S&P 500 and Nasdaq hit new records, driven by Cisco's AI infrastructure outlook and strong gains in Nvidia and Cerebras Systems.
Dow Jones Closes Above 50,000 as Cisco's AI Strategy Boosts Tech
The Dow Jones Industrial Average closed above 50,000 on Thursday, driven by Cisco's AI-related job cuts and raised guidance. Tech shares surged, but inflation and oil risks limited Fed rate cut expectations.
Cisco Surge Drives Dow Toward 50,000 as AI Stocks Rally
The Dow Jones Industrial Average climbed 198 points to 49,891, nearing 50,000, as Cisco surged 17% on AI demand and a revenue forecast hike. The S&P 500 and Nasdaq hit intraday records, boosted by Nvidia and other AI stocks.
Wall Street Hits New Highs as AI Optimism Overrides Inflation Data
The S&P 500 and Nasdaq hit new intraday highs on Thursday, led by Nvidia and Cisco, despite April retail sales rising 0.5% and jobless claims increasing to 211,000.
Cisco Stock Soars on AI Orders, Restructuring Plan
Cisco shares jumped as much as 22% in premarket trading after the company raised its sales forecast and announced a restructuring focused on AI, with $5.3 billion in AI orders from hyperscalers.
Cisco's AI Surge Propels Futures Higher as Wall Street Eyes Inflation Data
U.S. stock futures rose early Thursday as Cisco's 19% premarket surge on AI demand and job cuts lifted tech stocks. Markets await April retail sales and jobless claims data.
Nokia Stock Soars on Cisco’s AI Infrastructure Orders and New Product Launch
Nokia shares jumped 10% in Helsinki after Cisco reported $5.3 billion in AI orders, fueling demand for network equipment. The company also launched AI tools and appointed a new mobile infrastructure president.
Cisco's AI Surge Lifts Nasdaq to Record, But Inflation Pressures Fester
Cisco Systems surged 20% after hours after boosting its AI order goal to $9 billion, helping the Nasdaq close at a record. But a hotter-than-expected PPI report keeps the Fed on hold.
Retail Sales, Fed Stance, and Trump-Xi Trade Talks: A Triple Test for Wall Street
April retail sales data, the Fed's rate path, and the Trump-Xi summit in Beijing will test Wall Street's record highs. Investors weigh inflation risks and consumer strength.
Cisco Rallies 14% After Hours on AI-Driven Revenue Upgrade and Workforce Reduction
Cisco (CSCO) surged 14% in after-hours trading after raising its annual revenue forecast to $63 billion and announcing 4,000 job cuts, fueled by $5.3 billion in AI infrastructure orders.
Dow Dips 90 Points as AI Rally Lifts Nasdaq, S&P 500
The Dow slipped 90 points on Wednesday as AI and chip stocks drove the Nasdaq and S&P 500 higher. Hot producer prices and Kevin Warsh's Fed confirmation weighed on rate-cut expectations.
Nokia Taps Siemens Executive to Lead Mobile Unit as AI Drives Rally
Nokia Oyj hires Siemens executive Emma Falck to head Mobile Infrastructure as Q1 profit surges 54% and AI/cloud sales jump 49%, lifting shares 5.5%.
Nasdaq Futures Recover on Tech Buying Despite Hot CPI Data
Nasdaq 100 futures rebounded 0.82% premarket as chip stocks rallied on China visit hopes, but April CPI rose 0.6% month-over-month, keeping the Fed's tightening bias intact.
Cisco Stock Nears Record as AI Orders Face Earnings Test
Cisco shares rose 2.23% to $98.72 as traders bet on strong AI orders and an earnings beat, with options implying a 5.8% swing. Polymarket contracts show 94% odds of beating EPS estimates.
Wall Street Hits New Peaks as Oil Surge Tests Rally
The S&P 500 and Nasdaq closed at fresh records Monday, driven by chipmakers and energy, as oil's jump on stalled US-Iran talks and looming CPI data test the rally's strength.
Wall Street's Record Rally Faces Key Inflation Test This Week
The S&P 500 and Nasdaq closed at all-time highs Friday, with investors now focused on April inflation data, Cisco earnings, and US-China trade talks this week.
S&P 500 and Nasdaq Hit Fresh Highs as AI Stocks Power Through Oil Shock
The S&P 500 and Nasdaq set new records Friday, powered by AI stocks and a stronger April jobs report. Nvidia gained 1.8%, while Micron and Sandisk surged over 15%.
Cisco Shares Surge Ahead of Q3 Report as AI Orders Fuel Optimism
Cisco shares jumped 4.79% to $96.57 ahead of its fiscal Q3 earnings, with Wall Street eyeing $1.04 EPS and $15.56B revenue. AI orders remain a key focus despite margin pressures.
S&P 500 and Nasdaq Close at Record Peaks on AI Surge and Strong Jobs Data
The S&P 500 and Nasdaq closed at record highs Friday, fueled by strong AI demand and better-than-expected April jobs data, while after-hours action was muted.
Cisco Shares Rally Ahead of Key Q3 Earnings as AI Revenue Conversion Takes Center Stage
Cisco shares jumped 4.7% to $96.52 ahead of its fiscal Q3 earnings on May 13, with analysts eyeing AI order conversion and margin performance.
Wall Street Hits New Highs on Tech Surge; Dow Flat Despite Jobs Data
The S&P 500 and Nasdaq hit record highs Friday, driven by AI and semiconductor stocks, while the Dow Jones barely budged after a solid jobs report.
Dow Steady as Strong Jobs Data Dims Rate Cut Hopes, Tech Surges
The Dow Jones slipped 0.03% on Friday as strong April jobs data reduced hopes for a Federal Reserve rate cut, while tech stocks like Nvidia and Apple surged over 2%.
CrowdStrike Shares Rally 8% on AI Cybersecurity Optimism Amid Insider Sale
CrowdStrike shares jumped 8% as AI cybersecurity names rebounded, with CEO George Kurtz selling 5,000 shares under a pre-set plan. Q1 fiscal 2027 earnings are set for June 3.
Fortinet Surges on AI-Driven Security Demand and Upbeat Outlook
Fortinet (FTNT) shares surged up to 24% after hours following a Q1 earnings beat and raised full-year outlook, fueled by robust demand for AI-driven security solutions.