CSCO
NASDAQ NMS - GLOBAL MARKET · Communications
Cisco Systems Inc
$117.46
-0.24 (-0.20%)
CSCO News30 articles
Dow Closes Above 52,000 as Alphabet Debut Boosts Tech Weight
The Dow Jones Industrial Average closed above 52,000 for the first time, as Alphabet's entry into the index boosted tech exposure. The blue-chip index gained 326.51 points, or 0.63%.
Cisco's Heavy Trading Volume Drives 90% of Weekly Drop Ahead of Holiday
Cisco dropped 4.37% to $113.77 on Friday, erasing $21 billion in market value on volume 2.3 times the average, as the stock tracked AI-linked peers despite strong Q3 results and raised AI order targets.
Cisco Shares Slide 4.4% as AI Rally Retreats, Dow Takes Hit
Cisco shares tumbled 4.37% to $113.77 on Friday, with volume surging to over double the average, as the AI-networking rally faded. The drop erased 32 Dow points and left the stock 12.7% below its 52-week high.
Cisco Shares Slide 4.5% as FTSE Russell Rebalancing Weighs, KeyBanc Lifts Target
Cisco shares dropped 4.5% on Friday amid FTSE Russell's reconstitution, wiping out $21 billion in market value. KeyBanc raised its price target to $130, but AI revenue remains a small portion of total sales.
Cisco Shares Dip Below June Peak as AI Infrastructure Demand Faces Margin Scrutiny
Cisco shares ended the pre-Juneteenth session at $119.54, down 1.3% for the week, as the market assesses whether robust AI infrastructure orders can offset margin headwinds.
Accenture's Slashed Outlook Sinks IT Services Stocks
Accenture shares plunged 18% after cutting its fiscal 2026 sales growth outlook to 3-4%, triggering broad declines in IT services stocks and raising concerns over AI-driven growth.
Cisco Bounces Back on AI Infrastructure Optimism Ahead of Juneteenth Holiday
Cisco shares climbed 1.88% to $119.54, snapping a four-day losing streak, driven by AI infrastructure optimism ahead of the Juneteenth market holiday.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Nvidia's $25B Bond Sale Triggers Stock Dip Amid AI Spending Concerns
Nvidia shares dropped 2.37% to $207.41 after the company upsized its first bond sale in five years to $25 billion, amid $85 billion in demand, shifting focus from AI growth to funding needs.
OpenAI CEO Cancels Abu Dhabi Visit Amid IPO Filing and Geopolitical Tensions
OpenAI CEO Sam Altman canceled a planned trip to Abu Dhabi, raising questions about the company's Stargate infrastructure plans in the UAE as it pursues a $1 trillion IPO valuation.
Cisco's AI Hopes Tested as Valuation Concerns Weigh on Shares
Cisco shares fell 0.6% Friday as Wall Street weighs strong AI demand against valuation and margin risks ahead of Q4 earnings.
Nasdaq Drops 1.2% as Tech Selloff Widens; Dow Flat
Tech stocks plunged, dragging the Nasdaq down 1.21% as investors sold AI and chip shares ahead of key inflation data and after President Trump called for a response to Iran.
Wall Street Slips as Robust Jobs Data Fuels Rate Hike Bets
The Dow fell 0.21% as a strong May jobs report lifted Treasury yields and boosted the probability of a Fed rate hike before year-end to 98%, pressuring stocks.
White House Mandates 30-Day Federal Review for Advanced AI Systems
President Trump's executive order mandates a voluntary 30-day federal cybersecurity review for advanced AI models from OpenAI, Google, and Anthropic before wider release, potentially delaying product launches.
Dow Edges Higher as AI Optimism Offsets Inflation Jitters
The Dow Jones gained 149 points on Tuesday, propelled by AI enthusiasm that outweighed inflation and rate worries. Investors now look to Friday's payrolls for direction.
Cisco Surges 5% on AI Security Platform and Raised Orders Target
Cisco shares surged over 5% on Tuesday after the company launched Cloud Control, an AI-driven IT security platform, and raised its fiscal 2026 AI order target to $9 billion.
Arista Networks Soars on AI Infrastructure Demand, Nears Record High
Arista Networks surged 7.65%, adding $15 billion in market cap, as investors bet on AI networking. Q1 revenue jumped 35.1% to $2.709 billion.
AI Infrastructure Orders Boost Cisco's Outlook, Stock Nears Highs
Cisco closed near $120 after a strong Q3 earnings report, with AI infrastructure orders surging and full-year guidance raised to $9 billion.
Cisco Hits All-Time High as AI Order Forecast Lifts Sentiment
Cisco shares closed at a record $120.42 on Friday after the company boosted its 2026 AI infrastructure order forecast to $9 billion. The stock's rally sets the stage for next week's Cisco Live event and U.S. jobs data.
Tech Stocks Propel S&P 500 and Nasdaq Higher; Dow Slips on Energy and Healthcare Weakness
The Dow slipped 0.26% on Tuesday as UnitedHealth and Chevron weighed, while the S&P 500 and Nasdaq rallied on tech and AI stocks. Oil prices climbed amid geopolitical concerns.
AI Infrastructure Stocks Diverge: Super Micro, Alphabet, and Nebius Show Varied Prospects
AI infrastructure stocks are diverging as Super Micro Computer (SMCI) outperforms Nebius (NBIS) in near-term appeal, while Alphabet (GOOGL) is seen as a safer long-term bet. Teradyne (TER) and Cisco (CSCO) also benefit from AI-driven demand.
HPE Shares Surge 10.6% as Elliott Stake and AI Networking Drive Gains
Hewlett Packard Enterprise (HPE) shares jumped 10.6% on Friday, closing at $37.58, as activist investor Elliott boosted its stake and the company's networking business surged 151.5%.
Accenture Stock Rebounds Amid AI Adoption Hurdles
Accenture shares closed at $179.24, up 6.17% for the week, but remain down 32.23% in 2026. AI-driven growth faces budget and adoption challenges.
Dow Hits New Intraday Record as Peace Hopes Lift Sentiment
The Dow Jones Industrial Average reached a new intraday high, buoyed by peace hopes and tech earnings.
Dow Jones Hits New Record as U.S.-Iran Talks and AI Rally Boost Markets
The Dow Jones Industrial Average hit a record intraday high of 50,712.24 on Friday, closing up 0.66% at 50,616.45, driven by U.S.-Iran peace talks, strong earnings, and AI stock gains.
Nokia Shares Dip Despite AI Networking Lab Launch in California
Nokia shares slipped 0.7% to 11.650 euros in Helsinki on Thursday, underperforming the broader market, after the company launched an AI Networking Innovation Lab in Sunnyvale, California.
Cisco's AI Surge Lifts Nokia; Earnings Test Looms
Nokia shares rose 1.2% after Cisco's $5.3B AI orders boosted networking stocks. Nokia's Q1 AI/cloud sales jumped 49%, but high valuation and competition keep the bar high.
Cisco Hits All-Time High as AI Orders Surge, Job Cuts Announced
Cisco shares closed at $118.21 after a 22% weekly gain, fueled by strong earnings and a raised AI revenue outlook to $9 billion. The stock jumped 17% on Thursday.
Nokia Stock Set to Test AI Rally Momentum as Markets Reopen Monday
Nokia shares closed at 11.905 euros on Friday, up 8.8% from May 8, as AI and cloud sales surged 49%. The stock faces a key test Monday with the average analyst target below the current price.
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.