Cisco Systems delivered good fiscal Q3 earnings, beating analyst consensus on both revenue and EPS by approximately 2%. CSCO shares surged 13% post-earnings, extending a 50% six-month rally that has vastly outpaced the broader market. AI infrastructure investment is a key growth tailwind for CSCO, supporting positive forward expectations.
Read full articleCisco Systems delivered good fiscal Q3 earnings, beating analyst consensus on both revenue and EPS by approximately 2%. CSCO shares surged 13% post-earnings, extending a 50% six-month rally that has vastly outpaced the broader market. AI infrastructure investment is a key growth tailwind for CSCO, supporting positive forward expectations.
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CSCO, AVGO, ADI and AMAT stand out as the S&P 500 tops 7,500 on AI optimism and a tech-led market rebound.
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Pre-Market Stock Futures: Futures are trading sharply lower as we get set to end one of the most exciting weeks on Wall Street in 25 years. Positive meetings in China with President Trump, who brought his CEO contingent and Elon Musk, and President Xi, massive upside earnings and forward guidance from an OG tech and... Here Are Friday's Top Wall Street Analyst Research Calls: Arista Networks, BWX Technologies, Cisco Systems, Danaher, Doximity, Estee Lauder, Illumina, Texas Roadhouse, Workday, and More
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On Wednesday, Cisco Systems announced impressive quarterly earnings alongside nearly 4,000 job cuts.
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The S&P 500 (^GSPC +0.77%) rose 0.78% to 7,502.04, the Nasdaq Composite (^IXIC +0.88%) gained 0.
88% to 26,635.22, and the Dow Jones Industrial Average (^DJI +0.75%) added 0.75% to 50,063.45, as the S&P 500 and Nasdaq notched record closes on AI-fueled strength.
AI-driven orders, record revenue, and a sweeping restructuring put this networking giant's next phase under scrutiny, today, May 14, 2026.
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The AI buildout continues to benefit many companies, with these three posting record results while also delivering bullish guidance thanks to the favorable trends.
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US stocks advanced on Thursday, with the Dow Jones Industrial Average reclaiming the 50,000 level and the S&P 500 closing at another record high as investors reacted to strong technology earnings, improving semiconductor sentiment, and developments from the summit between President Donald Trump and Chinese President Xi Jinping in Beijing. The Dow rose about 375 points, or 0.75%, to close near 50,068.
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Cisco beats Q3 FY26 estimates as networking and hyperscaler AI orders jump. It also raises FY26 outlook and unveils a restructuring plan.
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The U.S. stock market is rising toward more records Thursday after Cisco Systems joined the parade of U.S. companies reporting fatter profits for the start of 2026 than analysts expected.
Not only are its networking products enabling superior performance by reducing bottlenecks and latency, but its AI-native security is in demand by enterprises.
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Cisco CEO Chuck Robbins told CNBC on Thursday that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a "networking supercycle."
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Marley Kayden breaks down Cisco's (CSCO) earnings surge as the stock jumps on a strong networking revenue upbeat numbers. The company's sharpest rally since 2002 comes despite an announcement of job cuts.
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Dow Jones retakes 50,000 as Cisco and Nvidia lead tech stocks higher while AI spending keeps driving gains across US stock markets.
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Six major Wall Street firms hiked their price targets on Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) on May 14, following a blowout fiscal Q3 2026 report that sent shares surging roughly 19% after the close.
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Cisco's stock keeps hitting new highs as AI orders surge.
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Cisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) reported fiscal third quarter 2026 results that topped Wall Street expectations on both revenue and earnings, driven by accelerating demand for AI infrastructure, sending shares up about 14% to about $116 on Thursday morning. The company posted adjusted earnings per share of $1.06 for the quarter ended April 2026, compared with analyst expectations of $1.04.
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Cisco (NASDAQ: CSCO | CSCO Price Prediction), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI.
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Soaring AI demand is powering the industry toward a "networking supercycle," Cisco CEO Chuck Robbins told CNBC. Shares surged after the networking company surpassed its full-year order guidance and announced layoffs.
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HPE has exposure to both networking and servers, two persistent themes in the artificial-intelligence trade.
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Cisco Systems Inc (NASDAQ:CSCO) stock is 15.2% higher to trade at $117.39 this morning, after the tech behemoth reported upbeat fiscal third-quarter earnings and a better-than-expected current-quarter outlook.
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Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter.
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Cisco Chair and CEO Chuck Robbins joins 'Squawk on the Street' to discuss the company's quarterly earnings results, Silicon One strategy, the company's AI investment, restructuring plan, growth outlook, and more.
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Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
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Shares of Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) are up roughly 17% in early Thursday trading, putting the stock near $119 after a close of $101.87 on May 13.
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Stock futures are higher Thursday, putting the S&P 500 and Nasdaq on track for more record highs; President Trump and Chinese President Xi Jinping are through their first private meeting, where they reportedly discussed trade, Iran and Taiwan; Cisco shares are soaring in premarket trading after the networking equipment maker reported better-than-expected results and announced layoff plans to invest in AI; the market's appetite for new AI stocks will be tested today as AI chipmaker Cerebras is set to make its trading debut; and shares of Doximity are plunging after the medical networking platform missed profit and outlook estimates. Here's what you need to know today.
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Cisco Systems, Inc. (NASDAQ:CSCO) is increasingly making a pitch that sounds less like a traditional networking company and more like an AI infrastructure heavyweight arguing that the next phase of the AI race will be won by companies that control their own silicon.
Read full articleThe S&P 500 (SPX) is moving toward yet another new all-time high ahead of Thursday's opening bell. Kevin Green points out that the rally is thin, however, helped in part by Nvidia (NVDA) tapping new records as CEO Jensen Huang and other Big Tech executives talk to Chinese officials with President Trump.
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Here are five key things investors need to know to start the trading day.
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Old tech stalwarts are hitting new highs. Is it time to rethink the rally?
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Cisco (NASDAQ: CSCO) posted strong quarterly results on May 13, reporting a 12% year-over-year increase in revenue that is currently pushing the stock up nearly 20% in pre-market trading.
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Cisco Systems (CSCO, Financials) declared a quarterly dividend of 42 cents per share, keeping its payout steady for a second straight quarter.The dividend is pa
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Cisco Systems shares jumped 19% in premarket trading on Thursday, a day after it outlined nearly 4,000 job cuts and raised revenue forecast on strong hyperscaler demand, boosting investor confidence in its AI infrastructure push.
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The company's AI orders are surging, and there's more to come.
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Cisco's (NASDAQ: CSCO) latest quarter gave investors a clean headline: better-than-expected results, a higher forecast, and a much bigger AI opportunity than the market had been modeling. The stock responded the way bulls hoped, jumping more than 16% in extended trading after Cisco reported third-quarter revenue of $15.8 billion, up 12% from a year earlier, and raised its full-year revenue outlook to $62.8 billion to $63 billion.
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Cisco CEO Chuck Robbins told CNBC on Thursday that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a "networking supercycle."
Read full article
Marley Kayden breaks down Cisco's (CSCO) earnings surge as the stock jumps on a strong networking revenue upbeat numbers. The company's sharpest rally since 2002 comes despite an announcement of job cuts.
Read full article
Dow Jones retakes 50,000 as Cisco and Nvidia lead tech stocks higher while AI spending keeps driving gains across US stock markets.
Read full article
Six major Wall Street firms hiked their price targets on Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) on May 14, following a blowout fiscal Q3 2026 report that sent shares surging roughly 19% after the close.
Read full article
Cisco's stock keeps hitting new highs as AI orders surge.
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Cisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) reported fiscal third quarter 2026 results that topped Wall Street expectations on both revenue and earnings, driven by accelerating demand for AI infrastructure, sending shares up about 14% to about $116 on Thursday morning. The company posted adjusted earnings per share of $1.06 for the quarter ended April 2026, compared with analyst expectations of $1.04.
Read full article
Cisco (NASDAQ: CSCO | CSCO Price Prediction), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI.
Read full article
Soaring AI demand is powering the industry toward a "networking supercycle," Cisco CEO Chuck Robbins told CNBC. Shares surged after the networking company surpassed its full-year order guidance and announced layoffs.
Read full article
HPE has exposure to both networking and servers, two persistent themes in the artificial-intelligence trade.
Read full article
Cisco Systems Inc (NASDAQ:CSCO) stock is 15.2% higher to trade at $117.39 this morning, after the tech behemoth reported upbeat fiscal third-quarter earnings and a better-than-expected current-quarter outlook.
Read full article