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 c
Dow Jones retakes 50,000 as Cisco and Nvidia lead tech stocks higher while AI spending keeps driving gains across US stock markets.
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% a
Cisco's stock keeps hitting new highs as AI orders surge.
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 infrastruc

AI Causes Another 4,000 Layoffs

10:53am, Thursday, 14'th May 2026
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.
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 an
HPE has exposure to both networking and servers, two persistent themes in the artificial-intelligence trade.
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-qu
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.
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 outloo
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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.

5 Things to Know Before the Stock Market Opens

09:21am, Thursday, 14'th May 2026
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 r
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 th
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