Cisco (CSCO) Stock: Jumps Premarket As Company Smashes Earnings

TLDR Cisco (CSCO) stock rose 7.22% in premarket trading after the company raised its annual revenue and profit forecasts The networking equipment maker secured $2 billion in AI-related orders for fiscal 2025, primarily from hyperscalers Cisco projects $3 billion in AI infrastructure revenue for fiscal 2026 The company increased fiscal 2026 revenue guidance to $60.2-$61 [...]

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