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via cnbc.comBusiness & Companies

Cisco stock jumps 5% on earnings and revenue beat

FROM THE WIRE · CNBC.COM

Cisco reported fiscal first-quarter earnings that topped estimates. The computer networking company is trying to become a bigger player in AI after missing out on the early years of the boom.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA quarterly result above estimates can lift the stock of a major networking company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cisco reported fiscal first-quarter earnings that topped estimates.
  2. 02The company is trying to become a bigger player in AI.
  3. 03Cisco missed out on the early years of the AI boom.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Cisco Systems, Inc.CSCOStock102.01 USDMarket closedtoday +1.24%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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