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via wsj.comBusiness & Companies

Cisco Systems raises outlook on soaring revenue and profit

FROM THE WIRE · WSJ.COM

The company posted a first-quarter profit of $4.55 billion, driven by high demand in the agentic artificial-intelligence market.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishRaising full-year guidance at a mega-cap tech company can move the stock and the networking sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cisco posted a first-quarter profit of $4.55 billion.
  2. 02The result was driven by high demand in the agentic artificial-intelligence market.
  3. 03The company raised its outlook for the full year.
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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