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via finance.yahoo.comMarkets

3 signs AI stocks may be a great trade again

FROM THE WIRE · FINANCE.YAHOO.COM

Many AI stock bulls may be mourning the loss of Jensen Huang as the CEO of Nvidia (NVDA), but they shouldn't sulk for too long. The AI trade may be back, for now, after an early fall slumber. Here are several under-the-radar moves in the AI sector this week that investors may…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishCisco beat estimates and raised its AI infrastructure sales outlook, a sign that AI demand is still solid.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cisco beat estimates on both revenue and earnings for the latest quarter.
  2. 02Guidance for the current quarter was above analyst estimates.
  3. 03Cisco expects AI infrastructure sales from hyperscalers of $9 billion this fiscal year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock166.19 USDMarket closedtoday -4.34%Positive 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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