Cisco stock rises on AI optimism

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Cisco Systems (CSCO) reported fiscal fourth-quarter results that beat analyst expectations. The stock initially fell on the report, but CEO Chuck Robbins' rosy comments on the company's AI efforts had shares rising in early trading. Yahoo Finance Live breaks down the headlines.

) reported fiscal fourth-quarter results that beat analyst expectations. The stock initially fell on the report, but CEO Chuck Robbins' rosy comments on the company's AI efforts had shares rising in early trading. Yahoo Finance Live breaks down the headlines.Our goal is to create a safe and engaging place for users to connect over interests and passions.

Futures for the industrials-heavy Dow Jones rose to session highs as Walmart raised its full-year forecasts and beat estimates for second-quarter sales, lifting the company's shares up as much as 3% before the bell.The U.S.

 

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