Cisco shares rallied after the company beat April-quarter Wall Street estimates and raised its 2026 guidance, citing strength in AI orders. The update signals improving demand and better earnings visibility for the networking gear maker. The stock's move suggests investors are rewarding both the earnings beat and the stronger outlook.
Cisco shares rallied after the company beat April-quarter Wall Street estimates and raised its 2026 guidance, citing strength in AI orders. The update signals improving demand and better earnings visibility for the networking gear maker. The stock's move suggests investors are rewarding both the earnings beat and the stronger outlook.
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strongly positive
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0.72
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