Cisco stock jumps 8% as AI‑networking orders boost outlook to $60.2B‑$61B
Cisco shares rose 8% in late trading on Wednesday after the company raised its fiscal‑2026 revenue outlook to between $60.2 billion and $61 billion, according to its Q3 earnings report, with executives saying the new range reflects stronger demand for AI‑ready networking systems. The company reported that its earlier forecast fell short by almost $1 [...]