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Investing.com -- Cisco Systems CEO Chuck Robbins told CNBC on Thursday that surging demand for artificial intelligence tools and equipment is pushing the industry toward a "networking supercycle."
Networking technology giant Cisco (NASDAQ:CSCO) will be announcing earnings results this Wednesday after market hours. Here’s what you need to know.
Cisco Systems' (CSCO) expanded hyperscaler partnerships are paying dividends for the networking equi
Cisco chief Chuck Robbins spoke to CNBC as his company’s shares rallied on the back of plans to cut jobs and pour more money into artificial intelligence.
Cisco Systems (CSCO) delivered a fiscal Q3 beat driven by accelerating AI-related networking demand
Six major Wall Street firms hiked their price targets on Cisco Systems (NASDAQ:CSCO) on May 14, following a blowout fiscal Q3 2026 report that sent shares surging roughly 19% after the close. The coordinated wave of revisions reflects a clear thesis shift: Cisco’s accelerating hyperscaler order book has decisively answered the long-running bear case that ... Six Firms Just Piled Into Cisco: Wall Street Rushes to Hike Price Targets After 20% Earnings Pop
Cisco crushed estimates and raised guidance. The dot-com recovery is officially old news.
Cisco (NASDAQ: CSCO), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI. Cisco calls itself “The critical infrastructure for the AI era.” That is a way to drive a stock up without really saying much. Cisco’s results ... AI Causes Another 4,000 Layoffs
Cisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) reported fiscal third quarter 2026 results that topped Wall Street expectations on both revenue and earnings, driven by accelerating demand for AI infrastructure, sending shares up about 14% to about $116 on Thursday morning. The company posted...
This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
Cisco Systems (CSCO) stock has surged by double-digits since reporting fiscal third quarter results in Wednesday's extended hours, topping Wall Street expectations with revenue of $15.84 billion and adjusted earnings of $1.06 per share. This comes after the cloud operator laid off 4,000 workers as part of a new AI-focused restructuring. Hennion & Walsh CIO Kevin Mahn and Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma take a closer look at the AI demand propelling Cisco, the cloud operator's outlook, and its recent job cuts.
U.S. stocks continued their upswing as artificial intelligence remained investors’ primary focus.
Stocks opened higher after a pair of healthy economic reports, with the Dow getting a boost to 50,000 from Cisco’s strong earnings. The Dow was up 0.8%, to trade at 50,080.30. The picture for the U.S. economy is positive, with retail sales coming in healthy and jobless claims showing the labor market continues to hum.
The dot-com bubble began to burst in the spring of 2000, when presidential candidates George Bush and Al Gore emerged from their party conventions, the human genome project unveiled its first draft, and ‘American Beauty’ dominated the Oscars with five awards, including best picture. More than a quarter-century later, however, those same three stocks are leading an old-tech revival that has powered U.S. markets to a series of record highs, paced by an insatiable appetite for all things related to artificial intelligence. Investors are seeing few signs of a pullback like the one during the turn of the century crash that rocked tech markets for a decade.
Shares of Cisco Systems (NASDAQ:CSCO) are up roughly 17% in early Thursday trading, putting the stock near $119 after a close of $101.87 on May 13. The jump follows a fiscal third-quarter report that decisively reframed the AI networking competitive narrative. The move makes Cisco the clear single-day leader in networking infrastructure. By comparison, Hewlett ... Cisco Is Up 17% Today: Is It Outperforming Other Networking Stocks Like Hewlett Packard Enterprise and Arista Networks?
U. S. stock futures traded higher on Thursday, with the Nasdaq positioned for additional gains after the technology-heavy index closed at a fresh record high in the previous session.
News of the day for May 14, 2026
Cisco Systems stock jumps after issuing a better than expected outlook.
Cisco stock jumped on strong earnings and job cuts, while chip maker Cerebras Systems made its market debut with a $5.55 billion IPO
The networking giant raised its full-year AI infrastructure order forecast to $9 billion as it shifts investment toward silicon, optics, and security
Wall Street futures pointed modestly higher pre-bell Thursday as traders mulled clues from the Beiji
The dot-com bubble began to burst in the spring of 2000, when presidential candidates George Bush and Al Gore emerged from their party conventions, the human genome project unveiled its first draft, and ‘American Beauty’ dominated the Oscars with five awards, including best picture. More than a quarter-century later, however, those same three stocks are leading an old-tech revival that has powered U.S. markets to a series of record highs, paced by an insatiable appetite for all things related to artificial intelligence. Investors are seeing few signs of a pullback like the one during the turn of the century crash that rocked tech markets for a decade.
The networking giant maintained its payout as investors watch AI infrastructure growth.
(Updates headline and eighth paragraph with the latest layoff information.) Cisco Systems (CSCO)
Cisco Systems (NASDAQ:CSCO) announced a major restructuring initiative on Wednesday aimed at sharpening its focus on high-growth segments such as artificial intelligence, after reporting record third-quarter revenue results. The company said the overhaul will result in approximately $1 billion in charges related to severance payments and other restructuring expenses.
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