Business

Cisco's Earnings Beat Wall Street Expectations

Updated 2026-05-13 20:15 UTC 1 source Positive

Cisco reported earnings that exceeded market expectations, causing its stock to rise 11%. Analysts attribute the strong performance to the company’s AI strategy.

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CNBC
Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
2026-05-13 20:13 UTC
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