[BIG TECH]■ STORY TIMELINE
CISCO JUMPS 17% ON STRONG FORECAST, AI PIVOT
Cisco Systems delivered a better-than-expected sales forecast and announced significant job cuts as it pivots toward artificial intelligence. The stock surged as much as 17% in late trading.
Bloomberg Tech+0m
Cisco Systems Inc. gained as much as 17% in late trading after the company delivered a better-than-anticipated sales for…
Bloomberg Tech+20h 15m
Cisco Systems Inc. jumped by the most in more than 14 years after the company delivered a better-than-anticipated sales…
Bloomberg Tech+23h 58m
Applied Materials Inc., the largest US supplier of semiconductor equipment, gave sales and profit forecasts that far exc…