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Broadcom stock sinks. Are AI earnings expectations 'insatiable'?
Yahoo Finance Video62d agoneutralVIDEO
Broadcom stock sinks. Are AI earnings expectations 'insatiable'?

Broadcom (AVGO) stock sinks further in Thursday trading despite topping estimates for fiscal second quarter earnings and revenue, while also outpacing forecasts on third quarter guidance. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma in assessing Broadcom's post-earnings stock reaction compared to other AI players.

Morgan Stanley changes up Cisco stock price target after earnings
TheStreet81d agoneutral
Morgan Stanley changes up Cisco stock price target after earnings

There's a version of Cisco (CSCO) that Wall Street wrote off years ago — a legacy networking giant stuck in the slow lane while flashier AI names grabbed all the attention. That story is getting harder to tell lately. The 41-year-old multinational technology conglomerate headquartered in California ...

Six Firms Just Piled Into Cisco: Wall Street Rushes to Hike Price Targets After 20% Earnings Pop
24/7 Wall St.83d agoneutral
Six Firms Just Piled Into Cisco: Wall Street Rushes to Hike Price Targets After 20% Earnings Pop

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 Systems Q3 Earnings Call Highlights
MarketBeat83d agoneutral
Cisco Systems Q3 Earnings Call Highlights

Cisco Systems (NASDAQ:CSCO) reported record fiscal third-quarter revenue and raised its expectations for artificial intelligence infrastructure orders, as executives said demand accelerated across hyperscale, enterprise and public-sector customers. Chair and CEO Chuck Robbins said Cisco delivered “

Cisco Systems Reports Q3 2026 Results: Full Earnings Call Transcript
Benzinga83d agoneutral
Cisco Systems Reports Q3 2026 Results: Full Earnings Call Transcript

Cisco Systems (NASDAQ:CSCO) reported third-quarter financial results on Wednesday. The transcript from the company's third-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. View the webcast at https://events.q4inc.com/attendee/657245031 Watch the full earnings call below: Summary Cisco Systems reported record Q3 revenue of $15.8 billion, up

Cisco Shares Soar After Hours Following News of Job Cuts, Earnings
The Wall Street Journal83d agoneutral
Cisco Shares Soar After Hours Following News of Job Cuts, Earnings

16% That’s how much Cisco Systems’ shares were up recently in after-hours trading following the company’s Wednesday announcement that it was cutting jobs as part of shift toward high-growth parts of its business, including artificial-intelligence infrastructure.