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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.

Futures rose with Cisco soaring on earnings, while fellow Dow stocks Nvidia and Boeing could be Trump-Xi summit winners.

US equity futures were rising pre-bell Thursday as technology stocks drove new record highs for the

News of the day for May 14, 2026

US equity futures were higher pre-bell Thursday as technology stocks drove new record highs for the

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.

US equity markets were tracking in the green before the opening bell Thursday as President Donald Tr

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.

May 14 (Reuters) - Futures tracking the S&P 500 and the Nasdaq rose to record highs on Thursday as Nvidia's shares jumped, while investors watched developments around the high-stakes U.S.-China summit

Cisco shares rise after the dot-com darling shows off its AI credentials, while Micron declines following the memory-chip maker’s stellar rally.

↗️ Cisco Systems (CSCO): The tech conglomerate is cutting jobs so that it can pour more resources into silicon, optics, security and AI. Shares soared 18% premarket. 🔎 Cerebras Systems (CBRS): The chipmaker will start trading today after raising $5.

U. S. equity futures moved higher on Thursday as investors balanced renewed enthusiasm for artificial intelligence against geopolitical uncertainty surrounding the summit between Donald Trump and Xi Jinping.

Investing.com -- Nokia shares jumped more than 7% on Thursday after Cisco reported quarterly results and issued guidance that topped Wall Street expectations, lifting sentiment across the broader networking sector.

Shares in Cisco Systems (CSCO) surged premarket after the company laid out plans to cut thousands of jobs to free up cash for artificial intelligence. In announcing it plans to shed about 5% of its workforce just this quarter, Cisco joins a number of companies making drastic cuts to adapt to the AI era—most recently GitLab (GTLB), which made headlines earlier this week when it outlined plans to shrink its footprint and headcount, scrap layers of management and use AI to automate certain functions. Cisco shares are up about 18% ahead of the opening bell.

The job cuts were revealed alongside Cisco’s Q3 FY26 results, showing a 12% year-on-year revenue increase to $15.8bn.

(Updates with the latest stock price movement in the headline and the first paragraph.) Cisco Sys

Futures for the main U.S. indexes were building on gains from the previous session as the tech stock rally continues.

View more earnings on CSCO With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Dillard’s Inc. (NYSE:DDS) to report quarterly earnings at $10.37 per share on revenue of $1.55 billion before the opening bell, according to data from Benzinga Pro. Dillard’s shares fell 0.4% to close at $532.92 on Wednesday. Cisco Systems Inc. (NASDAQ:CSCO) reported better-than-expected third-quarter financial resul

Cisco Systems (NASDAQ:CSCO) is cutting nearly 4,000 jobs as part of a sweeping restructuring effort designed to accelerate its push into artificial intelligence, security, silicon and networking infrastructure. Cisco Restructuring Focuses On AI, Security And Silicon On Wednesday, the networking giant announced the workforce reduction, framing the move as a strategic repositioning rather than a traditional cost-cutting initiative. Cisco said growing demand from hyperscale cloud customers and AI-r