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The Nexus
BUSINESSMay 13 · 20:13 UTCCNBC TOP

Cisco's stock pops 11% on earnings beat, strong guidance

Cisco's stock increased by 11% due to strong earnings and guidance, with its AI story resonating with Wall Street, leading to a record high in late last year and a continued rally in 2026. The company's performance has been impressive, leading to a positive response from investors. Cisco's strong guidance suggests a promising future for the company.

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