U.S. stock market indices opened higher across the board, while Cisco's stock price fell by 7.9%
2026-08-13 21:35:17
According to CoinMeta, based on early data from in, the three major U.S. stock indices opened higher, with the Dow Jones Index rising by 0.26%, the S&P 500 Index by 0.29%, and the Nasdaq Index by 0.12%. The stock price of Cisco Systems fell by 7.9%. The company reported revenue of $17.3 billion in its fourth fiscal quarter, which was above market expectations of $16.85 billion. In the fourth quarter, orders from hyperscale cloud service providers, represented by AI, reached $4 billion. Cisco expects adjusted earnings per share for the fiscal year 2027 to be between $5.05 and $5.11, while the market is forecasting $4.84.
Source:Internet
This content is for market information only and does not constitute investment advice.
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