Business & Economy · 1 views

Cisco's stock pops 17% on surging AI orders, as company says it's cutting almost 4,000 jobs

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

Source CNBC AI Summary Updated May 13, 2026

Story intelligence Beta

Freshness Stale Updated May 13, 2026

Confidence Limited Single-outlet story

Coverage Single outlet

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Read time 1 min ~25 words

AI Summary

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

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