Cisco Falls, AppLovin Dips, Equinix Rallies
On this episode of Stock Movers: - Cisco (CSCO) shares fall after the company gave a weaker-than-expected forecast for profitability in the current quarter, spurring concerns that mounting memory-chip prices are taking a toll on the company. - AppLovin (APP) shares are down after the mobile-app marketing company reported its fourth-quarter results and gave an outlook. While both were above consensus expectations on key metrics, they may not be strong enough to assuage recent concerns over AI-related disruption. - Equinix (EQIX) shares rally after the data center operator’s 2026 revenue…
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