Weekly Roundup: Cisco Soared, Ford Jumped, Intel Sunk
Today's biggest winners and losers in the stock market, a look at the notable movers for the week:On this episode of Stock Movers:- Cisco (CSCO) jumped by the most in more than 14 years after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market. Revenue will be $16.7 billion to $16.9 billion in the fiscal fourth quarter, which runs through July, the company said in a statement Wednesday. Analysts estimated sales of $15.8 billion, according to data compiled by Bloomberg.-Construction…
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