Cisco Gains, Cerebras Declines, Virgin Galactic Falls
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Cisco Systems (CSCO) gave a sales projection for the current quarter that exceeded Wall Street’s expectations, a sign of success for the company’s efforts to supply a larger share of the AI data center market. The company attributed the strong sales to “broad-based, record high demand for Cisco technology” and expects AI momentum to remain strong. Cisco shares gained 1% to $125.19 in late trading, and the stock was up 61% this year through…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.