$CSCO

InfotechLead reports Cisco’s fiscal 2025 compensation disclosures. CEO Charles H. Robbins received $52.84 million, including $45.87 million in stock awards. Gary Steele earned $32.83 million, Jeetu Patel $25.69 million, R. Scott Herren $24.29 million, and Dev Stahlkopf $15.83 million. The article links pay to Cisco’s AI infrastructure push, including a raised $9 billion FY2026 AI infrastructure order target.

Investing.com compiles major AI-related analyst moves. Jefferies cut Apple to Underperform, citing canceled all-glass iPhone plans and lowered ASP and EPS estimates. KB Securities said Samsung and SK Hynix are undervalued. New Street upgraded Micron to Buy with a $1,250 target. HSBC cut Cisco to Hold. JPMorgan initiated Salesforce at Overweight with a $250 target.

Cisco (CSCO) shares fell about 9% after the company reported fourth-quarter fiscal 2026 results that beat Wall Street on revenue and profit. Cisco said revenue rose to $17.3B, up 18% year over year, and non-GAAP EPS was $1.22. It guided fiscal 2027 revenue to $72.2B-$73.4B. Shares closed at $113.25.

US stock index futures rose on Thursday as investors weighed upcoming inflation data and earnings. Dow Jones futures gained 0.3%, S&P 500 futures 0.2%, and Nasdaq-100 futures 0.1%. Cisco (CSCO) and Cerebras (CBRS) reported results, while Applied Materials (AMAT) is due. Producer Price Index inflation came in below expectations, supporting rate-hike bets.

Cisco reported record fiscal Q4 revenue of $17.3B, up 18%, and beat earnings, then guided fiscal 2027 above Wall Street after its results. Despite the beat, CSCO shares fell 8.4% on Aug. 13. Cisco cited a heavier hardware mix and memory costs for a 270 bps YoY drop in non-GAAP product gross margin, expecting a slight gross margin headwind in fiscal 2027.

Cisco forecast fiscal 2027 AI-related sales of about $7.5 billion, up from roughly $4 billion in fiscal 2026, according to the company. Cisco reported Q4 FY2026 revenue of $17.3 billion and said AI equipment orders were $4 billion in the quarter, lifting FY2026 AI orders to $9.3 billion. AI orders were split between its networking chips and fiber-optic gear.

Canadian TSX futures and U.S. stock futures rose ahead of U.S. inflation data. Canada’s TSX closed Tuesday at 36,458.33. Constellation Software reported higher Q2 net income, Franco-Nevada missed, and Air Canada restored its core profit target. Statistics Canada said building permits rebounded to C$14.9B. U.S. CPI expected to rise 0.1% headline, 0.2% core.

US stocks rose Thursday. The S&P 500 (^GSPC) hit a record high, up about 0.6%, and the Nasdaq Composite (^IXIC) gained about 0.8% after softer Producer Price Index data reduced September rate-hike odds. Cisco (CSCO) and Cerebras (CBRS) fell on earnings, while Applied Materials (AMAT) was set to report after a 190% prior-year gain.

Stocks rose after a favorable US PPI report. An Iranian military spokesperson said Iran controls Strait of Hormuz passage, responding to President Trump’s “total control” claim. Bloomberg Intelligence cited Q2 S&P 500 earnings growth near 32% and 85% of reported companies beating estimates. Rates markets shifted toward fewer hikes; 10-year yields fell. Notable movers included TSLA, META, CSCO, and MU.

Cerebras Systems (CBRS) and Cisco (CSCO) fell Thursday despite strong AI infrastructure results. Cerebras reported record $209.9M core revenue (+103% YoY), $25.4B remaining performance obligations, and raised guidance. Cisco posted $17.25B revenue (+18%) and $4B hyperscaler AI orders in Q4, with $7.5B hyperscaler AI revenue expected in FY2027. Shares dropped as investors focused on acceleration, margins, and execution.