Cisco Cuts 4,000 Jobs as AI Push Drives Strong Earnings Outlook
Cisco plans to cut 4,000 jobs as part of an AI-driven business transformation after reporting stronger-than-expected earnings and raising its outlook.
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Cisco plans to cut 4,000 jobs as part of an AI-driven business transformation after reporting stronger-than-expected earnings and raising its outlook.
Cisco shares climbed above their dot-com bubble high for the first time in 25 years, allowing investors who bought at the 2000 peak to finally break even.
Michael Burry warns Nvidia’s surge resembles Cisco’s dot-com bubble peak, citing risks of an 80%-style correction.