[BIG TECH]■ STORY TIMELINE
CISCO JUMPS 17% ON STRONG FORECAST, AI PIVOT
Cisco Systems delivered a better-than-expected sales forecast and announced significant job cuts as it pivots toward artificial intelligence. The stock surged as much as 17% in late trading.
Bloomberg Tech+0m
Cisco Systems Inc. gained as much as 17% in late trading after the company delivered a better-than-anticipated sales for…