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Cisco shares hit record on strong forecast, AI push with job cuts

Posted on May 14, 2026
By Business News Today
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1 min read

Cisco shares hit record on strong forecast, AI push with job cuts

The jump, if sustained, would mark the best day for the stock since a robust earnings ‌reports in ⁠May ⁠2002 sparked a furious rally in the aftermath of the dotcom crash.