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US Open: Cisco Systems slides 10% after earnings 📉 Mixed sentiments on Wall Street
Cisco Systems (CSCO.US) shares dropped 10% following its Q2 FY2026 earnings report, despite strong growth in revenue and EPS and significant AI infrastructure orders. Investors were reportedly disappointed by the company’s forward guidance and broader macroeconomic concerns, leading to mixed sentiments on Wall Street. The report highlighted a surge in networking orders and AI infrastructure demand, but concerns remain about the durability of hyperscaler demand and potential trade policy impacts.