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StockWatch: Cisco Jumps by 5% on 2022 Outlook!

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Cisco shares rose by as much as 5% in extended trading as fiscal second-quarter earnings surpassed expectations.

Revenue increased by 6% YoY as the company predicted a ‘sunny outlook’ for 2022.

Shares of Nvidia slipped in late trading Wednesday despite reporting strong financial results for its latest quarter.

Nvidia reported $7.64bn in revenue, up 53% from a year ago.

Timestamps:

  • CSCO 01:45
  • NVDA 03:25

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