Cisco was at the center of the internet boom, but has a much different role in today's artificial intelligence craze.
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Few companies were as hot in early 2000 as Cisco
, whose networking equipment served as the backbone of the internet boom.
On Wednesday, Cisco’s stock surpassed its dot-com peak for the first time. The shares rose almost 1% to $80.25, topping their prior split-adjusted record or $80.06 reached on March 27, 2000. That’s the same day that Cisco passed Microsoft
to become the most valuable publicly traded company in the world.
Today's Cisco looks little like the hardware-centric growth engine that briefly became the world's most valuable company at the…
Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing…
CSCO only just overtook its 2000 peak in February. Not many people realize this simply because it has taken so long to actually…
Der Router-Konzern Cisco war mal das wertvollste Unternehmen der Welt – bis die Dotcom-Blase platzte. Nach langem Schattendasein…
Cisco shares plunged 12% Thursday after the company issued lukewarm guidance as memory prices weigh on profit margins
Options traders might have found a new big-tech favorite ahead of this week's earnings.
