Cisco stock (CSCO) in focus after Davos AI remark — what to watch before Monday
Cisco shares closed up 0.35% at $74.59 Friday, trading between $73.71 and $75.07 on 13.1 million shares. President Jeetu Patel told Davos that AI cut some internal projects from 19 person-years to weeks. The company will launch its updated partner program Jan. 25. Investors await a Fed rate decision and major tech earnings next week.