Today: 9 April 2026
Cisco stock shrugs off tech rout, with Olympics networking deal and Feb. 11 earnings in focus
6 February 2026
1 min read

Cisco stock shrugs off tech rout, with Olympics networking deal and Feb. 11 earnings in focus

New York, Feb 5, 2026, 21:18 (ET) — Market closed.

  • Cisco shares gained on Thursday, bucking the broader U.S. market decline.
  • NBC Sports has chosen Cisco to provide networking technology for its coverage of the Milan-Cortina Winter Games kicking off this week.
  • All eyes are on Cisco’s Feb. 11 earnings, where investors hope to gauge demand and future guidance.

Shares of Cisco Systems Inc. (NASDAQ: CSCO) climbed 1.5%, ending Thursday at $82.36.

Cisco bucked the downtrend in a tough day for U.S. stocks, closing just 2% shy of the 52-week high it hit the previous session. MarketWatch

Why it matters now: Cisco plans to release its fiscal second-quarter results after the market closes on Wednesday, Feb. 11. A conference call will follow at 4:30 p.m. ET. investor.cisco.com

The broader market grew volatile on big-tech spending news. Wall Street took a sharp hit Thursday as investors questioned if the heavy AI bets will pay off. Alphabet’s announcement of up to $185 billion in capital expenditures through 2026 raised concerns, Reuters reported. Reuters

Cisco has fresh news ahead of next week’s earnings. NBC Sports picked Cisco to supply “AI networking technology” for its all-IP production of the 2026 Milan Cortina Winter Olympics and Paralympics, scheduled for Feb. 6–22 and March 6–15. Cisco Newsroom

Cisco President and Chief Product Officer Jeetu Patel said NBC Sports can “scale” its all‑IP production by “integrating more AI into the workflow than ever before,” according to the NBC Sports announcement. NBC Sports

NBCUniversal’s network engineering lead, Cliff Ryan, revealed the broadcaster has ramped up its WAN to handle increased traffic and is leveraging Cisco’s network automation tools. The rollout also introduces VXLAN — a method to extend networks across locations — into the Olympics production setup, according to a guest column on SiliconANGLE.

The run-up leaves almost no margin for mistakes. Even a cautious note on orders or guidance, or hints that customers are delaying refresh cycles, could unsettle a stock trading close to recent highs.

Feb. 11 brings Cisco’s earnings after the market closes. The day also features crucial U.S. labor data: January’s Employment Situation report, out at 8:30 a.m. ET. bls.gov

Stock Market Today

  • iShares AGG and CRCD ETFs See Significant Outflows
    April 9, 2026, 11:26 AM EDT. The iShares Core U.S. Aggregate Bond ETF (AGG) experienced a substantial outflow with 23.6 million units destroyed, a 1.7% drop week over week. Meanwhile, the CRCD ETF recorded the largest percentage decline, shedding 1.09 million units, a 39.4% fall compared to the previous week. These shifts highlight notable investor moves within the ETF market, reflecting changing preferences or risk assessments.

Latest article

ServiceNow Stock Hits Fresh 52-Week Low as Analysts Cut Targets Ahead of Earnings

ServiceNow Stock Hits Fresh 52-Week Low as Analysts Cut Targets Ahead of Earnings

9 April 2026
ServiceNow shares dropped 5.1% to $92.45 by 10:20 a.m. EDT Thursday, hitting a new 52-week low after analysts at Stifel, BTIG, and Goldman Sachs cut price targets citing weak federal spending and limited 2026 growth. The company announced it will integrate AI, data, security, and governance into all products ahead of first-quarter results due April 22.
SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

9 April 2026
SoFi Technologies shares fell 1.9% to $16.18 Thursday after KBW and Wells Fargo cut price targets ahead of first-quarter results due April 29. The moves follow Muddy Waters’ short position and claims of accounting issues, which SoFi denies. Affirm and LendingClub also traded lower. Barclays and other banks have trimmed targets as concerns mount over credit quality and sector valuations.
Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

9 April 2026
Tesla is developing a smaller, cheaper electric SUV to be built first in Shanghai, sources said. The new model would cost less than the Model 3 and be smaller than the Model Y. Tesla produced 408,386 vehicles but delivered only 358,023 in Q1, as U.S. demand weakened and competition increased. Shares fell 0.8% Thursday.
Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

9 April 2026
Grab Holdings launched 13 new AI-powered products in Jakarta, including a “Group Ride” feature that can cut fares by up to 40% for shared routes. CEO Anthony Tan said the tools aim to offset rising fuel costs and support demand as households tighten spending. The company’s 2026 revenue and profit forecasts remain below analyst expectations. Grab’s $600 million deal to buy Foodpanda Taiwan is pending regulatory approval.
Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

9 April 2026
Nokia was named a Leader and Outperformer in GigaOm’s 2026 Radar for data center switching for the fifth year in a row, competing with Cisco, Arista, and HPE Juniper. Shares fell 1.05% in Helsinki ahead of Thursday’s annual meeting, where board changes and a dividend of up to 14 euro cents per share will be considered.
AST SpaceMobile stock sinks nearly 10% as AT&T’s Amazon satellite move spooks traders
Previous Story

AST SpaceMobile stock sinks nearly 10% as AT&T’s Amazon satellite move spooks traders

Newmont stock price slides after precious-metals sell-off; Tanami halt adds fresh risk
Next Story

Newmont stock price slides after precious-metals sell-off; Tanami halt adds fresh risk

Go toTop