Cisco, AI Stocks Surge; Markets Hit New Highs
Global News Today | 2 Min News | The Daily News Now!
- Published
- May 14, 2026
- Duration
- 1:46
- Summary source
- description
- Last updated
- May 15, 2026
Discusses ai, daily.
Summary
U.S. stocks hit new highs Thursday, driven by Cisco Systems robust earnings and AI-driven growth. The S&P 500, Dow, and Nasdaq all surged, with Ciscos stock soaring 13.4% on strong demand for its products and an optimistic outlook. AI profits extended beyond tech, bolstering semis, infrastructure, and industrials. Cerebras Systems, an AI chip maker, saw i…
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Show notes
U.S. stocks hit new highs Thursday, driven by Cisco Systems robust earnings and AI-driven growth. The S&P 500, Dow, and Nasdaq all surged, with Ciscos stock soaring 13.4% on strong demand for its products and an optimistic outlook. AI profits extended beyond tech, bolstering semis, infrastructure, and industrials. Cerebras Systems, an AI chip maker, saw its shares jump 68.1% on its IPO debut. Consumer spending dipped, but unemployment claims remained low. Oil prices remained high, and global mar
Themes
- ai
- daily