Cisco (CSCO) reported solid earnings with improved gross margins and strong AI performance. Despite weakness in the security sector, the company’s outlook remains positive. Analysts believe growth opportunities in AI, Neoclouds, and Sovereign sectors will offset any weaknesses. KeyBanc analyst Brandon Nispel recommends investors look past short-term challenges and sees potential for premium valuations. CFO Mark Patterson will discuss the numbers and guidance on Opening Bid today at 9:40 a.m. ET. Cisco’s focus on software and subscription services, along with healthy cash flow growth, support a positive outlook for the company.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq slipped after PPI inflation comes in much hotter than expected