Cisco stock is leading U.S Stock Market to new heights on Thursday. S&P 500 added 0.5 per cent to its all-time high set the day before. The Dow Jones Industrial Average climbed 254 points, or 0.5 per cent, and is close to finishing a day above the 50,000 level for the first time since the war with Iran began. The Nasdaq composite was 0.5 per cent higher and adding to its own record. However, it's not only Cisco stock but also two other companies' shares that trading extremely well. These two are StubHub Holdings and Viking Holdings.
Cisco Systems and others joined the parade of U.S companies reporting fatter profits for the start of 2026 than analysts expected. Cisco helped lead the market after jumping 14.6 per cent in what could be its best day in nearly 15 years. The tech giant reported better profit and revenue for the latest quarter than analysts expected, and CEO Chuck Robbins said it saw "very strong, broad-based demand for our products."
