Cisco Stock Pops on Higher Outlook, $15B Buyback Boost

1. Cisco's revenue reached $14 billion, up 9% YoY and exceeding expectations. 2. Adjusted earnings rose to $3.8 billion, surpassing analysts' forecasts. 3. AI infrastructure orders exceeded $350 million, totaling $700 million for H1. 4. Cisco raised its full-year revenue forecast to $56-56.5 billion. 5. The board approved a $15 billion stock repurchase and increased the dividend.