Nasdaq Surges 150 Points; Cisco Earnings Top Views
1. Cisco reported Q2 earnings of 94 cents, beating estimates by 3 cents. 2. Quarterly revenue reached $13.9 billion, exceeding expectations of $13.87 billion. 3. Cisco predicts Q3 EPS between 90-92 cents, slightly below consensus of 92 cents. 4. Fiscal 2025 EPS outlook is between $3.68-$3.74, above the $3.66 estimate. 5. The overall market is buoyant, positively influencing investor sentiment.