On this episode of Stock Movers:
- Cisco (CSCO) shares jump. The company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs to focus on the fast-growing AI market. Revenue will be $16.7 billion to $16.9 billion in the fiscal fourth quarter, which is higher than analysts estimated sales of $15.8 billion.
- Legence (LGN) shares drop. The engineering firm raised its guidance for full-year revenue and adjusted Ebitda to a range above the average estimate. Those metrics also beat estimates in the first quarter. Shares of the company were already up 257% from its September IPO through Wednesday trading.
- Bullish (BLSH) shares fall. The crypto firm reported a first-quarter net loss per share that widened year-over-year as digital asset sales fell.

On this episode of Stock Movers: - Cisco (CSCO) shares jump. The company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs to focus on the fast-growing AI market. Revenue will be $16.7 billion to $16.9 billion in the fiscal fourth quarter, which is higher than analysts estimated sales of $15.8 billion. - Legence (LGN) shares drop. The engineering firm raised its guidance for full-year revenue and adjusted Ebitda to a range above the average estimate. Those metrics also beat estimates in the first quarter. Shares of the company were already up 257% from its September IPO through Wednesday trading. - Bullish (BLSH) shares fall. The crypto firm reported a first-quarter net loss per share that widened year-over-year as digital asset sales fell.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Cisco Jumps, Legence Drops, Bullish Falls on First Quarter Net Loss

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/99fbe038-331d-4634-aa05-b44a00eddcc2/transcript