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.
- Doximity (DOCS) shares slump. The healthcare software firm gave a full-year forecast that was weaker than expected, with AI investments pressuring the company’s earnings. KeyBanc Capital Markets analyst Scott Schoenhaus (cut to sector weight from overweight)
- Nvidia (NVDA) shares gain ahead of earnings next week. Nvidia CEO Jensen Huang tells reporters in Beijing that meetings with tech CEOs "went excellent.”

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. - Doximity (DOCS) shares slump. The healthcare software firm gave a full-year forecast that was weaker than expected, with AI investments pressuring the company&rsquo;s earnings. KeyBanc Capital Markets analyst Scott Schoenhaus (cut to sector weight from overweight) - Nvidia (NVDA) shares gain ahead of earnings next week. Nvidia CEO Jensen Huang tells reporters in Beijing that meetings with tech CEOs "went excellent.&rdquo;

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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 Rises, Doximity Slumps, and Nvidia Gains Ahead of Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5282176b-b95b-4970-855d-b44a00fa3261/transcript