Cisco forecasts annual revenue above estimates on sustained AI spending

Aug 12 : Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.Shares of the San Jose, California-based company rose 3 per cent in extended trading. They have climbed over 56 per cent so fa

U.S. drug distributor Cardinal Health CAH.N on Tuesday forecast fiscal 2027 profit well above Wall Street expectations after topping fourth-quarter profit estimates, driven by sustained demand for specialty drugs.