A new study by Splunk and Oxford Economics reveals that unplanned downtime costs for Global 2000 companies have surged to $600 billion annually, a 50% increase in two years. Downtime now costs organizations an average of $15,000 per minute and causes a 3.4% drop in stock price on average. The research highlights severe impacts including customer loss, rising ransomware payouts, regulatory fines, and operational strain. Companies are increasingly investing in AI and automation to improve resilience and reduce downtime risks, emphasizing the need for end-to-end visibility and human oversight in AI use to prevent costly disruptions.
Arista Networks and Cisco Systems both posted record AI-driven revenue growth, with Arista hitting $3.04 billion and Cisco nearly $9.8 billion in networking revenue. Arista benefits from focused AI fabric products and raised its 2026 outlook to $12.6...
Cisco Systems is poised for a comeback driven by AI infrastructure, with expected revenue rising from $4 billion in FY2026 to $7.5 billion in FY2027. Despite a recent 9% weekly pullback, shares remain up nearly 42% year-to-date, supported by strong Q...
Cisco Systems projects robust first-quarter growth with management guiding for 21% year-over-year revenue increase and 33% earnings per share growth. The company has a track record of beating estimates, showing accelerating revenue surprises and main...
Networking stocks Ciena and Arista rose 4% amid a tech rebound driven by strong AI data center spending. Ciena reported a 37% revenue increase and raised its 2026 guidance, supported by growing demand from cloud providers despite supply constraints. ...
Cisco's stock is benefiting from strong AI networking demand, but a new model predicts it won't reach $200 per share by 2031. The base case forecast estimates a share price of $177.67, representing a 56.35% return over five years. The company reporte...
