JOURNAL ARTICLE
Cisco Shares Finally Top Dot-Com Record After More Than 25 Years.
Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Vlastelica, Ryan; Reinicke, Carmen 3 of 3
Abstract
The article focuses on Cisco Systems Inc. achieving a record stock price, surpassing its previous peak from the dot-com era, largely due to a surge in artificial intelligence (AI) spending. On Wednesday, shares rose to $80.25, marking a significant recovery from the company's decline after the dot-com bubble burst, during which it lost about 90% of its value. The recent stock increase is attributed to a strong revenue forecast and optimism surrounding AI infrastructure investments. Despite this resurgence, some analysts express skepticism about the sustainability of the current AI spending boom and its impact on Cisco's long-term growth. [Extracted from the article]
Additional Information
- Source:Bloomberg.com. 2025/12, pN.PAG
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2025
- Accession Number:189940654
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