Nokia Jumps 11.7% on Cisco Q4 Blowout

Cisco reported Q4 revenue of $15.84bn (+12%) and net income $3.37bn, beating Wall Street expectations.
Cisco's networking revenue rose 25% to $8.82bn, with product orders up >50% YoY and data‑center switching orders >40% YoY.
Nokia shares surged over 7% (≈11.7%) as the market rallied on Cisco's strong AI‑related outlook and higher AI market forecast.
Cisco guided FY Q4 adjusted EPS $1.16‑$1.18 on $16.7‑$16.9bn revenue and announced <5% workforce cuts with $1bn restructuring charge.