Recently, Cisco Systems $CSCO announced an upward revision to its annual revenue forecast, driven by a surge in demand for cloud network equipment. This optimistic outlook is largely due to the rapid development of artificial intelligence (AI). Following this news, the company’s stock rose by nearly 7% in after-hours trading.
Recently, the public and business communities have been riveted by an event: the U.S. Department of Justice (DOJ) has expressed its intent to block a significant deal between Hewlett Packard Enterprise $HPE and Juniper Networks $JNPR. This lawsuit, filed on Thursday, adds a new dynamic to the competitive network equipment market, valued in billions of dollars.