Cisco Gives Markets a Boost, but This Tech Stock Is Jumping Even Higher

The big news of the morning came from Cisco Systems (NASDAQ: CSCO), which announced its latest quarterly financial results and made its shareholders more comfortable with what the future will bring. Shares of Cisco Systems climbed nearly 5% in premarket trading on Thursday morning. The networking giant's fiscal fourth-quarter results for the period ending June 30 reassured investors that its prospects remain solid.