Cisco Systems Inc is trading 5% up today at $127.43 as investors react positively to major product announcements at its annual "Cisco Live 2026" conference.
- The company unveiled Cisco Cloud Control, a new unified platform that uses AI agents to help manage and defend IT infrastructure.
- Cisco also announced significant advancements in security, including an enhanced Live Protect feature for automated defense and new quantum-safe capabilities.
- The news builds on recent positive momentum from a strong Q3 earnings report in May, but today's move is primarily driven by these new AI-focused strategic initiatives.