🟢 IGV is trading 1.8% up today on Cisco's record revenue and $9B AI guidance raise

IGV is trading 1.8% up today as the tech sector rallies on strong earnings from Cisco, which reported record Q3 revenue of $15.8B and a significantly raised AI forecast.

• Cisco beat analyst estimates and hiked its AI forecast to $9B, sparking a 20% surge in its stock price and lifting the broader software and networking sector.
• The NASDAQ is up 0.91% as positive sentiment from Trump-Xi talks and general AI enthusiasm outweigh persistent inflation concerns.
• Strong demand for AI infrastructure continues to drive market advances, with Cisco's record performance serving as a key catalyst for today's gains.