Cisco soars again as StubHub and Viking rally over 10 percent on surprise earnings

StubHub jumped 19.3% despite tickets not being essentials
U.S. markets climbed to fresh highs as Cisco delivered earnings and guidance that beat expectations, sending its shares up 14.6%—potentially its best day in 15 years. The broader rally also lifted two non-AI names: StubHub jumped 19.3% and Viking Holdings rose 10%, both posting stronger profit than analysts forecast. Results fueled optimism that consumers still spend, even as sentiment remains shaky. Treasury yields barely moved, while global trading tilted higher in Europe and Asia amid oil jitters tied to Hormuz shipping.
- S&P 500 rose 0.5% to a record high
- Cisco shares surged 14.6% after forecast topped estimates
- StubHub stock jumped 19.3% on better-than-expected profit
- Viking Holdings rose 10% following strong quarterly results
- 10-year Treasury yield slipped slightly to about 4.45%
- Brent crude eased 0.1% to $105.54 per barrel
This summarization was done by Beige for a story published on
The Economic Times
