European shares may open on a firm note on Thursday as Cisco Systems reported record fiscal third-quarter results for fiscal 2026 and investors pinned hopes on U.S.-China talks yielding positive results on the Iran war.
Cisco shares gained nearly 19 percent in extended trading after the company beat Wall Street estimates, raised FY26 AI orders and revenue outlook, and announced plans to eliminate close to 4,000 jobs, positioning the company as “critical infrastructure for the AI era”.
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Market Analysis
European Shares Seen Higher With US-China Talks In Focus
2026-05-14 05:32:49
