The Middle East will be 'a center for AI': Outgoing Cisco CFO
Cisco Systems (CSCO) continues to get a stock bump into Thursday's pre-market trading after reporting third quarter results yesterday, beating earnings and revenue estimates and raising its full-year guidance. Outgoing Cisco CFO Scott Herren and the Incoming Cisco CFO Mark Patterson sit down with the Morning Brief team in the studio to talk more about the earnings print, Cisco's CapEx spending around AI networks, the company's outlook on infrastructure scaling in regions like the Middle East, and the transition for the two CFOs. Patterson will officially take over as chief financial officer on July 27. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.