CSCO, ULTA Stocks Soar in After-Hours Trading

CSCO Surges 56% on Strong Results, Guidance Update

Cisco Systems (CSCO) experienced a significant rise of 56% in after-hours trading following the release of its solid second-quarter results and updated guidance.

The company reported strong revenue growth, driven by increased demand for its networking and security solutions.

CSCO also updated its guidance for the full fiscal year, indicating continued optimism for growth in the coming quarters.

ULTA Jumps 12% After Berkshire Hathaway Stake Disclosure

Ulta Beauty (ULTA) witnessed a substantial surge of 12% in after-hours trading after Warren Buffett's Berkshire Hathaway revealed a stake of $266 million in the company.

This disclosure sparked investor confidence, reflecting the credibility and influence of Berkshire Hathaway in the financial market.

ULTA has consistently demonstrated strong financial performance, driven by its focus on the beauty and cosmetics sector.