Cisco's Earnings Beat, AIG's Profit Drop, and the Outlook for Stocks 02/16/23
Shares of Cisco Systems are popping more than 10% after the company beat on earnings and revenue, as well as raised guidance for the year. Bank of America Securities' Tal Liani explains the company's outlook. Plus, AIG had its strongest underwriting performance last year but saw a dip in net profit. Piper Sandler's Paul Newsome discusses the insurance space. And, despite a solid start to the year for stocks, are stormy skies on the horizon? Miller Tabak's Matt Maley and Aureus Asset Management's Karen Firestone weigh in.
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