Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products. Companies have ramped up investments in AI technologies which require heavy computing power,

Singapore's Grab Holdings GRAB.O raised its forecast for fiscal 2024 revenue on Monday (Nov 11), as it anticipates robust growth in its food delivery and ride-hailing businesses. US-listed shares of the company jumped over 10 per cent in extended trading.

Cisco Systems Inc., the biggest maker of computer networking equipment, delivered better-than-expected quarterly results and an upbeat outlook for the current period, but a conservative annual forecast brought a muted reaction from investors.