Wall Street Dips on AI Worries; Cisco Surges Post-Earnings

New York – U.S. stocks tumbled Thursday, with Nvidia and AI heavyweights dragging the S&P 500 down 1.66% amid fears of Fed rate cut slowdowns. Cisco shares jumped 7% after beating Q1 estimates with $1 EPS on $14.88B revenue, raising full-year guidance. Shutdown end boosts sentiment, but economists warn of GDP hit. UK’s GDP shrank 0.1% in September due to JLR cyber-attack. theguardian.com reuters.com cnbc.com

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