Cisco reported its third-quarter earnings, with revenue up 12% to $15.8 billion and net profit increasing by 35% to $3.4 billion. The company also provided its outlook for the fourth quarter and the full fiscal year. Separately, the head of the German central bank indicated that high energy prices could lead the European Central Bank to consider further interest rate hikes if inflation trends do not fundamentally change. AI
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RANK_REASON The cluster contains financial earnings reports and commentary on economic policy, not a core AI development.