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Disney Stumbles, Cisco Soars on AI Infrastructure Demand
14 Nov
Summary
- Disney misses quarterly sales forecasts, linear TV business struggles
- Cisco tops forecasts, boosted by strong AI infrastructure demand
- Crypto prices and related stocks drop as government reopening fails to lift slump
On November 13, 2025, a major media conglomerate, Disney, saw its stock tumble after missing quarterly sales forecasts. The company's linear TV business weighed on its overall performance, despite reporting better-than-expected subscriber numbers for its streaming services, Disney+ and Hulu.
Meanwhile, Cisco Systems, a networking equipment and software provider, topped quarterly forecasts, driven by strong demand for its AI infrastructure products. The company's shares jumped around 5% in response.
The broader U.S. equity markets also lost ground, with the Dow and S&P 500 falling 1.7% and the tech-heavy Nasdaq dropping 2.3%. This came a day after President Trump signed a bill to reopen the government.
The price of Bitcoin and other major cryptocurrencies continued to move lower, as the government reopening failed to provide a boost to the slumping digital assets. Shares of crypto-related companies, such as Robinhood Markets, Interactive Brokers, and Coinbase Global, also saw significant declines.
