---
title: "Gold Down 2%; Cisco Shares Tumble After Q4 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295825119.md"
description: "U.S. stocks traded mixed with the Nasdaq up 0.61% and Dow down 0.16%. Cisco shares fell 8% despite beating Q4 earnings estimates, due to cautious guidance. Accelerant Holdings surged 44% on acquisition news, while Leslie’s dropped 39% after withdrawing guidance. Commodities saw gold and oil decline slightly. The U.S. PPI remained unchanged in July, and initial jobless claims rose to 209,000."
datetime: "2026-08-13T16:12:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295825119.md)
  - [en](https://longbridge.com/en/news/295825119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295825119.md)
generator: "portal-rs"
---

# Gold Down 2%; Cisco Shares Tumble After Q4 Results

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 150 points on Thursday.

The Dow traded down 0.16% to 53,682.87 while the NASDAQ rose 0.61% to 26,749.51. The S&P 500 also rose, gaining, 0.45% to 7,783.09.

**Leading and Lagging Sectors**

Real estate shares jumped by 1.2% on Thursday.

In trading on Thursday, energy stocks fell by 1%.

**Top Headline**

Shares of **Cisco Systems Inc**. (NASDAQ:CSCO) fell around 8% on Thursday after the company reported financial results for the fourth quarter of fiscal 2026.

Cisco reported fourth-quarter revenue of $17.25 billion, beating analyst estimates of $16.82 billion, according to Benzinga Pro. The networking equipment company reported adjusted earnings of $1.22 per share for the quarter, beating analyst estimates of $1.17 per share.

Cisco guided for fiscal year 2027 revenue of $72.2 billion to $73.4 billion versus estimates of $68.69 billion. The company also guided for full-year adjusted earnings of $5.05 to $5.11 per share, versus estimates of $4.80 per share.

**Equities Trading UP**  

-   **Accelerant Holdings** (NYSE:ARX) shares shot up 44% to $19.52 after the specialty insurance company agreed to be acquired by Thoma Bravo and reported better-than-expected second-quarter 2026 results.
-   Shares of **DEFSEC Technologies Inc** (NASDAQ:DFSC) got a boost, surging 107% to $2.56 after the company reported third-quarter financial results.
-   **FGI Industries Ltd (**NASDAQ:FGI) shares were also up, gaining 70% to $8.05 after the company reported better-than-expected second-quarter adjusted EPS results and issued FY26 sales guidance with its midpoint above estimates.

**Equities Trading DOWN**

-   **Leslie’s Inc (**NASDAQ:LESL) shares dropped 39% to $0.81 after the company reported worse-than-expected third-quarter financial results and withdrew its FY26 guidance.
-   Shares of **Cellebrite DI Ltd (**NASDAQ:CLBT) were down 36% to $9.70 after the company reported worse-than-expected second-quarter sales results and issued weak third-quarter sales guidance.
-   **Securitize Corp** (NYSE:SECZ) was down, falling 23% to $6.08 after the company reported worse-than-expected quarterly financial results.

**Commodities**  

In commodity news, oil traded down 0.9% to $82.57 while gold traded down 1% at $4,422.60.

Silver traded down 1.3% to $64.82 on Thursday, while copper fell 0.1% to $6.6115.

**Euro zone**

European shares were mixed today. The eurozone’s STOXX 600 gained 0.2%, while Spain’s IBEX 35 Index rose 0.4% London’s FTSE 100 fell 0.3%, Germany’s DAX gained 0.2%, while France’s CAC 40 fell 0.1%.

**Asia Pacific Markets**

Asian markets closed mixed on Thursday, with Japan’s Nikkei 225 gaining 1.16%, Hong Kong’s Hang Seng index falling 0.17%, China’s Shanghai Composite declining 0.50% and India’s BSE Sensex rising 0.15%.

**Economics**

-   The Producer Price Index (PPI) was unchanged in July, coming in below the 0.2% monthly rebound economists expected after June’s upwardly revised 0.1% decline, the Bureau of Labor Statistics reported Thursday.
-   U.S. initial jobless claims rose by 9,000 to 209,000 in the first week of August, compared to market estimates of 202,000.

*Photo via Shutterstock*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**