Cisco (CSCO) management says around 4-5 points of the acceleration came from price increases, implying underlying ex-hyperscale growth of roughly 14-15%; Orders rose 35% in the quarter; excluding hyperscale, the rest of the business still rose 19%

US Treasury sanctions Iranian foreign currency exchange house; targets entities in Iran’s shadow banking system

US Treasury Secretary Bessent accuses the Gaza-bound flotilla of trying to undermine Trump’s peace efforts, saying Treasury will keep targeting Hamas’ global financial networks

Cisco (CSCO) management says around 4-5 points of the acceleration came from price increases, implying underlying ex-hyperscale growth of roughly 14-15%; Orders rose 35% in the quarter; excluding hyperscale, the rest of the business still rose 19%

UAE defence ministry says it detected and dealt with six drones in the past 48 hours; says the drones were launched from Iraq

White House Official says that the US are in talks with Greenland and Denmark