Investors had worried about the outlook after Meta Platforms issued a more conservative capital-spending forecast than expected.
Arista Networks stock jumped in late trading after the provider of networking equipment posted better-than-forecast results for the September quarter.
The company said that momentum in the quarter “remained strong” from both enterprise customers and from cloud and artificial-intelligence companies. That spurred worries about the company’s financial outlook, but if there are any looming issues, they didn’t materialize in the third quarter.
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