Cerebras stock sell-off: CEO says margin forecast is ‘misunderstood’
Cerebras Systems (CBRS) shares tanked over 15% on Wednesday morning following its inaugural quarterly earnings report since its blockbuster initial public offering (IPO)
Economy
Economy
Arm stock slides despite Wall Street upgrades as AI CPU optimism grows
Shares of Arm Holdings continued to decline on Wednesday, extending losses after the semiconductor stock tumbled more than 10% in the previous session
Economy
Hertz stock plunges as weak used-car demand hits earnings outlook
Shares of Hertz Global Holdings plunged on Wednesday after the car-rental company warned that second-quarter earnings are tracking toward the lower end of
Economy
Tesla stock slips as investors eye deliveries data and SpaceX merger buzz
Tesla shares TSLA remained under pressure on Wednesday as investors looked ahead to the electric vehicle maker’s second-quarter delivery report while increasingly focusing
Economy
Tom Lee calls chip-stock selloff a textbook buying opportunity
Macroeconomic risks, including resurgent fears of a Fed rate hike, and valuation concerns recently sent shockwaves through the tech sector, triggering a steep
Economy
SK Hynix stock jumps 11%: will Nasdaq listing trigger a memory-chip rerating?
SK Hynix shares jumped as much as 11.6% on Thursday, after the South Korean chipmaker laid out plans for one of the biggest
Economy
Kospi Index, EWY ETF jumps after Micron earnings, but major risks remain
South Korea’s Kospi Index jumped by over 5% on Thursday, and is slowly nearing its all-time high of 9,387. It has soared by
Oil
Pound edges higher as markets assess UK finance minister outlook
The pound rose to a 10-month high against the euro on Wednesday as investors assessed the political outlook in the UK and the
Oil
4 AI infrastructure stocks flying under the radar in 2026
Artificial intelligence investors are still crowding into Nvidia, Vertiv as the obvious hardware winners, but the next layer of the trade may be
Oil
Cerebras stock sinks as margin outlook overshadows AI deals
Cerebras Systems CBRS shares tumbled about 10% in premarket trading on Wednesday after the artificial intelligence chipmaker forecast lower profit margins for 2026.