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Cathie Wood's Ark Invest is heavily buying volatile AI chip challenger Cerebras Systems (CBRS), despite recent stock drops and widening losses. This move signals confidence in AI infrastructure growt…
ARK Invest continues buying Nvidia shares while also increasing its stake in challenger Cerebras Systems after its post-earnings selloff. Wall Street remains bullish on Cerebras despite margin pressu…
Cerebras Systems shares plunged 16% after-hours on a revenue miss and margin decline, despite raising annual guidance. The AI chip firm competes with Nvidia, citing on-chip memory as an edge amid soa…
Cerebras Systems beat Q2 sales estimates with 103% revenue growth and issued strong full-year guidance, yet shares fell in after-hours trading, signaling investor caution despite strong AI chip deman…
Cerebras Systems shares fell 11% despite raised full-year guidance, as Q2 revenue missed estimates and hardware sales declined due to data center capacity constraints. Cloud revenue surged 281%, sign…
Cerebras Systems shares dropped 17% after Q2 loss and only modestly better-than-expected Q3/FY26 guidance failed to impress investors, despite growing cloud revenue and AI chip demand.
Dow futures rose 0.2% on surprise inflation data, S&P 500 futures up 0.1%. Cisco and AI firm Cerebras Systems plunged after weak earnings reports, weighing on tech sentiment.