Cerebras, a competitor to Nvidia, secures $1.1 billion in Series G funding, bringing its valuation to $8.1 billion prior to its IPO.
Cerebras Systems Funding and Valuation: Cerebras Systems has raised $1.1 billion in a Series G funding round, increasing its valuation to $8.1 billion, with significant participation from Fidelity Management, Atreides Management, and others.
IPO Delays and Future Plans: The company's IPO plans have been delayed due to U.S. national security reviews, but CEO Andrew Feldman remains optimistic about the prospects, while the funding will support the expansion of their AI Inference Service and manufacturing capabilities.
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Technical Analysis for G
Technical Sentiment Analysis for Gravity (G) As of , Gravity (G) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for G stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, G is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Gravity (G) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00107 | 0.00212 | 0.00297 | 0.00402 | 0.00487 | 0.00592 | 0.00677 |
| Fibonacci | 0.00212 | 0.00285 | 0.0033 | 0.00402 | 0.00475 | 0.0052 | 0.00592 |
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