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CBRS News

Cerebras Reports Q1 Loss Amid Strong Revenue Growth Post-IPO

10h agostocktwits

Semiconductor and AI Stocks Face Selloff Pressure

11h agostocktwits

Futures Rise as South Korea's Kospi Index Jumps

11h agoYahoo Finance

Cerebras Systems Shares Drop Amid Margin Concerns Despite OpenAI Deal

14h agoseekingalpha

Cerebras Reports 94% Revenue Growth in Q1

14h agostocktwits

Mixed Earnings Reports from Multiple Companies

15h agoCNBC

Cerebras Reports 92% Revenue Growth but Declining Gross Margin

15h agoCNBC

Cerebras Systems Reports Nearly Doubling Q1 Revenue Amid AI Chip Demand

16h agoNewsfilter

CBRS Events

06/23 20:30
Tech Stocks Plummet Due to Valuation Concerns
Valuation concerns in the AI capex buildout economy hit the Tech sector - by far the worst performing area of the S&P 500 - particularly hard on Tuesday.  2026 memory and semiconductor highflyers were some of the biggest lowers, as Micronand Sandiskwere the worst performers on the benchmark.  Among the positive areas, the resilient labor market and questions about AI displacement in the human economy have supported Staffing/Employment, as companies like Korn Ferryrallied by over 6% after better than feared results.   Otherwise, the unwind in Tech momentum trade saw sector rotation into the defensive sectors, with Consumer Staples and Healthcare outperforming.In the opening hours of the evening session, equity futures are marginally higher - S&P e-minis are up a decimal and Nasdaq 100 contract is up 0.2%.  In commodities, the perception of progress in the Strait of Hormuz has pressured WTI Crude Oil to low $70s.   Meanwhile the accelerating strength in the U.S. Dollar is weighing deeper on all metals - Gold is below $4,120 and Silver has retreated below $62 per ounce while Copper is at the lowest level since mid-May below $6.15/lb.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Icon plcup 5.1%KB Homeup 3.8%ALSO HIGHER -National Health Investorsup 4.0% after entering S&P SmallCap 600 indexToastup 3.7% after entering S&P MidCap 400 indexIES Holdingsup 3.2% after entering S&P MidCap 400 indexNikeup 1.0% after naming new CFO and affirming guidanceHoneywell Internationalup 0.9% after entering S&P 500 indexAlphabetup 0.7% after entering Dow Jones Industrials AverageDOWN AFTER EARNINGS -Worthingtondown 9.9%Cerebras Systemsdown 10.7%FedExdown 6.3%ALSO LOWER -Janux Therapeuticsdown 3.4% after departure of Chief Medical Officer
06/23 17:00
Cerebras Reports Q1 Core Revenue of $191.3M, Beating Consensus
Reports Q1 core revenue $191.3M, consensus $180.84M. "This was an outstanding start to 2026 for Cerebras. And we are proud of our achievements," said Andrew Feldman, Cerebras co-founder and CEO. "AI has moved from being a novelty to being useful and productive. Cerebras' wafer-scale technology delivers the fastest AI in the world. And fast AI is more valuable than slow AI because it is more productive. It provides answers in less time. It delivers solutions in less time. This in turn has created significant momentum with pioneering customers like OpenAI and AWS and emerging customers as well. The growing importance of AI in our economy requires AI infrastructure that can power the most advanced applications at unprecedented speed. This is the Cerebras mission."
06/23 17:00
Sees Q2 Adjusted Gross Margin at 36%-38%
Sees Q2 adjusted gross margin 36%-38%.

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