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CBRS News

Cerebras Systems Shares Drop Amid Margin Concerns Despite Strong Demand

2h agoseekingalpha

OpenAI and Broadcom Launch First AI Accelerator Chip

1h agoNewsfilter

Chip Stocks Decline Impacting Market Sentiment

1h agoNewsfilter

Chip Stocks Plummet, Market Seeks Safe Havens Amid AI Boom

1h agoCNBC

Prologis' $16.63 Billion Bid for Segro Rejected

2h agoFool

Cerebras Reports Q1 Loss, Shares Drop 11%

2h agoCNBC

Cerebras Shares Drop 14% Amid Profit Margin Warning

3h agoNewsfilter

Nasdaq Futures Edge Up as Tech Stocks Rebound

5h agoNewsfilter

CBRS Events

06/24 09:00
S&P 500 Futures Show Modest Recovery, Semiconductor Stocks Under Pressure
S&P futures are showing modest signs of recovery ahead of the open. Markets are attempting to stabilize this morning after a sharp technology-led selloff rattled investors over the last two sessions. Semiconductor stocks have been at the center of the pressure, with investors reassessing valuations after an extended run higher.Investors are closely watching earnings from memory-chip maker Micron, which could become an important read-through for broader AI infrastructure spending. Recent weakness in chip shares has revived concerns about whether massive spending on AI data centers and hardware can continue at the same pace.At the same time, oil prices are falling. Crude has continued declining as concerns around Middle East supply disruptions ease and shipping through the Strait of Hormuz normalizes. Cheaper oil could eventually improve the broader macro backdrop if the trend holds.In pre-market trading, S&P 500 futures rose 0.23%, Nasdaq futures rose 0.4% and Dow futures slipped 0.02%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Wendy'sup 25% amid heightened interest on Stocktwits and Reddit's r/WallstreetbetsFuelCellup 16% after announcing a strategic agreement for up to 380 megawatts of on-site power for data centers with Fit EnergyTwilioup 4% after Goldman Sachs initiated coverage of the stock with a Buy rating and $300 price targetUP AFTER EARNINGS -Daktronicsup 7%DOWN AFTER EARNINGS -Cerebras Systemsdown 10%FedExdown 6%LOWER -Hertzdown 21% after filing to sell $100M of common stock to be loaned by the company to a financial institution

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