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Cerebras Systems’ explosive IPO has pushed its valuation near the $100 billion threshold, driven entirely by a market vote of confidence in its revolutionary architecture rather than current financials.
Statistically, since 1980, companies that have conducted forward stock splits have handily outperformed the benchmark S&P 500 in the 12 months following their split announcement.
The Wall Street Journal is reporting that SpaceX could go public in a matter of weeks.
Cathie Wood just made a massive bet on the AI chip startup, Cerebras, that is challenging Nvidia.
Cerebras Systems stock exploded after its IPO debut as investors rushed into the company's massive growth and $24.6 billion backlog story.