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Cerebras Systems Q2 Earnings Call Highlights
MarketBeat11h agoneutral
Cerebras Systems Q2 Earnings Call Highlights

Cerebras Systems (NASDAQ:CBRS) reported record second-quarter core revenue and raised its full-year outlook, as the AI infrastructure company said it is expanding data-center capacity, manufacturing output and customer deployments to support anticipated growth beginning in 2027. Chief Executive Off

Cerebras raises annual targets on strong AI chip demand
Reuters13h agoneutral
Cerebras raises annual targets on strong AI chip demand

Cerebras Systems raised its annual revenue and gross margin forecasts on Wednesday, buoyed by robust demand for its chips from ‌companies ramping up data-center capacity to power AI services. The chip designer ​is banking on growing demand for inference, the data crunching that occurs when a user queries a chatbot, as it seeks to challenge Nvidia's dominance in the AI processor market. Cerebras' flagship wafer-scale engine (WSE) is a single chip the size of a ‌dinner plate containing trillions of ⁠transistors, a design that it says is more efficient than connecting thousands of smaller graphics processors together, as Nvidia does.

Bloomberg5d agoneutral
An Early Bet on SpaceX Led to a 30% Gain for This College Endowment

(Bloomberg) -- The University of North Carolina’s endowment management company made an initial investment in SpaceX more than 15 years ago.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltEarly wagers through venture capital

Bloomberg16d agoneutral
Asia’s Biggest IPO of 2026 Puts Crypto Shadow Market to the Test

(Bloomberg) -- China’s biggest IPO in more than a decade became the first major Asian test for crypto’s emerging pre-IPO futures — and the blockchain market largely delivered.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPOStocks, Bonds Rise in Relief Rally as Oil Tumbles: Markets Wrap

AMD, Cerebras Strike AI Chip Deals
Investor's Business Daily21d agoneutral
AMD, Cerebras Strike AI Chip Deals

Advanced Micro Devices and Cerebras Systems on Wednesday separately announced partnerships related to their AI chips. AMD stock and Cerebras stock rose on the news as semiconductor stocks overall advanced.

US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom
Simply Wall St.31d agoneutral
US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom

The Morning Bull - US Market Morning Update Monday, Jul, 13 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.4%, as investors digest a mix of cooling inflation and uneven growth signals abroad. Softer price data in countries like France, where inflation sits at 1.8%, suggests global cost of living pressures are easing, which can take some pressure off central banks to keep lifting interest rates. At the same time, weaker industrial output in...

Bloomberg33d agoneutral
US Eases Export Curbs on UAE, Opening Door for AI Chip Sales

(Bloomberg) -- The Trump administration plans to ease export restrictions on the United Arab Emirates, clearing the way for the Gulf state to buy a wide range of advanced technologies including commercial satellites and semiconductors used for artificial intelligence. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsRyanair Passenger Partly Sucked From Jet After Window BreaksPrabowo’s Clam

Bloomberg36d agoneutral
AI Chip Startup SambaNova Raises Funds at $11 Billion Valuation

(Bloomberg) -- Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors’ conviction in rising demand for infrastructure tied to artificial intelligence.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthUS Strikes Iran and Blocks Oil Sales, in New Test of TruceChina Sentences Officia

Reuters37d agoneutral
Brookfield-backed Csquare targets up to $4.18 billion valuation in US IPO

Data center provider Csquare is targeting a valuation of up to $4.18 billion in its U.S. ‌initial public offering, riding a wave of investor enthusiasm ‌for companies expected to benefit from the AI boom. The Dallas-based company said on ​Monday it aims to raise up to $1.35 billion in the IPO by offering 50 million shares at $23 to $27 apiece. New listings in the U.S. have picked up after geopolitical tensions briefly cooled ‌issuance earlier this year, ⁠while surging demand for AI computing infrastructure has boosted investor interest in data center operators.

Bloomberg37d agoneutral
Brookfield’s Data Center Firm Csquare Seeks $1.35 Billion in IPO

(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is

Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion
Reuters43d agoneutral
Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion

Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial ‌public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a ‌rare software IPO as the sector grapples with disruption from AI. The Italian software company and its existing shareholders ​sold about 58 million shares in one of the largest IPOs by a European company this year. The deal comes as the U.S. market for initial public offerings ‌has regained momentum after a prolonged ⁠slowdown.

Bloomberg44d agoneutral
SpaceX Pushes US Share Sales to Record $251 Billion at Midyear

(Bloomberg) -- Wall Street bankers are on a high after record-setting offerings from SpaceX and Google parent Alphabet Inc., lifting expectations for deal activity in the rest of 2026.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS and Iran Agree to Halt Attacking Each Other Ahead of TalksOil Trades Near Four-Month Low as US and Iran Halt Fresh AttacksAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardPrabowo Risks Prompt Global Banks to Pull Cas