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Bloomberg70d agoneutral
Cerebras Says It’s Working With All AI Gear Makers Except Nvidia

(Bloomberg) -- Cerebras Systems Inc. plans to cooperate with a wide variety of suppliers of AI data center components, opening the way for further partnerships that mirror its agreement with Amazon.com Inc.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTikTok Billionaire Overtakes M

ARK’s Cerebras Bet Highlights Rich Valuation And Post IPO Volatility
Simply Wall St.70d agoneutral
ARK’s Cerebras Bet Highlights Rich Valuation And Post IPO Volatility

Cathie Wood's ARK Invest has significantly added to its position in newly listed Cerebras Systems (NasdaqGS:CBRS). The purchases come after a steep post-IPO decline in the stock. ARK Invest's buying activity highlights institutional interest in Cerebras' AI chip technology. Cerebras focuses on AI chip technology, an area that has drawn attention as companies look for ways to handle larger and more complex machine learning workloads. The company operates in a field where computing power and...

FOMO Is Fueling the AI Stock Frenzy. Marvell Is Just the Latest Sign.
Barrons.com71d agoneutral
FOMO Is Fueling the AI Stock Frenzy. Marvell Is Just the Latest Sign.

AI investors have a bad case of FOMO. Marvell Technology’s massive stock rally Tuesday is the latest signal that the “fear of missing out” on artificial intelligence is driving a lot of investors’ decisions these days. After all, just a few words from Nvidia CEO Jensen Huang sent Marvell’s shares soaring toward a record close.

Cerebras (CBRS) Falls 10% on Profit-Taking
Insider Monkey72d agobearish
Cerebras (CBRS) Falls 10% on Profit-Taking

Cerebras Systems Inc. (NASDAQ:CBRS) is one of the 10 Stocks Entering June in the Wrong Direction. Cerebras extended its losing streak to a third consecutive day on Monday, shedding 10 percent to end at $213.28 apiece, as investors disposed of positions to take advantage of profits, while digesting the lack of positive developments to boost […]

SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets
Bloomberg76d agoneutral
SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets

(Bloomberg) -- As SpaceX edges closer to what could be the largest initial public offering in history, a corner of the crypto market is already pricing the debut — and recent history suggests the numbers are worth watching.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to

Tradr Launches Two Leveraged ETFs on Cerebras Systems
Stocktwits76d agoneutral
Tradr Launches Two Leveraged ETFs on Cerebras Systems

Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, is launching two new leveraged ETFs. The Cboe-listed funds seek to deliver two times long (200%) and two times short (-200%) the daily performance on Cerebras Systems Inc. (Nasdaq: CBRS).

Cerebras (CBRS) Climbs 10.4% as Fund Doubles Down on AI Chipmakers
Insider Monkey77d agobullish
Cerebras (CBRS) Climbs 10.4% as Fund Doubles Down on AI Chipmakers

Cerebras Systems Inc. (NASDAQ:CBRS) is one of the 9 Stocks With Unbelievable Gains. Cerebras snapped a four-day losing streak on Wednesday, jumping 10.42 percent to close at $266.90 apiece, after mirroring an investment firm’s shopping of its shares. On May 20 and 22, Cathie Wood-led ARK Invest made another round of acquisition in shares of […]