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(Bloomberg) -- Cerebras Systems Inc., a newly public chipmaker aiming to compete with Nvidia Corp. in AI computer components, gave an annual sales forecast that disappointed investors looking for the company to take a bigger slice of the market.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volati

<p>SpaceX’s IPO smashed records, as investors clamored to gain access, pouring in billions to any kind of SpaceX exposure they could get their hands on. One ETF benefited for a couple hours, having changed its entire mandate overnight to capture the hype, before being halted. Tune into this episode of <em>ETF Zoo</em> for the scoop and the precedent it may set for ETFs looking ahead. </p>

Chip maker said it expects to keep operating at a loss, highlighting the heavy costs of the AI buildout.

Tuesday’s 13% slides from Sandisk and Micron trimmed their 2026 gains to 727% and 269%, respectively.

FedEx (FDX) delivered earnings and revenue surprises of +6.81% and +3.42%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?

The proposed CEO Performance Award was a large stock option package for Ryan Cohen that GameStop’s board approved in January 2026.

Cerebras Systems beat Wall Street's sales target in its first quarterly report since the AI chipmaker went public in mid-May. But Cerebras stock slid.

The Nasdaq broke key support Tuesday as AI stocks sold off, even as SpaceX reversed higher. FedEx and AI chip IPO Cerebras reported late. Micron earnings loom.

By Jamie McGeever ORLANDO, Florida, June 23 (Reuters) - Global stocks slumped in a tech-fueled selloff on Tuesday, with investors unnerved by growing debt-funded AI spending, the prospect of a more

Micron’s Anthropic agreement keeps the AI-memory story in view, with earnings set to show whether HBM demand, pricing, and margins can support expectations after the pullback.

Investing.com -- GameStop Corp. said Tuesday its board has approved Chairman and CEO Ryan Cohen's request to withdraw a proposed CEO Performance Award from the company's proxy statement as the retailer shifts focus to its planned acquisition of eBay Inc.

Most of the day’s biggest losers were still up tremendously for 2026.

Investing.com -- FedEx shares fell about 6% in after-hours trading on Tuesday after the package delivery giant issued a calendar year 2026 earnings outlook that came in below Wall Street expectations, overshadowing better-than-expected fourth-quarter results.

Cerebras Systems's first-quarter revenue nearly doubled, its ‌first financial update since going ‌public showed on Tuesday, as it benefited ​from robust enterprise demand for its specialized AI chips. Cerebras is poised to benefit from rising demand ‌for high-speed ⁠processing to train AI models and particularly for AI ⁠inference, or the process of running the models in real time. The ​chip designer ​is focused ​on inference, the ‌process by which AI systems respond to user queries, and has tied much of its growth to OpenAI, including a $20 billion multi-year ‌deal under which ​the ChatGPT creator ​will deploy ​750 megawatts of Cerebras ‌chips.

Moby summary of Korn Ferry's Q4 2026 earnings call

After weeks of large-scale alarms that turned out to be false starts, equities finally found a real problem — the one they spent two years celebrating.

Shares of shipper FedEx fell after the company beat expectations for fourth quarter earnings and revenue and sees continued profit growth this year. Shares fell 4.4% in after hours trading to $303.29. FedEx reported fourth quarter revenue of $25 billion and adjusted earnings of $6.21 a share.

FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell nearly 5% in after-hours trading on Tuesday after the package delivery company issued fiscal 2027 earnings guidance that came in below Wall Street expectations, overshadowing stronger-than-expected fourth quarter results. FedEx projected fiscal...

Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from ‌the videogame retailer and plans to unveil more details ‌about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled ​a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay ‌rejected a $56 billion takeover ⁠bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible ⁠nor attractive."

International courier service FedEx (FDX) topped fiscal fourth quarter estimates on adjusted earnings ($6.31 per share vs. expectations of $5.97). The stock is dropping in Tuesday's after-hours trading. Market Domination Overtime Anchor Josh Lipton takes a closer look at FedEx's earnings release.

Chief Executive Raj Subramaniam said FedEx’s growth strategy is working, and with the spinoff of its freight division, the company is positioned to further optimize its network and lower costs.

David Denton’s appointment, effective Aug. 17, comes as the company struggles to execute its turnaround.

Despite surging retail interest, SpaceX shares have tumbled more than 25% over a three-day skid, testing the resolve of retail investors as the aerospace giant navigates valuation concerns and its first-ever bond sale.

The iShares Core MSCI EAFE ETF (NYSEARCA:IEFA) has quietly become one of the best-performing core holdings in U.S. investor portfolios this year, climbing roughly 10.5% year to date and roughly 24% over the past 12 months to around $97. With 7 basis points in fees and roughly 2,500 developed-market holdings across Europe, Japan, and Australia, ... If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.

One of the market's bright spots in 2026 sold off sharply in Tuesday's decline. The PHLX Semiconductor Index, packed with high-flying names like Nvidia, Intel and Micron, was down today by about 7.

Freight giants have pivoted to healthcare logistics, which they see as recession-proof.

US airlines are expected to issue above-consensus earnings guidance for the third quarter, while sec

SpaceX has barely settled into life as a public company, yet it’s already eyeing a $20 billion bond sale. What could that mean for SPCX investors?

Retail investors have spent decades watching Bill Ackman make concentrated bets from the outside, The Motley Fool noted, piecing together his moves through quarterly filings that arrive months after the trades close. That dynamic changed when Pershing Square USA (PSUS) began trading on the New York ...

Summary: Oracle has laid off about 13% of its global workforce over the past fiscal year. Are these job cuts bullish or bearish for ORCL shares’ long-term thesis? Let’s find out!