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Latest News In AI Chips - MEXC Expands Access To Tokenized Stock Trading Globally
Simply Wall St.47d agoneutral
Latest News In AI Chips - MEXC Expands Access To Tokenized Stock Trading Globally

MEXC has introduced nine Ondo tokenized stock trading pairs on its platform, providing users with on-chain access to real-world equity exposure in critical technology sectors, including AI, semiconductors, and optical communications. This development highlights the inclusion of AI inference hardware company Cerebras Systems and companies like Corning in optical communications. The tokens are managed by licensed broker-dealers, offering benefits such as 24/7 accessibility without geographical...

Jim Cramer on Cerebras: “Even After the Pullback, This One’s Too Rich for Me”
Insider Monkey49d agoneutral
Jim Cramer on Cerebras: “Even After the Pullback, This One’s Too Rich for Me”

Cerebras Systems Inc. (NASDAQ:CBRS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer discussed the company’s post IPO rally, as he stated: Finally, let’s talk about Cerebras Systems, which makes enormous ultra-fast semiconductors to handle AI inference workloads. It’s supposed to […]

Bloomberg49d agoneutral
Billions in SpaceX Trades Jolt ETFs Including Cathie Wood’s ARKK

(Bloomberg) -- A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund market in the past week, suggesting some major investors used a contentious method to get exposure to the initial public offering of SpaceX. At least one fund manager placed temporary restrictions on its product in a bid to curb the practice.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy

Cerebras (CBRS) Lands OpenAI Deal And Amazon Partnership In AI Infrastructure
Simply Wall St.50d agobullish
Cerebras (CBRS) Lands OpenAI Deal And Amazon Partnership In AI Infrastructure

Cerebras Systems (NasdaqGS:CBRS) has secured a multi billion dollar deal with OpenAI. The company has also announced a partnership with Amazon, expanding its role in AI infrastructure. These announcements highlight fresh commercial traction with major AI and cloud players. Cerebras Systems focuses on purpose built AI compute, aiming to serve workloads that require intensive training and inference. The recent agreements with OpenAI and Amazon place the company directly alongside leading AI...

SpaceX Stock Picks Up Momentum on Incredible Volume
Barrons.com54d agoneutral
SpaceX Stock Picks Up Momentum on Incredible Volume

SpaceX stock was just under $175 shortly after 1 p.m. Eastern, up 30% from its $135 IPO price and up 17% from the $150 opening price. SpaceX sold about 556 million shares in the IPO. It's likely that total trading volume will eclipse the total volume sold in the IPO, which means the average holding period for a SpaceX investor is, theoretically, measured in hours.

Bloomberg54d agoneutral
What Stock Traders Can Expect From SpaceX’s Trading Debut

(Bloomberg) -- Investors will soon have a sense of how SpaceX shares will perform after the largest initial public offering ever — but they may need to wait several hours to get in on the trading action.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Face-to-Face to Try t

The AI Inference Race Has a New Contender: UBS Backs Cerebras (CBRS)
Insider Monkey54d agoneutral
The AI Inference Race Has a New Contender: UBS Backs Cerebras (CBRS)

Cerebras Systems Inc. (NASDAQ:CBRS) is among the 10 Under-the-Radar AI Stocks to Buy in 2026. On June 8, UBS initiated coverage of Cerebras Systems Inc. (NASDAQ:CBRS) with a Buy rating and a $300 price target, highlighting the company’s wafer-scale engine as the world’s largest compute chip. According to the firm, the technology delivers a significant performance […]