Cerebras falls 8% after chipmaker forecasts shrinking margin in first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.

Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.
Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company's last quarter that included the freight business before its spin-off.
Changes to the PGA Tour are designed to elevate competition and raise payouts for winners.
Senate Republicans want more details on Trump’s Iran deal as questions swirl around sanctions relief, nuclear restrictions and congressional approval.
"I should never have met with Epstein in the first place," Bill Gates told members of the House Oversight and Government Reform Committee.
The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.
Choosing a new head for the Federal Reserve Bank of Atlanta is an opportunity for new Fed Chairman Kevin Warsh to reshape the central bank.
Voters are heading to the polls in New York, with four competitive races in Democratic congressional primaries in focus.
Tuesday’s primaries in New York, Maryland and Utah test outside money, party power and the influence of Zohran Mamdani and Donald Trump.
More than 11,000 seafarers stuck in the Persian Gulf will begin to exit through the Hormuz Strait in a large-scale evacuation plan backed by Iran and the U.S.
Just a day after making new all-time records, the semiconductor sector is down almost 7% and traders are finding a cheap way to bet on a bigger pivot.
Meta executives have said they see the lightweight smart glasses as a step towards a more advanced device that includes screens in the lenses.
The report said that CEO Mark Zuckerberg directed staff to develop a prediction markets platform, internally known as "Arena."
As Social Security faces an imminent funding shortfall, Sen. Bill Cassidy said he has come up with a plan to invest in the stock market on the program's behalf.
AI data centers powered by off-grid power plants took a major step forward this week, a good sign for GE Vernova as industry challenges pile up.
Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt.
About 40 million SpaceX shares are sold short, roughly 5% to 7% of the shares that are publicly available to trade, according to an estimate by S3 Partners.
Gains have been pared back at the space and AI company following an initial surge off of its record-breaking IPO.
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
The latest action against ABC comes as the broadcaster faces two investigations from the Federal Communications Commission.
The loans will support the construction of five projects that each host two big nuclear reactors.
Ten years after the Brexit vote, CNBC compiled these charts show how the U.K. has changed across growth, immigration, sterling, trade and politics.