Cerebras Stock Has Been Cut in Half. It Still Trades at About 145 Times Next Year’s Expected Earnings.
Cerebras Systems shares trade about 52% below their post-IPO peak, yet the stock still costs roughly 145 times next year's…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Intel, SK Hynix Shares Jump on Reports of US Memory Chip Talks
Intel and SK Hynix shares rose after Reuters reported the two companies are in talks over producing memory chips in…
JPMorgan Chase Shares Rise After Upbeat Third-Quarter Revenue Outlook
JPMorgan Chase shares rose after Co-President Doug Petno told a Barclays conference that third-quarter investment banking fees and markets revenue…
Tech stocks slide on AI slowdown fears, but Truist sees an overreaction
Calls from AI leaders to slow model development have weighed on tech stocks, but a Truist analyst says the sell-off…
The Fed’s Likely Rate Hike Hits CoreWeave and IREN in Different Ways
Goldman Sachs and JPMorgan expect the Federal Reserve to raise rates 25 basis points this week, with futures pricing roughly…
