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Cerebras Systems seeks up to $26.6B valuation in US IPO
Proactive103d agoneutral
Cerebras Systems seeks up to $26.6B valuation in US IPO

Cerebras Systems is targeting a valuation of as much as $26.62 billion in its planned U.S. initial public offering, according to its prospectus filings. The semiconductor company, which is positioning itself as a rival to Nvidia in AI hardware, is looking to sell 28 million shares of its...

Chipotle Stock Is Just Getting Started As Sales Rebound In Q1
24/7 Wall St.103d agoneutral
Chipotle Stock Is Just Getting Started As Sales Rebound In Q1

After a brutal year for shareholders, Chipotle Mexican Grill (NYSE:CMG) just delivered its first quarter of positive transaction growth in over a year. With the stock down 34.46% over the past 12 months and trading near multi-year lows, I think the setup looks compelling. Our 24/7 Wall St. price target for Chipotle is $43.34, implying ... Chipotle Stock Is Just Getting Started As Sales Rebound In Q1

ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings
24/7 Wall St.103d agoneutral
ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

ARK Space Exploration & Innovation ETF (NYSEARCA:ARKX) has rewarded patient holders lately, with shares near $33 after a 74% one-year run and a 13% year-to-date gain. That kind of move tends to bury the risk conversation. It shouldn’t. ARKX is an actively managed, non-diversified thematic equity ETF that launched in March 2021. Its mandate covers ... ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead
24/7 Wall St.103d agoneutral
Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead

The merger between Horizon Technology Finance (NASDAQ:HRZN) and Monroe Capital (NASDAQ:MRCC) closed on April 14, 2026, yet shareholders are not celebrating. The monthly distribution was already slashed from $0.11 to $0.06 per share weeks earlier, the first material reduction since the BDC stabilized its payout in early 2020. Shares trade near $4, down 31% year ... Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead

AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says
Reuters104d agoneutral
AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says

AI chipmaker Cerebras Systems, a rival to Nvidia , is scheduled to ‌kick off its IPO roadshow on Monday, ‌with shares expected to be priced between $115 and $125, a source ​familiar with the matter told Reuters. This marks Cerebras' second attempt to go public after withdrawing a previous IPO filing last October. Cerebras did not immediately respond ‌to Reuters request ⁠for a comment.