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Today, June 24, 2026, the Dow edged upwards as falling crude prices helped offset tech valuation worries.

TODAY'S MARKETS Oil prices on Wednesday fell toward prewar levels, while tech stocks struggled to shake off AI-bubble fears. Brent crude dropped 4.3% to $73.74 a barrel, only slightly above its last closing price just before the Iran war started.

Cerebras stock sinks on disappointing Q2 margin guidance. But Morgan Stanley recommends buying the post-earnings dip in CBRS shares.

The offering would be one of the biggest share sales in history, comparable to Saudi Aramco’s 2019 initial public offering and surpassing Alibaba’s U.S. ADR offering in 2014. Micron Technology shares were up about 10% in aftermarket trading. The chip maker reported fiscal third-quarter results after the close that beat consensus revenue and earnings estimates.

Cerebras posted its debut earnings Wednesday, then watched shares drop 20% after guiding full-year margins lower. But don’t count out OpenAI’s chip designer yet.

Cerebras Systems (CBRS) posted its first earnings report as a public company on Tuesday, and the numbers pulled in opposite directions. Revenue nearly doubled. The stock fell anyway, dropping 10.5% in extended trading, according to a Seeking Alpha report. The disconnect is the story. Cerebras ...

Yahoo Finance's Josh Lipton takes a closer look at some of Wednesday's trending tickers and stories, including Broadcom's (AVGO) partnership with OpenAI (OPAI.PVT), Cerebras's (CBRS) first quarterly earnings report, and Wendy's (WEN) meme stock status.

Tech stocks declined late Wednesday afternoon, with the State Street Technology Select Sector SPDR E

After a blockbuster IPO, investor expectations were running high, and even great wasn't good enough.

Investing.com -- Cerebras Systems CEO Andrew Feldman said Wednesday that investors "misunderstood" the artificial intelligence chipmaker's margin guidance after shares fell more than 17% following the company's first earnings report since going public.

OpenAI is testing Jalapeno chips as Broadcom expects data center deployment later this year.

Wall Street remains bullish on the AI hardware and infrastructure company, with all 10 analysts covering the stock continuing to rate it a ‘Buy’ or higher.

All three major US stock indexes rose around midday on Wednesday as oil prices fell and investors lo

In a market jittery about anything AI-related, it’s little wonder that Cerebras’s projection of narrower profit margins in its financial results Tuesday caused a scare. Another is whether it can capitalize on the fact that the way its AI processors are produced means it doesn’t need memory chips that are in short supply. Cerebras said in listing documents that about 86% of its revenue last year came from customers in the United Arab Emirates who have tapped it to set up AI infrastructure for them.

Cerebras Systems stock fell Wednesday after the AI chipmaker delivered its first quarterly report as a publicly-traded company.

Cerebras stock is down 45% from its IPO. There's a reason for that.

Cerebras Systems (CBRS) reported relative upside to initial expectations, and although there were no

Cerebras shares plunged Wednesday following the AI chipmaker's first quarterly results as a public company.

Cerebras Systems (NASDAQ:CBRS) shares fell 14% to about $194 on Tuesday after the artificial intelligence chipmaker reported better-than-expected first quarter results and raised its full-year revenue outlook, but forecast a sharp decline in gross margins for the current quarter. The company,...

Cerebras Stumbles After Earnings as Margin Concerns Eclipse Growth Story

Cerebras beat first-quarter estimates, but capacity costs and AI chip expectations weighed on shares.

Cathie Wood and ARK Invest on Tuesday purchased $49 million of Amazon, Tesla, Alphabet, Palantir, CoreWeave and Cerebras.

Full-year gross margin guidance of 38% to 41% falls short of Nvidia and AMD

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

AI stocks mount a comeback after getting hammered the previous session on worries about leverage in the market and higher rates.

The company nearly doubled revenue in its first quarter as a public company, but forecast a sharp drop in gross margins for the rest of the year

Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins ‌would undershoot first-quarter figures in its debut earnings following a ‌blockbuster initial public offering. Cerebras forecast adjusted gross margins of 38% to 41% for 2026, compared with the 47% it reported ‌for the first quarter. The ⁠projection is far below those of rivals such as Nvidia's mid-70% range and Advanced Micro Devices' mid-50%, even as it ⁠came above analysts' estimates of 29.58%.

Shares of (NASDAQ:CBRS) fell roughly 14% in premarket trading on Wednesday after the AI chipmaker delivered mixed first-quarter 2026 results, with strong revenue growth overshadowed by an earnings miss and weaker margin guidance. The company, which describes itself as the builder of “the world’s fastest AI infrastructure,” reported revenue of $193.

↘️ Cerebras Systems (CBRS): The chip maker, which went public in May, said it expects its operating margins to remain negative through the end of the year, a sign of the heavy cost of the AI buildout.

June 24 (Reuters) - S&P 500 and Nasdaq futures inched higher on Wednesday after two straight sessions of declines, as investors returned to technology shares following a sharp selloff that saw the