late Wednesday beat Wall Street's adjusted sales target for the second quarter and guided well above views for the full year. But Cerebras stock fell in extended trading. The Sunnyvale, Calif.-based maker of chips and infrastructure for artificial intelligenc…
stock investors spent the lion's share of the post-IPO period questioning if its expensive AI push deserves any value. Subsequently, the stock's steep slide sharpened that skepticism. Nevertheless, analysts felt SpaceX was being valued purely on a single reve…
Erock Inc. (NYSE:EROC) jumped by 22.84 percent on Wednesday to finish at $13.82 apiece amid the long-term growth prospects from its recent deal with Anthropic that boosted its backlog to close to $2 billion. In an updated report on the same day, the onsite po…
Jiangsu Niobium Optoelectronics Technology, a Chinese maker of thin-film lithium niobate (TFLN) photonic chips, has closed a Series B funding round worth several hundred million yuan as demand for AI data center interconnects rises. Lenovo Capital joined the …
Cisco Beats on Sales Outlook, Citing ‘Broad-Based’ Record DemandBloomberg.com Cisco's stock drops despite earnings, revenue beatCNBC Cisco forecasts annual revenue above estimates on sustained AI spendingReuters Cisco Reports Sharp Jump in Profit as AI Orders…
