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A number of stocks fell in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.
Cerebras reported a Q1 loss of $0.22 per share, above analyst expectations of a loss of $0.16 per share.
Global stocks extended losses on Tuesday in a sell-off driven by chipmakers and other tech companies that have recently benefited from market enthusiasm for the prospects of artificial intelligence. The tech-heavy Nasdaq composite index was down 2.21 percent at the market’s close. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Among the main drivers were Sandisk and Micron Technology, which specialize in memory and storage. Both wer
A number of stocks fell in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.
FedEx reported Q4 earnings and revenue that beat Wall Street expectations.
In the closing of the recent trading day, Teradyne (TER) stood at $420.12, denoting a -8.07% move from the preceding trading day.
In the most recent trading session, Star Bulk Carriers (SBLK) closed at $26.98, indicating a +1.73% shift from the previous trading day.
In the latest trading session, VALE S.A. (VALE) closed at $15.31, marking a -2.55% move from the previous day.
The latest trading day saw Carvana (CVNA) settling at $64.83, representing a -2.76% change from its previous close.
Toast (TOST) concluded the recent trading session at $24.51, signifying a +1.03% move from its prior day's close.
GE Vernova (GEV) closed at $1 in the latest trading session, marking a -8.21% move from the prior day.
Aptiv PLC (APTV) closed at $61.42 in the latest trading session, marking a -3.38% move from the prior day.
In the closing of the recent trading day, Amkor Technology (AMKR) stood at $86.72, denoting a -7.3% move from the preceding trading day.
Investing.com -- Shares of Cerebras Systems tumbled over 9% in after-hours trading Tuesday after the newly public chipmaker served up a mixed bag for its first quarter of 2026. While the self-proclaimed builder of "the world's fastest AI infrastructure" beat revenue expectations of $180.8 million with a $193.4 million haul, it missed the mark on the bottom line, reporting earnings of $0.22 per share versus analysts' consensus expectations of a $0.16 per-share loss.
In the closing of the recent trading day, Take-Two Interactive (TTWO) stood at $242.64, denoting a +1.28% move from the preceding trading day.
Sterling Infrastructure (STRL) closed the most recent trading day at $892.25, moving 4.34% from the previous trading session.
In the most recent trading session, Modine (MOD) closed at $277.46, indicating a -6.13% shift from the previous trading day.
Lam Research (LRCX) concluded the recent trading session at $371.33, signifying a -9.33% move from its prior day's close.
Freeport-McMoRan (FCX) closed at $64.4 in the latest trading session, marking a -6.95% move from the prior day.
The latest trading day saw Agnico Eagle Mines (AEM) settling at $160.16, representing a -4.01% change from its previous close.
The latest trading day saw Super Micro Computer (SMCI) settling at $33.32, representing a -6.03% change from its previous close.
In the latest trading session, Paypal (PYPL) closed at $41.7, marking a -1.51% move from the previous day.
In the latest trading session, Vertiv Holdings Co. (VRT) closed at $318.32, marking a -11.07% move from the previous day.
The latest trading day saw Bristol Myers Squibb (BMY) settling at $55.53, representing a +1.52% change from its previous close.
Boeing (BA) reached $216.71 at the closing of the latest trading day, reflecting a -1.87% change compared to its last close.
Arista Networks (ANET) closed at $162.2 in the latest trading session, marking a -7.08% move from the prior day.
Applied Materials (AMAT) closed at $585.88 in the latest trading session, marking a -8.48% move from the prior day.
The latest trading day saw Uber Technologies (UBER) settling at $69.67, representing a -2.46% change from its previous close.
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