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AI Demand Is Booming. So Why Are CBRS and CSCO Sinking?
Benzinga Prediction Markets42d agoneutral
AI Demand Is Booming. So Why Are CBRS and CSCO Sinking?

Cerebras Systems Inc. (NASDAQ:CBRS) and Cisco Systems Inc. (NASDAQ:CSCO) were sinking Thursday despite both companies delivering fresh evidence that the AI infrastructure boom is alive and well. The problem may not be demand. It’s what investors now expect companies to...

Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers
Bloomberg42d agobearishVIDEO
Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers

On this episode of Stock Movers: - StubHub (STUB) shares are dropping after the company reported earnings per share for the second quarter that missed the average analyst estimate. - Birkenstock (BIRK) is rallying after the footwear maker boosted its adjusted Ebitda forecast for the full year. The German company also reported better-than-expected sales for the second quarter. - Cerebras (CBRS) is lower after the company projected slower growth than some investors anticipated, causing its shares to fall in premarket trading.

Cerebras stock falls on earnings disappointment despite guidance raise
Proactive42d agobearish
Cerebras stock falls on earnings disappointment despite guidance raise

Cerebras Systems Inc (NASDAQ:CBRS) shares fell 11% Thursday after the AI chipmaker reported second-quarter revenue below Wall Street estimates, even as the company raised its full-year guidance. The company posted second-quarter revenue of $180.1 million, missing the $194 million analyst...

Cerebras Systems (CBRS) Is Up 22.3% After Deepening Shift To Cloud Inference And New Equity Shelf - Has The Bull Case Changed?
Simply Wall St.42d agoneutral
Cerebras Systems (CBRS) Is Up 22.3% After Deepening Shift To Cloud Inference And New Equity Shelf - Has The Bull Case Changed?

Cerebras Systems recently reported second‑quarter 2026 results showing revenue rising to US$180.11 million while moving from a US$309.51 million net income to a US$450.53 million net loss, alongside the closing of a large shelf registration for Class A and B shares. At the same time, Cerebras highlighted rapid growth in its cloud inference business and new partnerships such as Lovable, underscoring a shift from hardware sales toward higher‑speed AI services. We’ll now examine how this move...

Cerebras slumps as mixed quarterly results test AI growth narrative
Reuters42d agobearish
Cerebras slumps as mixed quarterly results test AI growth narrative

Cerebras Systems slumped over 18% premarket on Thursday after it missed key estimates despite soaring cloud revenue, raising ‌doubts about the ability of its AI chips to challenge Nvidia. Expectations ‌were high for AI-linked companies including Cerebras and networking equipment maker Cisco, given the strong ​run-up in shares driven by Big Tech's ballooning spending, set to cross more than $740 billion for this year. Here are some details: • Cerebras, in its second earnings report as a public company, offered a mixed picture as it ‌increasingly derived revenue from cloud ⁠computing rather than its AI chips.

Cerebras Sees Neo-Clouds Breaking Away From NVIDIA Dependence — Calls 2027 Opportunity ‘Large’
Benzinga42d agoneutral
Cerebras Sees Neo-Clouds Breaking Away From NVIDIA Dependence — Calls 2027 Opportunity ‘Large’

Cerebras Systems Inc. (NASDAQ:CBRS) stock is falling in premarket trading Thursday after the company reported mixed second-quarter results after Wednesday’s market close.Cerebras Earnings SnapshotCerebras reported an adjusted loss of 4.5 cents per share, narrower than the analyst estimate for a loss of 17 cents per share. Meanwhile, sales of $180.11 million fell short of the $194.20 million consensus estimate. Core revenue reached a record $209.9 million, up 103% year over year and above the com