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Cerebras Soars on Sales; Cisco Down on Expectations Miss | Stock Movers

On this episode of Stock Movers: - Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. - Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the …

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BloombergLean L·1h ago
Cerebras Soars on Sales; Cisco Down on Expectations Miss | Stock Movers
On this episode of Stock Movers: - Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. - Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the …
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Cerebras Soars on Sales; Cisco Down on Expectations Miss | Stock Movers

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Cerebras Soars on Sales; Cisco Down on Expectations Miss | Stock Movers

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