Cerebras shares plummet 16% after results fail to impress investors
By Anhata Rooprai and Max A. Cherney Aug 12 (Reuters) – AI chip designer Cerebras Systems slumped 16%…
SoundHound AI Reports Record Q2 and All Time High Revenue of $61.9 Million, Up 45%, Raises Full Year Outlook
SoundHound AI Delivers strong growth with OASYS driving significant enterprise AI adoption; improves all key profitability metrics Delivers…
Apple is growing without the AI spending spree engulfing Big Tech: Chart of the Day
Apple (AAPL) is growing like an AI spender. It is not spending like one. Apple shares sank 9%…
Super Micro sees strong margins, books $60 billion in orders; shares jump
July 21 (Reuters) – Super Micro Computer said on Tuesday it had secured more than $60 billion in…
Supermicro stock jumps on gross margin raise amid record $60 billion backlog
What happened: Supermicro (SMCI) stock jumped 18% in after-hours trading on Tuesday. What’s behind the move: The AI server…
Micron stock soars after blowout earnings expose AI’s memory bottleneck
The AI memory scare ran straight into Micron’s (MU) profit machine on Wednesday, sending its stock surging as…
Micron’s blowout earnings just reset the AI memory trade
The AI memory scare ran straight into Micron’s profit machine Wednesday. Micron (MU) and SK Hynix (000660.KS) had…
Cerebras Systems Announces Strong First Quarter 2026 Results
Cerebras Systems Inc. GAAP quarterly revenue of $193.4 million; record core revenue of $191.3 million, up 92% from…
Cerebras shares drop on earnings debut, with margins below AI chip rivals
By Stephen Nellis and Juby Babu June 23 (Reuters) – Cerebras Systems on Tuesday forecast 2026 revenue that…
The Billionaire Who Called the 2008 Bubble Just Dumped Google to Buy These 5 AI Hardware Stocks
Quick Read Druckenmiller dumped Alphabet and rotated into AI hardware plays SNDK and MU, which surged 4,586% and…
Trading at 7x Earnings in an AI Boom? This Is the ‘Stupid Cheap’ Stock Your Financial Advisor Won’t Tell You About
Quick Read Micron (MU) reported fiscal Q2 2026 revenue of $23.9B, up 196% year-over-year, with Q3 guidance for…
ServiceNow Had Problems Long Before Agentic AI. Here’s Why.
Over the last couple of months, some growth investors have rotated away from SaaS stocks over fears that…