Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration
Cerebras shares hit an all-time low due to pressure from chip giant Nvidia, plus a post-lockup selloff.
7 hours ago CNBC – Top News
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Cerebras shares hit an all-time low due to pressure from chip giant Nvidia, plus a post-lockup selloff.
The long-awaited report by the Fed's inspector general said it found no reasonable grounds to believe federal criminal law had been violated.
Anthropic will invest $100 million to train nearly 10,000 AI engineers, partnering with a number of consulting firms.
EU countries are set for crisis talks on soaring diesel prices, with officials warning a U.S. export ban could hurt Europe’s economic outlook.
U.S. Treasury yields rose despite a September jobs report came in much weaker than expected.
The FAA on Monday said it was reviewing the software glitch, which could affect procedures during certain landings.
Banks are fueling a hiring surge for AI engineers who are good at "agent orchestration" — the ability to coordinate teams of specialized agents.
It's a full-circle moment for a company that has undergone two major acquisitions within the last 18 months.
Eli Lilly and Novo are developing new amylin drugs that serve as another biological lever to pull in treating obesity and diabetes.
Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.
GM's sales of all-electric vehicles are down across the board, as enthusiasm for electric vehicles wanes.
American is joining other carriers that allow customers to book with a combination of points and miles.
Many consumers are likely on the hook for an increase of about 10% or more in 2027, experts said.
Jobs in the skilled trades are abundant as the industry struggles to keep up with job creation, an aging workforce, and high turnover rates.
An interesting tug of war is happening in one of the market's hottest sectors: utilities.
The IRS and Treasury issued a warning this week on an ETF strategy wealthy investors have been using to shield capital gains income from taxes.
Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.
Nike's shares dropped for a second straight day of declines after it reported falling revenue and plans to lay off staff.
Odds tumbled after a jobs report showed a soft labor market, leading more traders to lower the the chances of a fed funds rate increase this month.
YouTube is targeting more live sports rights. But it's more likely to buy games in bulk if there's a clear consumer proposition underlying the rights.