Cerebras Systems experienced a 23% increase in stock prices after announcing adjusted revenue guidance for 2026. The company reported a quarterly profit of $29.82 million, surpassing analysts’ expectations of a loss. Cerebras also revealed a significant rise in cloud and services revenue, driven in part by its OpenAI agreement. Additionally, the company has signed a cloud services deal with Microsoft, with more details to come.
Fed officials signal further rate hikes as inflation remains elevated
Federal Reserve officials are signaling further interest-rate increases to combat persistent inflation pressures in the economy. San Francisco Fed President Mary Daly expressed concerns about
November 13, 2026