US stocks on the move: Cerebras, Nvidia, Microsoft
NVDA•Cerebras lifted its annual revenue forecast, Nvidia headed for its longest weekly losing streak since 2012, and Microsoft shares fell as an outage passed 12 hours.
NVDA•NVDA•NVDA•Cerebras lifted its annual revenue forecast, Nvidia headed for its longest weekly losing streak since 2012, and Microsoft shares fell as an outage passed 12 hours.
Cerebras shares jumped after the company lifted its annual revenue forecast. Nvidia was headed for its longest weekly losing streak since 2012 as Jensen Huang’s resignation rattled the AI trade, while Microsoft shares fell as an outage stretched past 12 hours. Crypto-linked shares fell as bitcoin slid to a more than three-month low; Virgin Galactic forecast fourth-quarter cash burn above estimates, and Modine jumped on a report of Samsung acquisition talks.
