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Cerebras raised full-year guidance in its second post-IPO earnings report but saw its stock plunge approximately 14% in extended trading, despite beating analyst revenue expectations.
Cisco shares declined in after-hours trading following stronger-than-expected earnings and revenue guidance, despite analyst optimism about the company’s growing role in artificial intelligence infrastructure spending.
Berkshire Hathaway Class B shares closed nearly 1% lower despite CEO Greg Abel’s strong first annual meeting performance and the conglomerate posting 18% first-quarter operating earnings growth.
AMD stock fell 7% after strong earnings, as CEO Lisa Su dismissed Elon Musk’s comments about SpaceX’s exclusive commitment to Nvidia chips.
Getty Images reported Q2 revenue declines attributed to the failed Shutterstock merger pursuit and structural headwinds in its Agency business, while shifting iStock strategy toward premium offerings and positioning itself as a provider of authentic, rights-cleared content.
Quantum Computing, Inc. reported strategic shifts toward commercial quantum product manufacturing following recent acquisitions, with management targeting expanded sales following a new Chief Revenue Officer appointment.
