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Cerebras Soars on Sales; Cisco Down on Expectations Miss | Stock Movers

Bloomberg Technology Friday 13 November 2026, 16:17 UTC 1 min read
Key Points

On this episode of Stock Movers: - Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. - Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from...

On this episode of Stock Movers: - Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. - Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the previous period. - Shares of Applied Materials (AMAT) inched higher after the company reported fourth-quarter results that beat expectations and gave an outlook for adjusted first-quarter earnings that is stronger than expected. (Source: Bloomberg)
Cerebras Soars (ORG) Cisco Down (PERSON) Stock Movers (ORG) Cerebras Systems (ORG) CBRS (ORG) US (LOCATION) Oracle (ORG) Microsoft (ORG) Cisco Systems (ORG) CSCO (ORG) Applied Materials (AMAT (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Technology Read original →

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