Cerebras IPO filing points to a recurring concern in AI: customer concentration
The much-anticipated IPO by Cerebras Systems — the first chip maker of the AI era to go public — also included information on the concentration...
Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say
A strike along dozens of East Coast ports could cost the economy hundreds of millions of dollars a day, leaving things like cars, furniture, alcohol...
Here’s what’s worth streaming in October 2024: ‘Heartstopper,’ ‘The Diplomat,’ ‘Shrinking’ and more
Hulu’s ‘What We Do in the Shadows’ and Max’s ‘Somebody Somewhere’ return for their final seasons
CVS is reportedly reviewing its options — including a possible breakup
Drugstore chain CVS Health Corp. in recent weeks has been reviewing its options as a company — among them a potential breakup — the Wall...
Stocks, bonds up in third quarter amid ‘soft landing’ hopes — but gold beat both
Markets wrapped up a strong third quarter for stocks and bonds, as investors appeared more convinced that the Federal Reserve may pull off a soft...
AI chip startup Cerebras files for IPO, in market dominated by Nvidia
Cerebras Systems Inc., a maker of chips and other tech infrastructure for artificial intelligence, filed for an initial public offering on Monday, as more startups...
Chamber of Commerce calls on Biden to stop dockworkers strike, citing inflation fears
Big business is upping the pressure on President Joe Biden to intervene in a dockworkers strike set to begin Tuesday that could shut down ports...
Trump’s ‘DJT’ stock adds to gains to turn in strong performance for the past week
Trump Media & Technology Group Corp.’s stock rose Monday to bring its total gain for the past week up to nearly 30%, but it still...
Apple’s stock closes in on record high after upbeat call on iPhone availability
Apple Inc.’s stock surged Monday after J.P. Morgan made an upbeat call on iPhone availability, with improvement led by the iPhone 16 base models.