USSTOCK.TODAY
Regular Market
Log in Sign up

Cerebras Systems Secures Microsoft Cloud Deal and Raises Revenue Guidance

Nasdaq +2 · ·by G4L

MSFT Microsoft Corp
$523.00 +0.36%
View chart & analysis →
ORCL -0.99%CBRS CBRS -3.29%
  1. 1Cerebras Systems shares rose nearly 18% in pre-market trading on Friday.
  2. 2Cerebras Systems raised its 2026 core revenue guidance from $940 million to $960 million.
  3. 3Third-quarter core revenue reached $230.9 million, a 70% increase from the previous year.

So what's the key point?

Cerebras Systems signed a contract with Microsoft and increased its future revenue forecast. With third-quarter revenue growing 70% compared to last year, expectations for the company's growth are rising.

Source Nasdaq +2 · View original ↗

Related 3-line summaries

Microsoft Reevaluates Neo-Cloud Contracts as Major Tech Stocks Decline The Motley Fool +1 · 2h agoAnthropic reduces AMD chip migration time to 3 days using AI models International Business Times +3 · 3h agoMicrosoft service outage caused by infrastructure load Zero Hedge +2 · 5h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news