WS #14006
Cisco falls ~8% on margin guidance miss despite strong Q4 and $9.3B AI orders; Cerebras drops 13% on stable backlog despite revenue beat. OpenAI CRO Denise Dresser departs after 8 months, second major exec exit in days, raising governance concerns ahead of blockbuster IPO. Anthropic investors eye $2T valuation for October IPO, potentially largest ever, signaling AI sector froth. Dell (DELL) hits $500 for first time on Lenovo AI server revenue surge, adding ~$8.7B market cap. Michael Burry doubles down on NVDA short, calling $500B financing deal a 'Wall Street stunt' with 'shades of Enron', a contrarian bearish signal.
Cisco and Cerebras earnings reactions
Cisco falls ~8% on margin guidance miss despite strong Q4 and $9.3B AI orders; Cerebras drops 13% on stable backlog despite revenue beat.
OpenAI CRO Denise Dresser departs after 8 months, second major exec exit in days, raising governance concerns ahead of blockbuster IPO.
Anthropic investors eye $2T valuation for October IPO, potentially largest ever, signaling AI sector froth.
Dell (DELL) hits $500 for first time on Lenovo AI server revenue surge, adding ~$8.7B market cap.
Michael Burry doubles down on NVDA short, calling $500B financing deal a 'Wall Street stunt' with 'shades of Enron', a contrarian bearish signal.