Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

Published on June 24, 2026
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
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AI was supposed to kill engineering jobs, but new data suggests they're the most resilient

June 24, 2026
While AI dominates the layoff narrative, engineers as a share of total new hires have actually increased, according to SignalFire data.

Elon suffers another day short of trillionaire status

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Right now he's merely a several-hundred-billionaire, according to Bloomberg's Billionaires Index.