Dow futures up 100 points as U.S. stock futures rise. Cerebras Systems Inc shares down after worse-than-expected quarterly sales. Other stocks also fall.

Cerebras Systems shares are soaring Wednesday as investors position ahead of its Q2 results, due after the market closes today.

Aug 12 : AI chip designer Cerebras Systems slumped 16 per cent in extended trading on Wednesday after missing quarterly revenue estimates, suggesting that Wall Street was ready to…

Cerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw a remarkable increase, hardware sales…