Headlines
•Cerebras IPO closes with market cap below $100B — Meta and Alibaba remain only tech IPOs above that threshold
•Applied Materials beats Q2 earnings expectations — shares surge on strong outlook
•OpenAI prepares legal action against Apple over ChatGPT deal — partnership failed to generate expected subscribers
•Uber analyst fair value estimate revised to $105.01 from $103.46 — modest shift reflects reassessment of autonomy deals
•Brookfield invests $500M in OpenAI deployment platform — BN stock rises 5.3%
•Figma Q1 earnings beat — Stock jumps on customer expansion
•Rumble Q1 revenue miss — Stock drops 7.4% sales growth to $25.46M, GAAP loss $0.12 per share