Market Chatter: Arm, SoftBank Said to Have Tried to Buy Cerebras Weeks Before IPO

MT NewswiresMay 13 23:35

Express News | Arm and SoftBank previously expressed interest in acquiring Cerebras before its IPO, but the offer was rejected.

BreakingsMay 13 23:25

The Nasdaq Composite opened slightly higher, with NVIDIA up more than 2% and NEBIUS surging over 15% post-earnings.

Gelonghui, May 13 | A surge in energy prices drove the U.S. April PPI up by 6% year-over-year, marking the largest increase since 2022. The three major U.S. stock indexes showed mixed performance, with the Nasdaq rising 0.19%, the S&P 500 falling 0.03%, and the Dow Jones Industrial Average dropping 0.41%. NVIDIA rose more than 2% after the company confirmed that CEO Jensen Huang had been invited to accompany U.S. President Trump on a visit to China. NEBIUS surged over 15% as increased spending in the AI sector propelled Q1 revenue to $399 million, up 684% year-over-year and surpassing expectations. The Philadelphia Semiconductor Index climbed over 2%, with semiconductor stocks rebounding; Micron Technology gained over 5%, and GlobalFoundries rose over.

Gelonghui FinanceMay 13 21:34

Qualcomm and Micron Shares Skyrocket, What You Need To Know

Yahoo FinanceMay 13 14:04

Jim Cramer Said 'Smell' — AI Stocks Heard 'Sell'

BenzingaMay 13 02:20

Market Risks Remain? The 'Double-Edged Sword' of the AI Options Frenzy May Make NVIDIA's Earnings Report a Market Turning Point.

The frenzy in AI-related options is driving a 'rising yet stable' trend in the U.S. stock market, but the high concentration of positions poses potential risks; with the May options expiration approaching and NVIDIA's earnings report on the horizon, volatility may face a repricing window.

wallstreetcnMay 12 22:28