Cerebras Jumps 16% on Surprise Profit as Nvidia Rebounds After CEO Exit
Cerebras shot up 16% premarket after posting a surprise third-quarter profit and beating revenue forecasts. Nvidia climbed over 2%, recovering from a 4% slide tied to CEO Jensen Huang's resignation. Microsoft fell as an outage took down Outlook and other services.
- 2 sources report it: cnbc.com, 247wallst.com.
- The source published it on Nov 13, 2026 at 12:22 PM.
Nothing open. Every check passed.
Cerebras Systems shares raced 16% higher before the bell after the AI chipmaker posted a surprise profit for its third quarter. The company reported adjusted earnings of 12 cents per share, while analysts tracked by LSEG had expected a loss of 14 cents, according to CNBC. Revenue landed at $231 million, beating the $215 million forecast.
Nvidia gained more than 2% in premarket trading, clawing back part of Thursday's losses. The stock had dropped over 4% in the prior session after Jensen Huang resigned as CEO following reports of multiple affairs, CNBC reported. The rebound signals buyers are willing to step back in despite the leadership shock.
Microsoft shares stayed under pressure early Friday. An outage knocked out Outlook and other services, weighing on the stock as the week's trading wrapped up.
TopicsMicrosoft · Nvidia · Cerebras · Jensen Huang · Outlook · LSEG
Written by Paparazzi with AI. Not financial advice.
More stories
- Business & marketsx.com0viewsUS wholesale inflation climbs to 6.5%, hottest reading since November 2022
- Business & marketstheguardian.com0viewsAviva Hit by Subsidence Claims Surge After Record Hot Summer
- Business & marketscnbc.comCaught by @joko.saputra090viewsWholesale prices cool slightly in October, but annual rate hits 6.5%
- Business & marketstheblock.coCaught by @putri.siregar140viewsThree central banks wrap tokenized FX settlement test with Partior