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Brazilian Outlook

Cerebras Stock Falls Despite Q2 Sales Beat


Cerebras Systems (CBRS) late Wednesday beat Wall Street’s adjusted sales target for the second quarter and guided well above views for the full year. But Cerebras stock fell in extended trading. The Sunnyvale, Calif.-based maker of chips and infrastructure for artificial intelligence lost $2.98 a share on core sales of $209.9 million in the June quarter. In the second quarter…

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