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On this episode of Stock Movers:- Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm's contract with OpenAI. - Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the previous period. - Shares of Applied Materials (AMAT) inched higher after the company reported fourth-quarter results that beat expectations and gave an outlook for adjusted first-quarter earnings that is stronger than expected. View Comments
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