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Cerebras IPO, Trump-Xi summit takeaways, automaker layoffs and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
The Tech Download: Trump's China visit left chip export issue unresolved, with rare earths deal still uncertain
China President Xi welcomed deeper commercial engagement from the U.S., but uncertainty still hangs over American access to rare earths and chip sales.
Cerebras stock falls after blockbuster IPO debut — here's what's happening
Cerebras Systems' shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.
Closing arguments conclude in Musk v. Altman, jury to deliberate next week
The jury's verdict in Musk v. Altman will be advisory, and deliberations are set to begin on Monday.
Cramer backs Nvidia selling AI chips in China — but says the stock can thrive either way
CNBC’s Jim Cramer said Nvidia should be allowed to sell AI chips in China, arguing it is better to keep Chinese companies reliant on American technology.
Musk's China trip during OpenAI trial prompts apology from his lawyer for CEO's absence
Musk sued his OpenAI co-founders Sam Altman and Greg Brockman, alleging they had violated a promise to keep their company a nonprofit.
SpaceX IPO prospectus could land as soon as next week, sources say
Elon Musk's reusable rocket company is getting closer to what's expected to be a record stock market debut.
Cerebras is the hot new AI chipmaker. Here's Jim Cramer's advice on the stock
CNBC's Jim Cramer said Cerebras has a compelling AI story and promising technology, but warned the chipmaker’s valuation has become difficult to justify.
Gemini surges after Winklevoss Capital Fund invests $100 million in the crypto exchange
The company also topped revenue expectations for the quarter and posted a narrower-than-expected loss than analysts anticipated, according to FactSet.
Cramer urges investors to be more selective in the AI frenzy
CNBC’s Jim Cramer said investors should be more selective when investing in the semiconductor rally.
Cerebras IPO mints two billionaires, sets stage for potential AI wave
Cerebras closed its first day of trading with a market cap close to $100 billion and turned two co-founders into billionaires in the process.
Where Cerebras' monster debut puts in among tech's biggest IPOs
Cerebras narrowly missed out on joining Facebook-parent Meta and Alibaba with market cap of over $100 billion on the market close of IPO day.
Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker's market cap to $95 billion
Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.
Jim Cramer wants to buy this stock now 10% below its highs. Here's why
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand
Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year
Xi tells Musk, Tim Cook and other CEOs on Trump's trip: China will 'open wider'
Tesla and Space X boss Elon Musk, Nvidia's CEO Jensen Huang and Apple CEO Tim Cook were part of Trump's delegation.
Trump-Xi summit could hinge on these two crucial tech flashpoints
Access to the world's second largest economy for U.S. tech companies and talks on critical minerals could be key points of discussion.
Warsh's confirmation, Trump-Xi meeting, Cisco earnings and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Chinese companies are ramping up homegrown AI chips, even if Nvidia is coming back
Chinese tech companies have turned to domestic chips as Nvidia has remained shut out of the market.
Nvidia's Jensen Huang on China trip: ‘President Trump asked me to come’
U.S. President Donald Trump on Wednesday landed in Beijing for the high-stakes summit with China.
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