Cerebras CEO: 'We Will Do Better' in Communicating Adjusted 'Core' Results -- Market Talk
Dow Jones2026/08/13 17:101310 ET - Traders should focus on Cerebras Systems' "core" results, CEO Andrew Feldman says in a CNBC interview, referring to adjusted metrics that exclude items such as data-center pass-through revenue and costs. "We didn't do ourselves any favors in our communication. I think we could have done better, and I think we will do better in the future," Feldman says when asked about possible confusion between the reported and core metrics. The core numbers are better for year-over-year and sequential comparisons, and are insulated from "things outside our control or one-time events," Feldman says. On a core basis, revenue grew 103%, to $209.9 million, beating Wall Street's expectation of $190.6 million. Still, shares are down 15% midday Thursday. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
August 13, 2026 13:10 ET (17:10 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oranjebtc cancels 25 million treasury shares without capital reduction
The Last Time Treasury Yields Hit 6%, Bitcoin Didn't Exist — What Happens If They Get There Again?
Goldman Sachs: AI storage chip demand is underestimated, South Korean stock market still has 80% upside potential
Goldman Sachs Asia-Pacific Chief Equity Strategist Timothy Moe maintains a KOSPI target of 12,000 points, implying an almost 80% increase from the current level. He points out that the market is systematically underestimating the sustainability of the AI storage chip profit cycle. Capital expenditures by US tech giants may exceed $1.2 trillion next year, and the chip shortage triggered by data center expansion will further intensify in 2027. The current KOSPI is trading at only 5.3 times expected earnings, about half of its historical average.
Norwegian sovereign wealth fund may cut $80 billion US Treasury holdings; high-rated mortgage securities expected to become new favorites
Norway's sovereign wealth fund, with a scale of $2.3 trillions, has recommended reducing government bond holdings and reallocating funds towards higher-yielding fixed income assets.
