Cerebras, FedEx, Atlantic Int, Backblaze, Tesla Report
Cerebras Systems, FedEx, Atlantic International, Backblaze, and Tesla are on investors' radars after reporting earnings and making significant announcements
S. 03. 72, with an intraday high of $237 and a low of $210. 73.
04. 6 million. 3 million, driven by 60% growth in hardware revenue and 167% growth in cloud and services revenue. The company guided for full-year 2026 core revenue of $855 million to $865 million, representing approximately 69% year-over-year growth at the midpoint, with core gross margins expected between 38% and 41%.
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01. 74. 96 per share. 10 per share.
3 billion in cash and cash equivalents and said it plans to repurchase up to $1 billion of stock through the remainder of 2026. 33. 98. 41.
39 in extended trading. Atlantic International’s Circle8 Group secured a public-sector framework agreement through a competitive procurement process involving 16 participants, with a minimum contract value of approximately $52 million over four years. The company said the award expanded its public-sector footprint in Europe. The new agreement, combined with a previously announced public-sector contract worth an estimated $380 million, brought the total value of recent public-sector awards to more than $430 million.
CEO Jeffrey Jagid said the wins reflected the company’s ability to deliver workforce solutions for large organizations across Europe. 62. 26. 48 in the after-hours trading.
Backblaze announced a five-year, $335 million agreement to provide multi-exabyte data storage services to CoreWeave, supporting portions of the AI cloud provider’s managed storage infrastructure and enabling additional storage tiers for customers without requiring code changes. 06. 77. On Tuesday, Tesla CEO Elon Musk and the company’s AI chief Ashok Elluswamy disputed claims that Tesla’s Full Self-Driving system caused a fatal June 19 crash in Katy, Texas, that killed 76-year-old Martha Avila Mantilla.
They said the driver had manually overridden the system by fully depressing the accelerator, with the vehicle reaching 73 mph before impact. The National Highway Traffic Safety Administration said it was investigating the crash after the driver claimed the vehicle was operating on Autopilot. Benzinga Edge Stock Rankings indicate Cerebras stock doesn’t check out on Short, Medium and Long Price Trends. Read Also: Nancy Pelosi Stock Tracker Highlights A Congressman's EQT Buy And A Major Pipeline Decision Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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