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Cerebras Systems stock fell 7% to $181.40 on Wednesday, continuing a downward trend since its IPO. Investor concerns about potential loss of OpenAI business to Nvidia are contributing to the stock's decline.
U.S. stock futures fell Tuesday, while Brent crude rose 4.46% to $92.31 a barrel after Trump threatened further strikes against Iran and ruled out nuclear action.
Nasdaq Composite posts its sharpest weekly decline in months, weighed down by weakness in mega-cap technology stocks
Cerebras stock falls after initial public offering, potentially presenting a buying opportunity. The company's valuation and growth prospects are being reassessed.