Cerebras drops 17% after weaker 2026 margin outlook rattles investors
What's new: The AI chipmaker guided core gross margin to 38%-41% for the year, down from 47% in the first quarter.
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#Taiwan Semiconductor Manufacturing Co
Emerging-market profits beat estimates for first time since 2022
Why it matters: Stronger earnings across Asian tech, Indian energy and Brazilian utilities bolster the case that this year’s nearly 30% rally has firmer footing.