Bloomberg Podcasts · AI Chipmaker Cerebras Climbs 68% After Year’s Biggest IPO | Bloomberg Intelligence

1. 1. AI chipmaker Cerebras went public at $185 per share, quickly trading up to over $300, making it the largest chip IPO in US history with over $5.5 billion raised.
2. 2. Cerebras, with a $65 billion market cap and $500 million in trailing revenue, is considered one of the most expensive chip stocks as it positions itself as a competitor to Nvidia.
3. 3. SpaceX is expected to file for its public listing next week, aiming to raise $75 billion, setting the stage for one of the largest IPOs possibly before June 10th.
4. 4. Design software company Figma is showing rebounding growth and improving AI consumption, despite its stock previously dropping 80% due to fears of AI disruption.
5. 5. The two-year partnership between Apple and OpenAI is reportedly strained due to OpenAI's competitive moves, including poaching Apple engineers and attempting to develop a device to rival Apple.
6. 6. Boeing's stock traded down after a new order of 200 aircraft from China, as market expectations were significantly higher, potentially for 500 to 750 planes.
7. 7. Large aircraft orders from Chinese state-owned airlines are heavily influenced by government-to-government relations, with Boeing's deals often tied to broader US trade negotiations.
8. 8. Patrick Dumont, co-owner of the Dallas Mavericks, plans to build a new arena and luxury resort in Dallas and aims to bring gambling to the city.
9. 9. Las Vegas has rapidly become a major sports market, with the Las Vegas Raiders valued at $9.9 billion and potential for an NBA expansion team.
10. 10. The 2026 World Cup halftime show will feature Madonna, Shakira, and BTS, selected to appeal to diverse demographics and potentially electrify the US football fanbase.