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Bloomberg Television · Cerebras’ IPO Price Soars | Closing Bell
- 1. Cerebras Systems debuted strongly, closing up 68% after over 25 times oversubscription.
- 2. Cisco shares surged 13% on strong forecasts and its strategic pivot to AI.
- 3. Ford rallied significantly as investors embraced its $2 billion pivot into energy storage.
- 4. Boeing shares fell despite China's order for 200 planes, fewer than analysts anticipated.
- 5. Bond market yields remain high, reflecting inflation concerns and expected Fed rate hikes.