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Cerebras shares rose 18% after the company beat expectations on quarterly revenue and announced a new deal with Microsoft, according to CNBC Top News. Cerebras has also partnered with major cloud providers Amazon and Oracle. The available excerpt gave no revenue figures or details of the Microsoft agreement.

Sources:CNBC Top News

1 outlet · 1 article · first seen Nov 12, 5:00 PM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLK closed at 173.77, down 0.34%, on 2026-11-12. Listed for: Technology sector ETF.

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