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Strategy Drops, Cerebras Systems Jumps, Modine Manufacturing Surges on Samsung Talks
11/13/2026 | 3 mins.On this episode of Stock Movers:
-Strategy (MSTR) shares drop as MSCI Inc. is dropping the Bitcoin treasury firm from its global equity benchmarks effective Nov. 30.
-Cerebras Systems (CBRS) shares jumped by the most in five months after the company gave a sales forecast for the current quarter that exceeded analysts’ estimates, signaling that a push to challenge Nvidia Corp. in artificial intelligence chips is paying off.
-Modine Manufacturing (MOD) shares surge. Samsung Electronics Co. is in talks to acquire Modine Manufacturing Co., a maker of cooling systems for data centers, according to people familiar with the matter.
See omnystudio.com/listener for privacy information.- On this episode of Stock Movers:
- Nvidia (NVDA) shares drop, returning to levels last seen in June 2025. Jensen Huang had resigned as president, chief executive and board member, effective immediately.
- Microsoft (MSFT) shares are down. Microsoft Corp. said it was making progress in efforts to restore access to its flagship software and end an outage that has paralyzed government offices, traders and businesses globally.
- Cisco (CSCO) shares fall after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the previous period. Gross margins are seen coming under pressure in the next few quarters as revenue has become more reliant on AI hyperscalers.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. The company said on an earnings call that it cannot find enough cloud capacity and is running behind schedule, but rumors that Cerebras can’t support OpenAI models due to technical reasons are “false” and it should be back on track in 2H of next year.
- Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the previous period. Gross margins are seen coming under pressure in the next few quarters as revenue has become more reliant on AI hyperscalers.
- Shares of Applied Materials (AMAT) inched higher after the company reported fourth-quarter results that beat expectations and gave an outlook for adjusted first-quarter earnings that is stronger than expected. The view for revenue is above the consensus at the midpoint of the range.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Nvidia (NVDA) are moving higher in premarket trading as markets weigh the Magnificent Seven powerhouse's future under new interim CEO Colette Kress. Nvidia said Thursday that Huang will no longer have ties with the chipmaker. The board, which has never had a chair before, appointed director Harvey Jones to that role.
- Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. The company said on an earnings call that it cannot find enough cloud capacity and is running behind schedule, but rumors that Cerebras can’t support OpenAI models due to technical reasons are “false” and it should be back on track in 2H of next year.
- Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from the previous period. Gross margins are seen coming under pressure in the next few quarters as revenue has become more reliant on AI hyperscalers.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
- Richemont fell as much as 9%, the biggest drop since April 2025, after results in its jewelry division missed consensus expectations for the second quarter. Jewelry remains the main driver of the group’s growth, analysts at Jefferies said.
- Wise Group shares advance as much as 9.8%, the most since June, after the UK fintech said it’s reached an agreement with prosecutors in Belgium over concerns of alleged money laundering, without admitting wrongdoing.
- CTS Eventim shares gain as much as 3.3% after third-quarter results, with Citi saying resilient Ticketing performance was offset by weaker-than-expected Live Entertainment.
See omnystudio.com/listener for privacy information.
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