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Morgan Stanley raised its price target for AI chipmaker Cerebras Systems from $273 to $279.

2026-08-13

Morgan Stanley raised its price target for AI chipmaker Cerebras Systems from $273 to $279.

Other News
2026-08-12

At its 2026 Q2 earnings call, Tencent Chief Strategy Officer James Mitchell said domestic token prices for the company’s AI cloud business are low but token production costs are far lower than market expectations, allowing the token business to remai

At its 2026 Q2 earnings call, Tencent Chief Strategy Officer James Mitchell said domestic token prices for the company’s AI cloud business are low but token production costs are far lower than market expectations, allowing the token business to remain gross-margin positive. He said WorkBuddy’s paid-user gross margin and margins on Tencent’s model services are already comparable with Tencent Cloud overall. WorkBuddy’s aggregate margin is lower because Tencent is subsidizing free users to grow share, but the paid cohort is generating healthy gross margins.
2026-08-13

White House Press Secretary Levitt: President Trump has asked me to continue serving as his senior advisor outside the party, and I will always be a staunch advocate for MAGA and the Republican Party.

White House Press Secretary Levitt: President Trump has asked me to continue serving as his senior advisor outside the party, and I will always be a staunch advocate for MAGA and the Republican Party.
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