Cerebras Systems (CBRS) shares surged ahead of the US market open on Friday, November 13, 2026, after the chipmaker delivered sales guidance that exceeded estimates. The company also announced new partnerships with Oracle and Microsoft, though investors remain cautious about a potential delay in its contract with OpenAI.
Meanwhile, Cisco Systems (CSCO) saw its shares decline in early trading after reporting a 21% increase in product orders for its fiscal first quarter. The growth fell short of expectations and represented a slowdown from the previous period.
Applied Materials (AMAT) shares edged higher following the release of its fourth-quarter results, which beat expectations. The company also provided a stronger-than-expected outlook for adjusted first-quarter earnings.