Today’s Top Stories: Cisco, Cerebras, S&P 500 Record and Bill Ackman’s Netflix Return
TLDR Cisco fell 6-7% despite record revenue of $17.3 billion as margin decline worried investors Cerebras dropped 15-17% after earnings despite 70% revenue growth year over year The S&P 500 hit a fresh intraday record helped by softer-than-expected inflation data Oil prices fell over 2% after a record U.S. crude inventory build of 17.4 million
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