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Cerebras IPO filing points to a recurring concern in AI: customer concentration

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The much-anticipated IPO by Cerebras Systems — the first chip maker of the AI era to go public — also included information on the concentration of its customers, an issue investors are seeing at other AI hardware companies.

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ETFs that buy Chinese stocks struggle lately amid ‘lost faith’ in China stimulus

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Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China’s stimulus announcement in September.

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Space stocks climb again as ‘momentum sector’ drives gains

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Space stocks were climbing again Wednesday as the sector resumed its recent rally against a backdrop of several high-profile launches. 

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Telecom exec pleads guilty to stealing $100 million from fraud-plagued government program

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Issa Asad admitted to submitting phony customer data for years to Lifeline, an FCC program providing discounted telephone and internet service to low-income Americans,

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