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Premarket Movers | Cerebras Systems Plunges More Than 17%; Cisco Drops over 4%; CuriosityStream Soars 31%; Ondas Holdings Jumps 4%; LUNR Rises 1%

Tiger Newspress08-13

Cerebras Systems tumbled over 17%. Shares fell after Q2 revenue was $180.11 million versus $194.23 million expected, while full-year revenue and margin guidance were raised.

Cisco slid over 4%. The stock reversed despite an 18% Q4 revenue increase to $17.3 billion and FY2027 revenue guidance of $72.2 to $73.4 billion, as investors questioned AI order durability.

Ondas Holdings surged 4.5% in premarket trading, as the stock gained momentum ahead of its upcoming quarterly earnings release, fueled by a series of positive catalysts including a new analyst Buy rating, the completion of a major acquisition, and robust defense contract wins.

CuriosityStream shares rose 31% after it posted Q2 net income of USD 8.9 million, up 1,033%, as revenue rose 22% to USD 23.2 million. Gross margin widened 19.4 percentage points to 72.8%; licensing revenue climbed 48% to USD 14.1 million.

Intuitive Machines rose over 1%. The move followed a director's filing disclosing the sale of 267,448 shares for $4.33 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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