Tech Powers Records as Cerebras Roars | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Kristal Research Desk

Kristal.AI

15 May3 min

Your 3-minute daily market update - simplified for busy investors.

Today: S&P 500 hits record 7,501 (+0.76%), Dow crosses 50,000 for the first time since February, Cerebras nearly doubles on IPO day to $95B valuation in the biggest US tech listing since Uber, Cisco surges +13.5% on $9B AI order guidance and 4,000 job cuts, Nvidia hits $5.7T market cap as US clears H200 chip sales to Chinese firms, Trump-Xi summit Day 1 delivers 200 Boeing jets and Hormuz commitment but Xi warns sharply on Taiwan, Klarna swings to profit, and Fed's Miran resigns to make way for new Chair Warsh.

📈 What moved markets 💼 Biggest stock winners & losers 🌍 What to watch tomorrow

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