Cerebras Targets $34B IPO Valuation, Hims Shares Tank on EPS Miss
Cerebras Targets $34B IPO Valuation, Hims Shares Tank on EPS Miss  
Podcast: The Rundown
Published On: Tue May 12 2026
Description: Market update for Tuesday May 12, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today’s episode, Zaid covers:April CPI coming in hot at 3.8%, the highest inflation reading since May 2023eBay rejecting GameStop’s $55B+ takeover offerCerebras raising its IPO price range as AI chip demand heats upWendy’s stock surging on reports Nelson Peltz may pursue a take-private bidHims & Hers shares falling after its GLP-1 pivot comes with higher costsNetflix revealing it spent $135B on films and TV shows over the past decade