Fervo, Cerebras: It's a Big Week for IPOs -- WSJ

Dow Jones

05/14

By WSJ Staff

A new entrant to the Nasdaq is set to test the strength of the IPO market today-and offer investors another way to bet on artificial intelligence.

Cerebras Systems $(CBRS)$, an AI chip maker backed by OpenAI's Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.00 a share, higher than an earlier guided range, making its IPO the biggest in the U.S. so far this year.

Investors will be watching to see whether its stock pops on its inaugural day of trading, a day after another newly-listed company made a splash on its public debut.

Shares of geothermal developer Fervo Energy $(FRVO)$ soared about 35% on their first day of trading, a sign of investor appetite for energy companies as the U.S. faces record amounts of new power demand.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 14, 2026 06:45 ET (10:45 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 06:45 ET (10:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fervo, Cerebras: It's a Big Week for IPOs -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFervo, Cerebras: It's a Big Week for IPOs -- WSJ\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-05-14 18:45</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By WSJ Staff \n</p>\n<p>\n     A new entrant to the Nasdaq is set to test the strength of the IPO market today-and offer investors another way to bet on artificial intelligence. \n</p>\n<p>\n     Cerebras Systems <a href=\"https://laohu8.com/S/CBRS\">$(CBRS)$</a>, an AI chip maker backed by OpenAI's Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.00 a share, higher than an earlier guided range, making its IPO the biggest in the U.S. so far this year. \n</p>\n<p>\n     Investors will be watching to see whether its stock pops on its inaugural day of trading, a day after another newly-listed company made a splash on its public debut. \n</p>\n<p>\n     Shares of geothermal developer Fervo Energy <a href=\"https://laohu8.com/S/FRVO\">$(FRVO)$</a> soared about 35% on their first day of trading, a sign of investor appetite for energy companies as the U.S. faces record amounts of new power demand. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 06:45 ET (10:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FRVO","symbol_name":"Fervo Energy Co.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2635716115","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635716115","pubTimestamp":1778755500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"A new entrant to the Nasdaq is set to test the strength of the IPO market today-and offer investors another way to bet on artificial intelligence.Cerebras Systems , an AI chip maker backed by OpenAI's Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.00 a share, higher than an earlier guided range, making its IPO the biggest in the U.S. so far this year.Investors will be watching to see whether its stock pops on its inaugural day of trading, a day after another newly-listed company made a splash on its public debut.Shares of geothermal developer Fervo Energy  soared about 35% on their first day of trading, a sign of investor appetite for energy companies as the U.S. faces record amounts of new power demand.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FRVO":"Fervo Energy Co."},"translate_title":"Fervo、Cerebras：这是IPO的重要一周——《华尔街日报》","themeId":"4d36f29edfe7dfcfd2d83a76b3458827","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FRVO":1},"content_text":"By WSJ Staff \n\n\n     A new entrant to the Nasdaq is set to test the strength of the IPO market today-and offer investors another way to bet on artificial intelligence. \n\n\n     Cerebras Systems $(CBRS)$, an AI chip maker backed by OpenAI's Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.00 a share, higher than an earlier guided range, making its IPO the biggest in the U.S. so far this year. \n\n\n     Investors will be watching to see whether its stock pops on its inaugural day of trading, a day after another newly-listed company made a splash on its public debut. \n\n\n     Shares of geothermal developer Fervo Energy $(FRVO)$ soared about 35% on their first day of trading, a sign of investor appetite for energy companies as the U.S. faces record amounts of new power demand. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2026 06:45 ET (10:45 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}