Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's

market-moving events, along with the weekend's top news and analysis.

Hello, today is Sunday May 10th, and I'm your host, Kim Kahn.

As earnings season winds down, attention is shifting to the IPO market.

AI chipmaker's Cerebrus Systems headlines a busy week for new listings. Reports indicate the company may

raise its price range to $125 to $135 per share as soon as Monday, lifting the potential proceeds

to about $3.78 billion from $3.5. The deal has reportedly attracted orders more than 20

times the shares available, and the range could still move higher. As it stands, Cribus plans to sell

28 million shares on the NASDAQ under the ticker symbol CBRS, with Morgan Stanley, Citigroup,

Barclays, and UBS, leading the underwriting syndicate. Also expected to begin trading

are geothermal developer Fervo Energy, which has a data center partnership with Google,

and Data Center REIT Blackstone Digital Infrastructure Trust, both with projected valuations north

of $5 billion. Other IPAs slated for the week include GMR Solutions, Eagle Rock Land,

and Riku Dining Group.

On the earnings calendar, applied materials take center stage Thursday.

Investors are looking for another beaten race quarter from one of the market's key AI infrastructure beneficiaries.

The primary growth drivers remain gate all-around transistor demand and high bandwidth

memory.

Amat's $5 billion Epic Center initiative is also in focus with investors watching for updates

on customer co-development, commercialization timelines, and the strength of AI-related demand.

China remains the principal risk. Management has already flagged a potential $600 million

revenue headwind in 2026 full year,

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