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Nebius beats quarterly revenue estimates on strong AI demand
In the latest quarterly report, Nebius achieved impressive revenue of $981 million, exceeding analyst projections of $907.5 million. The company is optimistic about future sales, forecasting between $12 billion and $13 billion by 2027. However, its revenue predictions for 2026 are slightly lower than the market's expectations. With customers opting for longer agreements at elevated prices, prepayments have significantly surpassed capital investments.
NCLT approves merger of Jana Holdings with Jana Capital
NCLT approved the amalgamation of Jana Holdings Ltd with Jana Capital Ltd effective November 3, 2026. Both companies belong to the promoter group of Jana Small Finance Bank Limited. The amalgamation aims to eliminate the Non-Operative Financial Holding Company layer while ensuring a seamless transition of assets and liabilities. Jana Holdings was established in January 2017 for regulatory compliance and will be dissolved post-merger.
Wall Street gains as CoreWeave calms AI jitters
CoreWeave's strong earnings report alleviated investor worries regarding excessive spending in the AI sector. Following this, both the S&P 500 and Nasdaq saw gains exceeding 1%. Nvidia's stock also rebounded after a significant decline linked to troubling remarks about its CEO. Moreover, the Philadelphia SE Semiconductor index experienced a 7% jump, reflecting heightened investor optimism. Overall, market activity suggested a renewed interest in technology equities amid fluctuating economic concerns.
US Stock Market today: Full list of stocks that lift S&P 500, Nasdaq, Dow Jones to new highs
US Stock Market: CBOE Volatility Index fell for the fourth straight session to close at a one-week low of 17.49. Last week, Wall Street's fear gauge hit its highest in more than seven months.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following these positive results in the tech sector. Nvidia also recovered, overcoming previous losses related to CEO controversies and market fluctuations. Meanwhile, inflation data raised expectations for an interest rate hike by the Federal Reserve in December.
CoreWeave shares surge over 26% on strong earnings, debt retreat; spark rally in battered AI cloud stocks
CoreWeave's shares experienced a significant increase of over 26% due to strong revenue growth. The company's recent earnings alleviated concerns about a potential artificial intelligence bubble and heavy borrowing. Following these results, shares of Nvidia and other neocloud companies also rose notably. Investors are reassured as CoreWeave plans to avoid unsecured debt markets in the near future. This market movement highlights optimism regarding the future of AI infrastructure investments.
US stock market today: S&P 500 and Nasdaq race towards record highs as Nvidia leads AI stock comeback, CoreWeave surges 16% – why is Dow Jones missing the rally?
US stock market rally today: The S&P 500 climbed above 7,600 in Wednesday’s early trading as investors returned to technology stocks after two sessions of heavy selling. Nvidia rose nearly 3%, while CoreWeave gained more than 16% after strong quarterly results. The Nasdaq advanced 1.30% today, but the Dow remained almost flat as the AI trade regained momentum.
US stocks: S&P 500, Nasdaq rise as CoreWeave results ease AI spending concerns
The S&P 500 and Nasdaq indices showed positive growth as CoreWeave posted impressive financial results, calming fears regarding AI expenditure. Following its projection of reaching profitability by 2028, CoreWeave's stock jumped 12.7%, boosting investor confidence about ongoing demand. AI infrastructure stocks mirrored this positive trend. Despite some volatility linked to interest rate fluctuations and inflation, most stocks rose in value, with oil prices recovering after Iran's comments.
CoreWeave stock today: Why CRWV shares jumped over 16% before market open after earnings beat and what analysts expect next
CoreWeave stock surged more than 16% in premarket trading after the company reported 168% revenue growth and raised its 2026 forecast. The upbeat results lifted investor sentiment, but its $709 million quarterly loss, heavy interest expenses and mounting financing needs continue to raise questions about the AI infrastructure company's future.
Nasdaq futures rise nearly 2% as CoreWeave earnings calm AI spending fears
Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the first half of 2028. Nvidia's shares rebounded after a significant drop attributed to CEO Jensen Huang's controversies. Meanwhile, inflation data has increased expectations of interest rate hikes from the US Federal Reserve. The bond market remained closed for the Veterans Day holiday, impacting trading.
European shares rise as Siemens Energy forecast lifts AI optimism; inflation concerns persist
European shares opened higher, supported by positive forecasts from Siemens Energy and CoreWeave, which eases AI investment concerns. The pan-European STOXX 600 index rose significantly, nearing record highs from August. However, inflation concerns, increased oil prices, and some stock losses tempered broader market optimism. Notable declines were seen in companies like Vestas and CSG due to disappointing profit forecasts.
Fed's Bowman flags persistent inflation, expects price pressure to ease next year
Fed Vice Chair Michelle Bowman flagged persistent US inflation but stopped short of calling for further rate hikes. She expects core PCE inflation to ease next year as AI-related demand pressures and geopolitical shocks fade, while highlighting risks to the economic outlook.
CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts
CoreWeave reported revenue of $3.66 billion for the third quarter ended September, up from $1.37 billion a year earlier, compared with analysts' average estimate of $3.55 billion, according to data compiled by LSEG.
Global Market Today: Asian stocks rise on CoreWeave results, bonds drop
Japan’s Nikkei 225 rose as much 0.3%, while South Korea’s Kospi swung between gains and losses. A broader gauge of Asian shares advanced 0.2%. Contracts for tech-heavy Nasdaq 100 rose 0.4% in early Asian after the underlying index dropped 0.6% in regular trading.
Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPI
Federal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose 0.3% in October. Persistent price pressures have intensified debate over tighter monetary policy and the Fed's inflation-fighting credibility.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half percentage point hike may be necessary if core prices continue rising. The Consumer Price Index showed a month-over-month increase of 0.4% in October, with core inflation remaining persistent. The bond market reacted strongly to these developments, significantly affecting Treasury yields.
Dabur hints calibrated price hikes amid inflation, focus on cost optimisation to protect margins
The company is navigating an inflationary environment, with rising crude oil prices amid the West Asia conflict adding to cost pressures across the supply chain, said Dabur India CEO (India Business) Herjit Bhalla during the post-earnings investor call last week.
Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus
Nvidia's CEO Jensen Huang is facing scrutiny, impacting investor sentiment in the tech sector. Anthropic is preparing for a huge initial public offering, potentially raising $64.4 billion. The market is anxious about upcoming inflation data that could influence stock performance. Cooling oil prices have provided some optimism among investors and pushed Dow futures higher. Concerns over the sustainability of the AI boom continue to linger in the background.
Shiprocket posts maiden profit on strong core business growth
The company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
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