COREWEAVE EARNINGS
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.
D-St set for a cautious opening as GIFT Nifty signals muted start
The Nifty index showcased mixed movements on Monday, opening on a high note before being swayed by profit booking. Experts predict a period of consolidation ahead for Indian stocks amid ongoing inflation apprehensions. Global market signals are expected to play a major role in shaping market trends, especially with promising earnings forecasts and lower crude oil costs.
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.
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.
Moonshot AI rents Nvidia’s top AI chips in China, documents show
Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.
US market remains tied to tech stocks despite sharp AI sell-off
The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections may result in reduced data center spending. Despite recent declines, the technology sector remains dominant within the S&P 500 index. Upcoming technology earnings reports and the potential IPO of AI lab Anthropic are closely watched by investors.
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Banks, investors grow wary of AI debt, spooked by market selloff
Some banks, which just a few weeks ago were lining up to fund AI deals, are now telling market participants they would be reluctant to finance additional deals even when they involve guarantees from the sector's marquee technology companies, according to several banking and credit sources.
US stocks face volatile week as AI selloff, inflation data and tech earnings loom
US stocks face a volatile week as investors brace for October CPI inflation data and key tech earnings following a sharp AI-led selloff. Regulatory concerns post-US midterms, alongside Fed rate hike expectations, have pushed the Nasdaq into correction territory despite the S&P 500 maintaining gains for 2026.
US Stock Market prediction: S&P 500, Nasdaq, Dow Jones look to start in positive, check factors that will drive Wall Street
US Stock market investors will keep close eyes on Dow Jones as S&P 500, Nasdaq must continue the momentum.
Stock markets down today: Dow Jones plunges 1,753 points, S&P 500 drops 4% and Nasdaq enters correction - why Wall Street reversed its post-election rally
Stock markets down today: Wall Street's post-election rally quickly turned into a major sell-off as the Dow plunged 1,753 points and the Nasdaq entered correction territory. Fears that Democratic victories could slow AI data-center expansion triggered heavy losses in Nvidia, AMD, Micron and other technology stocks, wiping out Wednesday's gains.
MU stock crashes 11% today as Nasdaq plunges nearly 4%: Why is Micron stock falling with Nvidia, Intel and Tesla as Wall Street’s tech selloff deepens?
MU stock price today: Micron stock is falling as Wall Street faces a sharp selloff in technology shares. The Nasdaq dropped 3.72% on Thursday, while the Dow and S&P 500 also lost more than 2%. Nvidia and Tesla shares fell sharply, adding to the pressure on chip stocks. Micron faces another problem; a reported halt to its $4.5 billion Taiwan plant has raised fresh questions about its future AI memory production.
NVDA stock price falls below $200: Why is Nvidia stock going down today? Here's what analysts predict next
NVDA stock price today: Nvidia stock has come under fresh pressure amid concerns that data center restrictions could slow AI infrastructure spending. Shares fell below $200, but analysts remain bullish, with average price targets pointing to significant upside ahead of the company's November 17 earnings report.
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.
US stock market crash today: Why are Dow Jones, Nasdaq and S&P 500 falling? Intel, Amazon, Nvidia and AMD stocks slide
Why is the US stock market down today? Weak earnings from Intel and Amazon, plus AI worries, pulled the Nasdaq down 2.14% and the S&P 500 down 1.29%. Dow Jones is at 52,113.50, down 0.44%. Nvidia, AMD and Reddit also fell.
Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single day
Shares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued outlook. Alphabet shares fell over 13% after its Q3 results missed Wall Street estimates, with slowing search advertising growth and higher AI investments weighing on sentiment.
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
As Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial outcomes. With soaring operational costs and waning consumer interest, both companies face challenging cash flow situations, resulting in borrowing to cover rising expenses. This situation has led to declines in semiconductor and AI cloud shares as investors question future profitability, sparking fears about the tech sector's growth sustainability.
AI giants' funding ambitions test Wall Street's appetite for risk
The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout that has fueled much of this year's stock market gains.
AI bubble bursting or just letting out air? Neoclouds may offer clues
Elon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Despite high demand for AI computing capacity, rising credit costs impact the financial stability of these companies. Research firm Gartner anticipates that more than 80% of neocloud providers may cease independent operations by 2030. Tighter credit conditions could restrain excessive AI spending without affecting overall investment growth.
US stocks today: S&P 500, Nasdaq advance as oil eases ahead of Fed decision
US stocks are experiencing an uptick with the S&P 500 and Nasdaq gaining due to easing oil prices. The Federal Reserve is expected to maintain rates steady in its upcoming decision after last month's hike. Investors are keenly anticipating earnings results from major technology firms, which will provide insights into AI investments. Boeing and Xylem faced losses, while Royal Caribbean and General Motors reported positive forecasts.
Big Tech earnings a test of the AI boom amid market turmoil
Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI cloud providers such as CoreWeave and record costs to insure Meta Platform's debt have amplified concerns about how the massive AI infrastructure buildout is being funded, particularly as higher US interest rates loom.
US Markets Today: S&P, Nasdaq end higher as Anthropic IPO filing revives AI optimism; Tesla hits 3 month high
US stocks ended higher as Anthropic's IPO filing rekindled interest in AI related investments and stocks. The S&P 500 gained 0.70% and the Nasdaq rose by 0.83% following this news. Investors are keenly observing Anthropic's filing and its implications for the booming AI sector. Major companies like Meta are also planning significant investments in AI infrastructure and data centers.
US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny
Wall Street's main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for a busy week of corporate earnings and the Federal Reserve's decision on interest rates. Anthropic's IPO filing highlights both the demand for AI and associated development costs, creating investor caution. Chip stocks, benefiting from the AI boom, showed strong performance overall.
The war bump is a false victory for S&P 500 profits
The commentary argues that strong S&P 500 earnings growth is narrowly concentrated in AI-linked companies and sectors benefiting from the Iran war, including energy, defence and materials. It warns that higher fuel prices, inflation and borrowing costs could weaken consumer demand, while heavy dependence on the AI boom leaves the market vulnerable if investment returns disappoint.
Big Tech’s AI push faces a $1 trillion profit test, says UBS
UBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are expected to invest $7.7 trillion between 2026 and 2030 to achieve these returns. A decline in returns on invested capital is anticipated as AI infrastructure dominates investments. The largest firms face challenges in securing electricity for expanding data centres.
US stock market today: Why have Nasdaq, S&P 500 slipped to lowest in months? Reasons behind Meta, Tesla, CoreWeave, Intel stock price fall, check top performing stocks
US Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader semiconductor selloff.
SoftBank's market cap halves from peak over AI fears
Global concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associated with distress, exposing financing risks across the industry.
US stocks today: US stocks gain as healthcare stocks hit record high, oil prices fall
Wall Street's main indexes saw increases driven by a rally in healthcare stocks that reached record highs. Easing oil prices contributed to a recovery from the previous week's technology led selloff. Major companies like General Motors and Steel Dynamics reported disappointing earnings forecasts, while 3M and Equifax exceeded expectations. Investors are closely monitoring upcoming corporate earnings reports from several high-profile companies.
AI stocks rebound as CoreWeave jumps on Goldman Sachs upgrade
AI stocks rebound after last week’s sharp selloff, with semiconductor stocks leading the recovery. CoreWeave gains after Goldman Sachs upgrades the stock to buy, while Intel, Nvidia, AMD and Broadcom also rise. Investors now turn to upcoming technology earnings for clues on AI spending, valuations, debt and interest rates.
US stocks today: S&P 500, Nasdaq climb as AI-linked stocks recover ahead of earnings
US stocks saw a significant recovery as semiconductor shares attracted investor attention following steep declines. The Nasdaq 100 and S&P 500 both experienced gains in early trading, offering relief to tech investors. Notable tech companies like CoreWeave saw increases after concerns about their business sustainability were addressed. Additionally, SpaceX and Tesla gained value amid speculation over potential corporate actions.
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