Nasdaq Jumps After CoreWeave Beats Revenue Expectations
CoreWeave beat Wall Street's quarterly revenue expectations, easing investor concerns about the AI trade as technology stocks rallied.
By Alexander OsipovichTech stocks are rallying after upbeat earnings from CoreWeave eased investors' fears about the artificial-intelligence trade.CoreWeave--whose borrowing costs have surged in recent weeks, sparking market jitters--beat Wall Street's expectations for quarterly revenue and upped i…