CoreWeave Shares Upgraded to Buy After 25% Weekly Drop
CoreWeave shares were upgraded to Buy on Monday after falling 25% last week, amid concerns about financing its AI infrastructure buildout.
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Nasdaq falls on AI revenue fears, oil gains
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin falls to around $81,500 as markets weaken
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin slips to around $81,500
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.