Nebius, CoreWeave and IREN shares rise
Nebius is up 4.3%, CoreWeave rises 4.5% and IREN gains 2.2%.
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CRWV, NBIS and IREN Shares Rise Overnight After a Brutal Week
Shares of neocloud operators rose over the weekend. CoreWeave shares gained 2.6% in overnight trading late Sunday.
US STOCKS — Wall Street futures subdued as tech wobbles again; Tesla gains
Futures: Dow down 0.04%, S&P up 0.04%, Nasdaq down 0.28% Tesla, SpaceX gain after unveiling redesigned Roadster Chips, neocloud companies slip again in premarket trading (Updates with prices) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 16 (Reuters) — US stock index futures were muted on Friday, as technology stocks cam
US STOCKS — Wall St futures mixed as tech wobbles again, Tesla gains
(For a Reuters live blog on US, UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Futures: Dow up 0.39%, S&P up 0.16%, Nasdaq down 0.08% Oct 16 (Reuters) — US stock index futures were mixed on Friday, as technology stocks came under fresh pressure on worries about cracks building in the AI trad
RPT — EXPLAINER — Why CoreWeave's troubles are rattling the AI boom
(Repeats October 15 story with no changes) By Anhata Rooprai and Aditya Soni Oct 15 (Reuters) — CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tu
EXPLAINER — Why CoreWeave's troubles are rattling the AI boom
By Anhata Rooprai and Aditya Soni Oct 15 (Reuters) — CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tumbleddespite its CEO's assurances of a stro
Nike, Moderna and Walmart Rise as Investors Rotate From AI Stocks
Nike, Moderna and Walmart shares climbed Thursday as investors shifted out of technology and AI stocks for a second session. AI infrastructure shares fell, with Dell down more than 9% and Broadcom down 2.5% early Thursday.
AI infrastructure firms slump as US rate hike bets rise
Oct 14 (Reuters) — Shares of debt-heavy AI firms tumbled on Wednesday as prospects of higher interest rates intensified concerns over the financing of the industry's massive buildout. Companies whose shares had rallied earlier this year on AI optimism were some of the worst performers on the main benchmarks. Here are t
IREN Rises On Sector Momentum
IREN Limited stock rises driven by sector momentum following quarterly earnings from Neocloud peers
Nebius Group, Astronics, H&R Block Rise
Nebius Group, Astronics, and H&R Block report better-than-expected quarterly financial results
Warsh Hits the AI Trade: Here Are the 10 Biggest Losers In 30 Minutes
The Federal Reserve didn’t raise interest rates Wednesday, holding them steady at 3.50%-3.75%. Yet as markets absorbed Federal Reserve Chair Kevin Warsh’s hawkish message between 3 p.m. and 3:30 p.m. ET, some of Wall Street’s highest-flying AI stocks suffered sharp losses. Warsh’s repeated insistence that “there’s only
Alphabet CFO Says Demand Still Outpaces Capacity: AI Infrastructure Stocks Rise
Ai Infrastructure stocks are getting a boost in after-hours trading Wednesday following Alphabet Inc’s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) quarterly earnings call. Here’s what you need to know. CoreWeave shares are climbing with conviction. What’s driving CRWV stock higher? Alphabet Raises CapEx Guidance On the conference