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Morning Bid: Inflation obscures all
Reuters3d agoneutral
Morning Bid: Inflation obscures all

By Mike Dolan Aug 12 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It's inflation day stateside and an important moment for Federal

Bloomberg3d agoneutral
Market’s Momentum Darlings Resurface as Optical Stocks Take Off

(Bloomberg) -- One of the stock market’s favorite momentum plays from earlier this year is re-emerging as rising confidence in artificial intelligence spending sends the shares of optical component makers soaring again.Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostPak

How the Bond Market Inflated Powerball
The Wall Street Journal3d agoneutral
How the Bond Market Inflated Powerball

​📈 Follow our live markets data and coverage. Tonight’s $1 billion Powerball drawing is one of the biggest ever, but inflation has helped pump it up. Rising bond yields increase the value of the optional annuity that makes up that official jackpot.

CoreWeave shares surge as record revenue and stronger guidance highlight AI demand
InvestorsHub3d agobullish
CoreWeave shares surge as record revenue and stronger guidance highlight AI demand

CoreWeave (NASDAQ:CRWV) shares jumped more than 15% on Tradegate on Tuesday after the cloud infrastructure provider delivered record revenue for a fifth consecutive quarter, exceeded Wall Street expectations and raised its outlook as demand for artificial intelligence computing capacity remained strong. CoreWeave operates a specialised cloud platform built around large volumes of Nvidia’s advanced graphics processing units.

CoreWeave, Super Micro climb on signs of sustained AI buildout
Reuters3d agoneutral
CoreWeave, Super Micro climb on signs of sustained AI buildout

Shares of CoreWeave and Super Micro Computer climbed premarket on Wednesday after ‌upbeat forecasts from the two AI infrastructure companies ‌reinforced demand expectations for computing capacity. Shares of neocloud provider CoreWeave rose more ​than 18%, with peer Nebius Group rising 10%. Server maker Super Micro's shares climbed nearly 9%.

Strong Results from CoreWeave, Super Micro Computer Boost Stock Futures
The Wall Street Journal3d agoneutral
Strong Results from CoreWeave, Super Micro Computer Boost Stock Futures

Stocks tied to the AI trade are back on top this morning after stellar results from CoreWeave and Super Micro Computer. Cloud-computing company CoreWeave reported its fifth consecutive quarter of record revenue and a sales backlog of $104 billion yesterday—in the latest sign of continued strength of demand for AI computing. Server company Super Micro Computer reported sales that nearly doubled in its fiscal fourth quarter and surging profit.

Stocks to Watch Wednesday: CoreWeave, Super Micro, Cisco
The Wall Street Journal3d agoneutral
Stocks to Watch Wednesday: CoreWeave, Super Micro, Cisco

↗️ CoreWeave (CRWV): Shares jumped over 15% in premarket trading after the cloud-computing company posted its fifth straight quarter of record revenue, fueled by sustained AI demand. ↗️ Super Micro Computer (SMCI): Shares jumped more than 7% premarket after the company reported a surging profit and sales nearly doubling in its fourth quarter.

CoreWeave Cashes in on the AI Gold Rush With a 25% Price Hike, and Customers are Still Lining Up: Vera Rubin Demand is 'Enormous'
Benzinga3d agoneutral
CoreWeave Cashes in on the AI Gold Rush With a 25% Price Hike, and Customers are Still Lining Up: Vera Rubin Demand is 'Enormous'

CoreWeave Inc. (NASDAQ:CRWV) raised prices across its artificial intelligence computing offerings in July and is passing along rising hardware costs to customers, as demand continues to accelerate. A Quarter of Pricing Power CFO Nitin Agrawal told analysts on Tuesday’s earnings call that the increase was “an approximately 25% increase across SKUs in response to the current demand environment.” He added that CoreWeave is separately passing through rising component costs to customers, including pr

CoreWeave Says Data Center Moratoriums Won’t Stop AI Expansion: ‘They Are Going to Impact Where This Infrastructure Gets Built’
Benzinga3d agoneutral
CoreWeave Says Data Center Moratoriums Won’t Stop AI Expansion: ‘They Are Going to Impact Where This Infrastructure Gets Built’

CoreWeave Inc. (NASDAQ:CRWV) remains confident it can rapidly expand its AI infrastructure despite a growing wave of data center moratoriums, grid concerns and community opposition across the U.S. CoreWeave Says Data Center Backlash Won’t Derail 8 GW Goal On Tuesday, during its second-quarter earnings call, Evercore ISI analyst Irvin Liu asked CoreWeave executives whether growing regulatory resistance could threaten the company’s expansion plans. Specifically, he questioned CoreWeave’s ability t