AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.
Bond briefs
RSS →Leavitt, who is the youngest White House press secretary every, gave birth in May to a girl, her second child.
Readings for July on the prices consumers pay for goods and services came in pretty much on target.
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models.
Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.
The eclipse on Wednesday is unlikely to lead to the end of the bull market. But could have some impact on investors.
Progressive Democrats keep their winning streak rolling in Minnesota.
CoreWeave stock pops 13% as revenue doubles on accelerating AI infrastructure demand and more — today's bond signal.
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
Live wire
JSON →The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted."
South Korea's Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors piled back into the semiconductor giants that dominate the index.
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand.
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs says.
South Korean stocks rallied on Thursday, pushing the benchmark Kospi into a technical bull market.
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
The PPI reading was lower than the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen in June.
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
“She was a teacher at a school district, so didn’t put much into Social Security.”
“The landlord has not been here in months, so I assume it was a previous tenant.”
“I’m curious whether there’s a downside.”
Favorable regulations, a growing local investor base, and tax holidays are giving momentum to India's GIFT City.
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