CoreWeave shares CRWV and bonds came under heavy pressure on Wednesday as investors grew increasingly concerned about the scale of borrowing by technology companies to finance the artificial intelligence infrastructure build-out.Shares of the AI-focused cloud computing provider plunged 16%, while yields on its outstanding debt surged, reflecting a growing demand…
US financial markets faced renewed pressure on Wednesday as hotter-than-expected underlying inflation reinforced expectations of further Federal Reserve rate…
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes,…
Samsung Electronics and SK Hynix stocks plunged on Thursday as investors shifted focus from chip supply to the customers…
Anthropic’s third-quarter numbers look impressive as revenue jumped 45% from the previous quarter to $16.8 billion, while the Claude…
The Hang Seng Index dropped by 1.50% on Thursday as it continued to underperform the broader market. This weakness…
South Korean and Japanese stocks plunged on Thursday as investors widened their scrutiny of the AI boom from chip…
TSMC stock remain in focus on Thursday after the world’s largest contract chipmaker delivered a stronger-than-expected third-quarter profit, with…
Cathie Wood bought into Wednesday’s ugly AI sell-off while cutting exposure to one of the sector’s biggest winners.ARK Invest…