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Nasdaq Jumps After CoreWeave Earnings

Wall Street Journal(subscription required) ·

U.S. stocks were making gains as tech names rallied after upbeat earnings from CoreWeave eased investors’ fears about the AI trade.

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  1. ForbesCoreWeave Leads Tech Stocks In Rally—Up 21%—After Earnings Eased AI Debt FearsAI-linked stocks are rising after CoreWeaves quarterly earnings soothed spending concerns.
  2. Crypto BriefingAI stocks rally as CoreWeave earnings exceed expectationsThe rally in AI stocks highlights investor confidence in AI infrastructure demand, but CoreWeave's debt poses a significant risk to stability.
  3. CoinDeskBitcoin stuck under $74,000 as CoreWeave earnings revive AI outlook, Anthropic said to raise IPO valuationCoreWeave’s revenue surge lifted AI infrastructure stocks and Nasdaq futures, while bitcoin was little changed over 24 hours.
  4. Wall Street Journal(subscription required)Nasdaq Jumps After CoreWeave EarningsU.S. stocks were making gains as tech names rallied after upbeat earnings from CoreWeave eased investors’ fears about the AI trade.
  5. CNBCCoreWeave earnings put debt-fueled AI build-out under scrutinyCoreWeave’s earnings after the bell could calm fears about its debt-fueled AI buildout — or stoke more fear.