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US tech stocks gain as AI trade revives

Financial Times(subscription required) ·

Better than expected CoreWeave results and the prospect of a higher IPO valuation for Anthropic boost sentiment after last week’s sell-off

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First reported by Yahoo Finance at · 3 outlets in all

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  1. Bloomberg(subscription required)US Stocks Rise as CoreWeave Outlook, Anthropic Revive AI TradeUS stocks opened higher Wednesday after better-than-expected results from CoreWeave Inc., investor enthusiasm for Anthropic PBC’s IPO, and a blockbuster quarter for OpenAI are reviving the artificial intelligence trade.
  2. Financial Times(subscription required)US tech stocks gain as AI trade revivesBetter than expected CoreWeave results and the prospect of a higher IPO valuation for Anthropic boost sentiment after last week’s sell-off
  3. Yahoo FinanceTech lifts world stocks as CoreWeave revives AI trade