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Stocks climb as CoreWeave results ease AI spending concerns

Stocks climb as CoreWeave results ease AI spending concerns

By Chuck Mikolajczak and Utkarsh Hathi Nov 11 (Reuters) - US stocks climbed on Wednesday, with the S&P 500 and the Nasdaq each rallying more than 1% as earnings from neocloud firm CoreWeave cooled investor concerns about the durability of the AI trade, while Nvidia stabilized after two straight
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Stocks end higher as CoreWeave results ease AI spending worries

Stocks end higher as CoreWeave results ease AI spending worries

By Chuck Mikolajczak and Utkarsh Hathi NEW YORK, Nov 11 (Reuters) - US stocks closed higher on Wednesday, with the S&P 500 and the Nasdaq each rallying more than 1% as earnings from neocloud firm CoreWeave cooled investor concerns about the durability of the AI trade, while Nvidia stabilized after
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Wall St ends lower as hot inflation data, Fed comments heighten rate worries

Wall St ends lower as hot inflation data, Fed comments heighten rate worries

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 10 (Reuters) - US stocks closed lower on Tuesday, as a hotter-than-expected inflation reading hardened expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.
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Nvidia selloff deepens, adding to AI jitters

Nvidia selloff deepens, adding to AI jitters

By Noel Randewich and Chuck Mikolajczak NEW YORK, Nov 10 (Reuters) - Technology shares were in the red again on Tuesday, with Anthropic's steps toward a big IPO failing to calm general anxiety about the health of the AI sector.
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S&P 500, Nasdaq rise over 1% as CoreWeave results calm AI spending jitters

S&P 500, Nasdaq rise over 1% as CoreWeave results calm AI spending jitters

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The S&P 500 and the tech-heavy Nasdaq climbed more than 1% on Wednesday after neocloud firm CoreWeave's solid earnings eased investor concerns about bloated AI expenditure, while Nvidia recovered some ground following a rout in the last two
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Wall St jumps back as oil slide eases inflation worries; Nvidia slumps

Wall St jumps back as oil slide eases inflation worries; Nvidia slumps

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 9 (Reuters) - US stocks rallied on Monday, as a drop in oil prices tempered inflation fears and helped the S&P 500 bounce off its biggest weekly drop since April 2025, and tech shares jumped even as AI heavyweight Nvidia slumped with controversy
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Wall Street set for higher open as CoreWeave results temper AI spending concerns

Wall Street set for higher open as CoreWeave results temper AI spending concerns

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The main US indexes were on track to open higher on Wednesday after neocloud firm CoreWeave's strong earnings assuaged investor worries about bloated AI expenditure.
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Wall Street edges up, Nvidia drops after CEO resigns

Wall Street edges up, Nvidia drops after CEO resigns

By Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, Nov 12 (Reuters) - US stocks reversed early losses to trade slightly higher on Thursday even as Nvidia shares fell following CEO Jensen Huang's resignation. The 10-year US Treasury yield climbed back above 5%.
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Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

By Shashwat Chauhan Nov 10 (Reuters) - US stocks were set for a lower open on Tuesday and European shares pared gains after a hotter-than-anticipated inflation reading bolstered the case for a US Federal Reserve interest rate hike next month.
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Wall St retreats as hot inflation data, Fed comments fuel rate worries

Wall St retreats as hot inflation data, Fed comments fuel rate worries

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 10 (Reuters) - US stocks stumbled on Tuesday, as a hotter-than-expected inflation reading cemented expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.
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Asian stocks fragile, Nvidia plummets as board to decide CEO's fate

Asian stocks fragile, Nvidia plummets as board to decide CEO's fate

By Gregor Stuart Hunter SINGAPORE, Nov 12 (Reuters) - Global stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.
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US stocks recover more of last week's losses as oil prices swing lower

US stocks recover more of last week's losses as oil prices swing lower

The U.S. stock market is rallying and clawing back more of its big loss from last week as oil prices swing lower