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European stocks near record highs, dollar gains on rate hike bets

European stocks near record highs, dollar gains on rate hike bets

By Elizabeth Howcroft PARIS, Nov 13 (Reuters) - European stocks held near record highs on Friday, after a week dominated by Nvidia CEO Jensen Huang's affair with a suspected Chinese spy, while the dollar was close to a 19-month high on the possibility of a bigger-than-expected rate hike by the

Tech lifts world stocks as CoreWeave revives AI trade

Tech lifts world stocks as CoreWeave revives AI trade

By Danilo Masoni MILAN, Nov 11 (Reuters) - Technology stocks lifted world shares on Wednesday as investors looked past mounting expectations of further Federal Reserve tightening and focused on renewed optimism about artificial intelligence after strong results from cloud computing firm CoreWeave.

European STOXX 600 Nears Record High Amid Positive Corporate Outlooks and AI Sector Optimism

European STOXX 600 Nears Record High Amid Positive Corporate Outlooks and AI Sector Optimism

European STOXX 600 Nears Record High Amid Positive Corporate Outlooks and AI Sector Optimism

Stocks gain as CoreWeave reignites AI trade

Stocks gain as CoreWeave reignites AI trade

By Danilo Masoni and Stella Qiu MILAN/SYDNEY, Nov 11 (Reuters) - Stocks rose on Wednesday as investors looked past mounting expectations of further Federal Reserve interest rate rises and focused on a renewed wave of AI optimism after strong results from AI infrastructure firm CoreWeave.

Morning Bid: Jumbo Fed hike hits radar

Morning Bid: Jumbo Fed hike hits radar

By Mike Dolan Nov 11 (Reuters) - With stock markets in thrall to the fascinating tech sagas at Nvidia and Anthropic, a new twist in the Federal Reserve tale dominated wider markets on Tuesday.

Europe's STOXX 600 near record high as Siemens Energy, CoreWeave outlooks lift sentiment

Europe's STOXX 600 near record high as Siemens Energy, CoreWeave outlooks lift sentiment

By Johann M Cherian and Anjana Jayakrishnan Nair Nov 11 (Reuters) - Europe's STOXX 600 index opened higher and traded near record highs on Wednesday, as strong forecasts from Siemens Energy and US-based CoreWeave helped ease concerns about the AI trade outlook, while inflation worries kept a lid on

Nasdaq Extends Trading Hours to Overlap with Asian Markets, Intensifying Competition

Nasdaq Extends Trading Hours to Overlap with Asian Markets, Intensifying Competition

Nasdaq Extends Trading Hours to Overlap with Asian Markets, Intensifying Competition

Stocks rally as CoreWeave soothes, bonds reel on rate hike fears

Stocks rally as CoreWeave soothes, bonds reel on rate hike fears

By Stella Qiu SYDNEY, Nov 11 (Reuters) - Stocks in Asia rallied on Wednesday as CoreWeave results waved away AI bubble fears, while global bond yields jumped and the dollar held firm after a hot US inflation print raised the risk of a half-point rate hike next month.

European stocks near record high on Siemens, CoreWeave AI optimism

European stocks near record high on Siemens, CoreWeave AI optimism

By Anjana Jayakrishnan Nair and Johann M Cherian Nov 11 (Reuters) - Europe's benchmark STOXX 600 rose on Wednesday and was within touching distance of a record high, as upbeat forecasts from Siemens Energy and US-based CoreWeave bolstered confidence in the AI trade, while inflation concerns tempered

European shares log record close on Siemens, CoreWeave-fueled AI optimism

European shares log record close on Siemens, CoreWeave-fueled AI optimism

By Anjana Jayakrishnan Nair, Johann M Cherian and Avinash P Nov 11 (Reuters) - European shares notched a record close on Wednesday and ended just shy of an intraday record high, as upbeat forecasts from Siemens Energy and US-based CoreWeave bolstered confidence in the AI trade, lifting the

CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts

CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts

Nov 10 (Reuters) - CoreWeave beat Wall Street estimates for quarterly revenue on Tuesday, driven by strong demand for its cloud services, easing recent concerns around the durability of AI infrastructure demand amid its mounting debt load.

European business sentiment picks up, inflation worries grow, survey finds

European business sentiment picks up, inflation worries grow, survey finds

By Philip Blenkinsop BRUSSELS, Nov 12 (Reuters) - Sentiment among European companies has picked up across industry and services since June, but there are growing concerns about rising inflation and sovereign debt, according to a survey published by BusinessEurope on Thursday.