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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

VanEck Social Sentiment ETF (BUZZ) Tracks Investor Optimism Using AI, Focuses on Tech Sector

VanEck Social Sentiment ETF (BUZZ) Tracks Investor Optimism Using AI, Focuses on Tech Sector

VanEck Social Sentiment ETF (BUZZ) Tracks Investor Optimism Using AI, Focuses on Tech Sector

AI Boom Reshapes U.S. Economy, Widens Trade Deficit, and Faces Political Scrutiny

AI Boom Reshapes U.S. Economy, Widens Trade Deficit, and Faces Political Scrutiny

AI Boom Reshapes U.S. Economy, Widens Trade Deficit, and Faces Political Scrutiny

Asian Stocks Mixed Amid CoreWeave Boost and U.S. Inflation Concerns

Asian Stocks Mixed Amid CoreWeave Boost and U.S. Inflation Concerns

Asian Stocks Mixed Amid CoreWeave Boost and U.S. Inflation Concerns

S&P 500, Nasdaq rise as CoreWeave results ease AI spending worries

S&P 500, Nasdaq rise as CoreWeave results ease AI spending worries

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The S&P 500 and the tech-heavy Nasdaq climbed on Wednesday after neocloud firm CoreWeave's strong earnings calmed investor jitters about bloated AI expenditure.

Bonds reel as hot inflation fuels jumbo Fed hike fears

Bonds reel as hot inflation fuels jumbo Fed hike fears

By Stella Qiu SYDNEY, Nov 11 (Reuters) - Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.

Federal Reserve Official Warns of Economic Overheating Due to AI Data Center Boom and Broadening Inflation

Federal Reserve Official Warns of Economic Overheating Due to AI Data Center Boom and Broadening Inflation

Federal Reserve Official Warns of Economic Overheating Due to AI Data Center Boom and Broadening Inflation

Lucid Group Among Companies Reporting Earnings This Week Amidst Broader Market Focus on Inflation and Fed Speeches

Lucid Group Among Companies Reporting Earnings This Week Amidst Broader Market Focus on Inflation and Fed Speeches

Lucid Group Among Companies Reporting Earnings This Week Amidst Broader Market Focus on Inflation and Fed Speeches

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.

S&P 500, Nasdaq futures rise after CoreWeave soothes AI spending fears

S&P 500, Nasdaq futures rise after CoreWeave soothes AI spending fears

Nov 11 (Reuters) - Futures tracking the S&P 500 and the Nasdaq 100 indexes bounced back on Wednesday, after strong results from battered neocloud firm CoreWeave allowed investors to look past fears of excessive AI spending.

Dow Jones Industrial Average Surges Over 1,100 Points Amidst Declining Oil Prices and Tech Rebound

Dow Jones Industrial Average Surges Over 1,100 Points Amidst Declining Oil Prices and Tech Rebound

Dow Jones Industrial Average Surges Over 1,100 Points Amidst Declining Oil Prices and Tech Rebound

U.S. Treasury Auctions $58 Billion in 3-Year Notes with Slightly Above-Average Yield

U.S. Treasury Auctions $58 Billion in 3-Year Notes with Slightly Above-Average Yield

U.S. Treasury Auctions $58 Billion in 3-Year Notes with Slightly Above-Average Yield