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CoreWeave earnings lift AI stocks as US futures rally
Positive+69
GreyOak summary
US stock futures rose on Wednesday, led by a 15% surge in CoreWeave shares after the AI infrastructure company reported quarterly earnings that beat estimates and raised full-year guidance. This positive sentiment contrasted with a weak prior session where Nvidia fell 5.5% amid spy allegations. Meanwhile, US inflation data rose 0.4% month-on-month, increasing expectations for a 25-basis-point Federal Reserve rate hike in December.
What it affects
- AI and data centresPositive +69
CoreWeave earnings beat estimates and raised guidance, liftingRolling sentiment Positive +29
