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ResultsEconomic Times

CoreWeave results ease AI jitters; S&P 500, Nasdaq futures gain

Positive+59

GreyOak summary

US stock futures rose after CoreWeave announced it expects adjusted profitability by mid-2028, alleviating concerns over AI spending. Nvidia shares also rebounded following a significant sell-off.

What it affects

  • AI and data centresPositive +59

    CoreWeave profit target eased AI spending fears.Rolling sentiment Positive +29

Source

Read the original at Economic Times

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