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U.S. stocks closed higher on Tuesday, driven by a strong rebound in technology shares and a 7% surge in Bitcoin as investors grow more hopeful about a Fed rate cut.
Cathie Wood's ARK Invest has acquired a $24 million stake in AI infrastructure firm CoreWeave, despite the stock's recent 42% plunge after a revised sales forecast.
Global stock markets extended a selloff this week, driven by investors offloading tech stocks and a tightening liquidity environment. Bitcoin fell to a 7-month low. Experts view this as a healthy corr
Investors are closely watching Nvidia's earnings as a key test for AI enthusiasm, while major retailers like Target and Lowe's signal caution by lowering forecasts.
U.S. stock markets fell sharply as investors grew nervous ahead of Nvidia's earnings and a wave of delayed economic data, raising concerns about tech valuations.
Advanced Micro Devices has doubled its forecast for the AI data center market to $1 trillion and announced key partnerships, signaling a serious challenge to Nvidia.
CoreWeave shares fell 9% despite strong Q3 revenue and major AI deals with OpenAI, Meta, and Nvidia, as 2025 outlook missed expectations.
US stock futures fell on Tuesday, with major indices showing declines. The Senate passed a bill, and the Fed is likely to cut rates in December. Several companies reported mixed earnings.
Super Micro Computer shares dropped after the AI server maker missed quarterly estimates due to delivery delays, pushing $1.5 billion in revenue to the next quarter.
Investors are closely watching the Federal Reserve's next moves as tech giants report mixed earnings and Nvidia's market cap soars past $5 trillion.
Major tech companies are significantly increasing AI infrastructure investments, fueling a multi-year growth cycle for semiconductor firms like Nvidia, Broadcom, and Micron.
The stock market rally paused as Federal Reserve Chair Jerome Powell cast doubt on a December rate cut. Tech stocks, led by Nvidia, soared on AI optimism, while interest-rate sensitive sectors decline
