CoreWeave Inc (NASDAQ: CRWV) posted market-beating second-quarter revenue and cash flow, driven mostly by accelerated graphics processing unit (GPU) deployment on Wednesday. The Livingston-headquartered firm also issued encouraging guidance on AI infrastructure demand, with CEO Michael Intrator citing “unprecedented” scaling needs in the earnings release. Still, CoreWeave stock opened some 11% down today, though it’s
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CoreWeave Inc (NASDAQ: CRWV) posted market-beating second-quarter revenue and cash flow, driven mostly by accelerated graphics processing unit (GPU) deployment on Wednesday. The Livingston-headquartered firm also issued encouraging guidance on AI infrastructure demand, with CEO Michael Intrator citing “unprecedented” scaling needs in the earnings release. Still, CoreWeave stock opened some 11% down today, though it’s
168Tilray Brands stock price has gone vertical this week, joining other cannabis companies like Canopy Growth, Curaleaf, and Truelive. TLRY surged to a high of $1.06, its highest level since February, and up by 200% from its lowest point this year. Why the Tilray Brands stock is soaring The TLRY stock price is in a
Tilray Brands stock price has gone vertical this week, joining other cannabis companies like Canopy Growth, Curaleaf, and Truelive. TLRY surged to a high of $1.06, its highest level since February, and up by 200% from its lowest point this year. Why the Tilray Brands stock is soaring The TLRY stock price is in a
165Applied Materials stock price has pulled back from last week’s high of $200 to the current $185. It remains about 50% above the year-to-date low as investors focus on its upcoming quarterly earnings on Thursday. It has formed an inverse head-and-shoulders pattern, pointing to a rebound ahead or after its earnings. Applied Materials stock price
Applied Materials stock price has pulled back from last week’s high of $200 to the current $185. It remains about 50% above the year-to-date low as investors focus on its upcoming quarterly earnings on Thursday. It has formed an inverse head-and-shoulders pattern, pointing to a rebound ahead or after its earnings. Applied Materials stock price
163The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date high of $25,750, much higher than the 2023 low of $14,515. Explore what to expect this week as the top companies publish their earnings. Tencent The main catalyst for the Hang Seng Index
The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date high of $25,750, much higher than the 2023 low of $14,515. Explore what to expect this week as the top companies publish their earnings. Tencent The main catalyst for the Hang Seng Index
170Firefly Aerospace’s stock took a big hit on Friday, dropping about 11% after a wild but exciting debut earlier in the week. When the company priced its IPO at $45 a share and started trading on Nasdaq as “FLY” on August 7, shares shot up over 34% on day one, opening at $70 and hitting
Firefly Aerospace’s stock took a big hit on Friday, dropping about 11% after a wild but exciting debut earlier in the week. When the company priced its IPO at $45 a share and started trading on Nasdaq as “FLY” on August 7, shares shot up over 34% on day one, opening at $70 and hitting
171Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned that sales would deteriorate further this quarter and that tariff-related costs for the fiscal year would be $100 million higher than expected. The company forecast a revenue drop of between 6% and 7% for the
Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned that sales would deteriorate further this quarter and that tariff-related costs for the fiscal year would be $100 million higher than expected. The company forecast a revenue drop of between 6% and 7% for the
209US stocks gained on Friday, setting the three major indexes on course to finish the week higher. The Dow Jones Industrial Average rose 139 points, or 0.3%, while the S&P 500 and the Nasdaq Composite each advanced 0.3%. For the week, the S&P 500 is tracking a 2% gain, the Dow is on pace to
US stocks gained on Friday, setting the three major indexes on course to finish the week higher. The Dow Jones Industrial Average rose 139 points, or 0.3%, while the S&P 500 and the Nasdaq Composite each advanced 0.3%. For the week, the S&P 500 is tracking a 2% gain, the Dow is on pace to
