CoreWeave shares fall 13% as bond yield and Musk’s ‘Yikes’ fuel AI debt worries
CoreWeave shares fell 13% on Wednesday as investors focused on financing risks in AI infrastructure. The move followed a warning…
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Latest stock market news — earnings reports, S&P 500, Nasdaq, major tech stocks and global equities. Expert analysis updated throughout the trading day.
Japan to fund up to $21 billion in two New York chip fabs run by GlobalFoundries
GlobalFoundries will operate two new chip factories in New York state funded by Japan with up to $21 billion. The…
Bank of America profit falls 17% as trading miss and $1.2 billion penalty hit third quarter
Bank of America's third-quarter profit fell 17% after a $1.2 billion penalty from U.S. regulators, and revenue missed estimates because…
Morgan Stanley beats Q3 estimates as equities trading revenue jumps 41%
Morgan Stanley beat third-quarter estimates as equities trading revenue rose 41% to $5.8 billion. Fixed income trading and investment banking…
Nvidia donates $250m in computing power to UK AI safety research
Nvidia is donating $250m worth of computing power to the UK to support AI safety research over five years. The…
