CoreWeave stock slid 15% after bond yields hit a 15% high, prompting CEO Mike Intrator to label the market’s reaction as irrational while the company seeks cheaper insurer capital.
Posts tagged as “Tech stocks”
Anthropic said revenue rose 45% to $16.8 bn in the quarter ending September, while it prepares for a stock market listing amid a broader pullback in tech shares.
Market researcher Tom Essaye suggests that low valuations for some AI stocks could indicate investor apprehension about the sustainability of the data center boom, drawing parallels to the dot-com bubble.
The Nasdaq Composite experienced a sharp midday decline, shedding nearly $1 trillion in tech stocks before recovering significantly by the market close. Investors rotated into consumer staples and home improvement sectors.
Looks like Donald Trump’s eye-popping strategies have left not only his country’s citizens, but the leaders and people across the globe flabbergasted. U.S. tech stocks…