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AI stocks rebound as Coreweave results and Anthropic IPO lift markets
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AI stocks rebound as Coreweave results and Anthropic IPO lift markets
AI stocks rallied on Wednesday as strong results from Coreweave and growing demand for Anthropic’s planned IPO helped lift tech sector, despite mounting scrutiny of Nvidia and concerns over the cost of the AI boom. Nasdaq 100 futures rose 1.5 per cent and S&P 500 futures gained 0.6 per cent, reversing some of Tuesday’s losses [...]
11 Nov, 12:42
FT UK
US tech stocks set to extend rebound after CoreWeave results
Prospect of higher IPO valuation for AI group Anthropic helps boost sentiment after last week’s market rout
11 Nov, 10:45
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