CoreWeave earnings and hot CPI lift AI stocks, push yields higher
Briefing by News4U · First published
Bloomberg reported that traders bought AI shares after CoreWeave posted strong results and demand for Anthropic’s IPO was robust, while US bond yields jumped after consumer prices rose faster than expected and Federal Reserve officials warned that the central bank may need to raise interest rates more aggressively. [1]
Sources
- CoreWeave Quiets Doubts, US CPI Fuels Fed-Hike Bets
Bloomberg · · Summary only