Nasdaq futures rise nearly 2% as CoreWeave earnings calm AI spending fears
Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the first half of 2028. Nvidia's shares rebounded after a significant drop attributed to CEO Jensen Huang's controversies. Meanwhile, inflation data has increased expectations of interest rate hikes from the US Federal...
Key Takeaways
- Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement.
- Investors reacted positively as CoreWeave predicts profitability by the first half of 2028.
- Nvidia's shares rebounded after a significant drop attributed to CEO Jensen Huang's controversies.
Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the first half of 2028. Nvidia's shares rebounded after a significant drop attributed to CEO Jensen Huang's controversies. Meanwhile, inflation data has increased expectations of interest rate hikes from the US Federal Reserve. The bond market remained closed for the Veterans Day holiday, impacting trading.
Original Publisher Attribution
This summary was curated from Economic Times.