Neoclouds such as CoreWeave, Nebius and IREN have come under scrutiny this month as investors assessed the sustainability of the AI trade.
CoreWeave soars 20% as CEO reaffirms AI compute demand after strong Q3 report
Source: CNBC
Original reporting
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CoreWeave CEO Intrator tells CNBC he has canceled his planned share sale program
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JetBlue's CEO has pushed back on creditor fears and is betting on premium to return to profitability
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The Guardian3 outlets
Nvidia hires major US law firm to investigate spying claims; UK chancellor ‘dismayed’ by budget leak – business live
Rolling coverage of the latest economic and financial news After two days of losses, Nvidia’s stock is expected to recover some lost ground today. Nvidia’s shares are up almost 5% in premarket trading, ahead of the Wall Street open in just over four hour’s time. “The FTSE 100 advanced 0.8% to 10,835, putting it ever closer to hitting the magic 11,000 level. It only needs to rise a further 1.5% to win the prize. Hitting 11,000 would have psychological benefits, and doing so could help win over naysayers who say the UK market has nothing to offer.” Continue reading...
CNBC
CFTC investigates if Kalshi improperly self-certified event contracts
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