Shares of CoreWeave rose as much as 14% on Wednesday following a strong third-quarter earnings report, signaling a recovery for the broader artificial intelligence and semiconductor sectors.
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Shares of CoreWeave rose as much as 14% on Wednesday following a strong third-quarter earnings report, signaling a recovery for the broader artificial intelligence and semiconductor sectors.
CoreWeave shares jumped as much as 14% in premarket trading on Wednesday after the AI cloud infrastructure provider delivered a robust third-quarter performance, helping lift sentiment across the broader artificial intelligence sector. The DRAM ETF jumps 8% and semiconductor stocks gain more than 4%, while bitcoin continues to test its 200-day moving average.
Bitcoinist reported the story as "CoreWeave Surges 14%, Sparking Rebound Across Battered AI Stocks."
2 sources have covered this story, including Bitcoinist and CoinDesk. The earliest reporting in the cluster landed about 1 hour ago.
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- FirstCoinDeskNov 11, 7:21 AM ET · United StatesCenter
- +2h 46mBitcoinistNov 11, 10:07 AM ET · United StatesCenter
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[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.