Shares of CoreWeave CRWV climbed 8.77% to $93.28 in morning trading on Tuesday after the AI cloud infrastructure company announced its expansion into Indonesia and received a bullish analyst initiation that reinforced optimism around its long-term growth prospects. The move marked CoreWeave’s first data center presence in the Asia-Pacific region. The company said it will
US-listed shares of Novo Nordisk fell more than 6% on Tuesday after the Danish drugmaker released its second-quarter financial results and updated its full-year outlook a day ahead of its scheduled earnings announcement, with investors focusing on softer-than-expected sales of its oral Wegovy weight-loss drug. Novo Nordisk’s American depositary receipts declined despite the company narrowing
A busy day across technology, commodities and global markets saw Anthropic deepen its investment in AI infrastructure with a multibillion-dollar computing agreement, while Apple escalated its legal battle against OpenAI over alleged trade secret theft. Elsewhere, gold prices advanced as falling oil eased inflation concerns, and crude prices slid on renewed hopes for a diplomatic
Stocks rallied sharply on Tuesday, sending both the Dow Jones Industrial Average and the S&P 500 to fresh record highs as strong corporate earnings and another steep decline in oil prices boosted investor sentiment. Optimism over artificial intelligence spending continued to build after upbeat results from Palantir Technologies and Caterpillar, while hopes for easing tensions
SpaceX (SPCX) shares slipped in after-hours trading late Tuesday as Wall Street delivered a muted verdict on the company’s inaugural quarterly financial report. In its first public earnings update since a record-setting initial public offering on June 12, SpaceX reported second-quarter revenue of $7.81 billion, beating analyst estimates of $6.93 billion and surging 92% from