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US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimism
US stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectations that the Federal Reserve will hold interest rates steady. CoreWeave and other AI firms reported upbeat quarterly results, boosting their stock prices. Data center operators and chipmakers also saw gains following positive company forecasts. Traders now anticipate a 62% chance of the Fed maintaining current interest rates next month.
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investors.com
Futures Rise On Three AI Winners; CPI Report Due
Nvidia partners Lumentum, Super Micro, CoreWeave were big earnings winners.
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swissinfo.ch
Stocks Rise on CoreWeave Results, Oil Extends Gain: Markets Wrap
(Bloomberg) -- Asian stocks rose and US equity-index futures advanced as strong earnings from technology companies lured investors back into the artificial intelligence trade.
