CoreWeave Surges 14% as Earnings Spark Rebound in Battered AI Stocks

·4 views

Shares of CoreWeave rose 14% as its earnings report helped lift AI-related equities that had been under pressure. The rally extended across the sector, with a DRAM-focused ETF climbing 8% and semiconductor stocks gaining more than 4%. Bitcoin also edged higher after testing its 200-day moving average. The article is a live news update, so the picture may shift as trading continues.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Bitcoin Holds Steady Despite Hot CPI Reading as ETF Outflows Ease

Your day-ahead look for Nov. 11, 2026

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Flat Near $74,000 as ETF Outflows Hit Fourth Straight Day

Bitcoin remained steady around $74,000 even as U.S. stocks rebounded. A hotter-than-expected inflation reading on Tuesday pushed the probability of a U.S. interest-rate hike to roughly 90%. Outflows from bitcoin exchange-traded funds continued for a fourth consecutive day. Liquidations of leveraged crypto positions also rose sharply over the same period.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Kraken's xStocks expands with 200 UK and EU shares as assets pass $1.1 billion

Payward, the parent company of crypto exchange Kraken, says its xStocks product now holds more than $1.1 billion in assets. The offering has added around 200 shares listed in the UK and EU. Each xStocks token is backed by a corresponding share. However, holders do not gain any ownership rights in the underlying company.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Steady as CoreWeave Earnings Lift AI Infrastructure Stocks

CoreWeave's strong revenue growth boosted shares of AI infrastructure companies and pushed Nasdaq futures higher. Bitcoin, by contrast, showed little movement over the preceding 24 hours. The divergence highlights investor enthusiasm for AI-linked equities even as crypto markets stayed flat. The article notes that the reported Anthropic IPO valuation discussions are part of the broader sentiment around AI companies. Overall, the report points to a market focused on AI earnings rather than digital assets.

0 comments Read more at CoinDesk