U.S. stock index futures rise, CoreWeave performs better than expected
2026-11-11 21:53:45
According to CoinMeta, on Wednesday, U.S. stock index futures rose. The earnings reported by CoreWeave Inc were better than expected, and market expectations for Anthropic PBC's initial public offering (IPO), along with OpenAI's strong third-quarter performance, all contributed to a resurgence in interest in artificial intelligence trading. Despite oil prices ending a two-day decline and inflation concerns rising again, the market still saw a rebound. U.S. consumer price data exceeded expectations, driving up U.S. Treasury yields significantly on Tuesday, and market bets on further interest rate hikes by the Federal Reserve also increased. As of 8:24 a.m. New York time, S&P 500 index futures rose by 1%, and NASDAQ 100 index futures, which are dominated by technology stocks, rose by 2%. CoreWeave's stock price once rose by 19% before the opening bell; the company had previously reported earnings that surpassed expectations, and its full-year performance outlook was also stronger than Wall Street's forecasts. Zacks Investment Management's chief market strategist, Brian Mulberry, stated that if CoreWeave can maintain similar performance for several consecutive quarters, related market concerns will gradually subside.
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Source:Internet
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