DailyEdge

AI cloud giant CoreWeave was up in pre-market trading on Wednesday after reporting that its second-quarter revenue doubled, driven by surging demand from hyperscalers for AI compute capacity.

Anthropic has struck a $9.1 billion deal with Riot Platforms, a Bitcoin mining company that recently began selling AI data center capacity, as the Claude maker works to secure enough computing power to meet growing customer demand.

JPMorgan Chase & Co. strategists raised their S&P 500 forecast for the second time in two months, citing strong corporate earnings and signs that massive artificial intelligence spending is beginning to pay off.

Bank of America strategists say investor optimism has reached such an extreme that it's time to start reducing exposure to risk assets.

SpaceX insiders and early investors will be able to sell their shares for the first time...

Shares in SpaceX tumbled after the company's first-ever earnings report revealed a huge jump in spending on artificial intelligence, spooking investors.

U.S. stocks rose modestly on Tuesday morning as markets eyed uncertainty in Middle East talks and the focus turned to SpaceX earnings after the bell.

U.S. equity futures rose early Monday as investors awaited the July jobs report and another busy week of earnings to kick off August trading.

Amazon reported its second-quarter results after the bell on Thursday, beating expectations on the top and bottom lines, as its AWS AI and chip units both surpassed annual run rates of $25 billion.

U.S. equity futures rose Thursday as investors digested the latest Big Tech earnings, the Federal Reserve’s decision to hold rates steady, and the resumption of hostilities in the Middle East.