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CoreWeave results lift tech and neocloud stocks

CoreWeave's results and outlook lifted tech stocks and neocloud stocks, and also lifted stock futures. The news eased some concern over how much money is going into AI spending.

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Shares of tech companies and neocloud firms rose after CoreWeave released its results and outlook. Neocloud is a term for cloud computing companies that focus on artificial intelligence work.

The outlook eased concerns about AI spending across the sector. Stock futures also moved higher, a sign of the market's mood before the regular trading day begins.

CoreWeave$56.85down −26.94%over 1 month
$77.81$43.6613 Oct12 Nov

Prices can be delayed by 15 minutes or more. Past moves say nothing about future ones.

$1,000 in CoreWeave

Had you put $ into CoreWeave a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

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