CoreWeave’s beat-and-raise revived the AI-hardware trade: the Nasdaq 100 jumped 2.28% as Micron (+11.89%) and Dell (+11.75%) surged, while Microsoft, Meta and Amazon fell. Futures price a December hike as certain and lean toward a second by January, sending the dollar to its highest close since at least April 15. Brent rose 1.14% as Iran refused to export enriched material. Nvidia lagged as a Senate Republican urged Huang to go. Anthropic’s IPO book is oversubscribed at a $1.4 trillion valuation.
Tag Archives | Kevin Cramer
