Nasdaq futures rise nearly 2% as CoreWeave earnings ease AI spending fears
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the first half of 2028. Nvidia's shares rebounded after a significant drop attributed to CEO Jensen…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishTech index futures rebound on relief over AI spending, though inflation data raises expectations of Fed rate hikes.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Futures for the S&P 500 and Nasdaq 100 are showing gains.
- 02CoreWeave predicts profitability by the first half of 2028.
- 03Inflation data has increased expectations of Fed interest rate hikes.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NASDAQ 10027,740.79Market closedtoday -0.60%Positive S&P 5007,520.93Market closedtoday -0.38%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets