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via finance.yahoo.comTech & AI

Core Scientific (CORZ): Can CoreWeave (CRWV) Revenue Growth Offset Expansion Risks?

FROM THE WIRE · FINANCE.YAHOO.COM

We just published the list of the 10 AI Infrastructure Stocks to Watch After CoreWeave's Earnings and Core Scientific, Inc. (NASDAQ:CORZ) ranked 6th on this list. Why Are AI Infrastructure Stocks Under Pressure? AI infrastructure stocks have faced considerable selling pressure…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSelling pressure on AI infrastructure stocks weighs on the tech sector and the Nasdaq, amid concerns over data centers and borrowing costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01AI infrastructure stocks have faced considerable selling pressure in recent weeks.
  2. 02According to Bloomberg, hedge funds sold global technology shares at a pace approaching the highest since 2016.
  3. 03Reuters reported that the Nasdaq Composite plunged 5.5% on November 5.
  4. 04UBS estimated nearly 30% of anticipated U.S. data center capacity in 2028 could be at risk.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Core Scientific, Inc.CORZStock14.52 USDMarket closedtoday +0.97%Negative CoreWeave, Inc. Class A Common StockCRWVStock53.13 USDMarket closedtoday -6.13%Negative Advanced Micro Devices, Inc.AMDStock534.06 USDMarket closedtoday -8.75%Negative NASDAQ CompositeINDEX:IXICIndex25,136.27Market closedtoday -0.91%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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