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CoreWeave (CRWV) stock fell 15% on Wednesday, a day after a chart of its rising borrowing costs gained traction on X. Bloomberg, citing an internal memo, reports that the AI cloud company’s CEO stated in a memo that the market
Inflation heated back up in September, with the Consumer Price Index coming in at a hotter-than-expected 3.7% annual reading, driven primarily by surging fuel prices. But even “core” inflation, which excludes energy and food, increased more than economists projected, rising
US stocks gained on Monday as investors digested rising bond yields, eurozone economic uncertainty, and the upcoming earnings season, starting a relatively quiet week. The Dow Jones Industrial Average (^DJI) added 0.2%. The S&P 500 (^GSPC) rose 0.7%. The tech-heavy
