Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Stocks surge on ai demand optimism - Caught on Camera

The S&P 500 Index ($SPX) (SPY) is up +1.16% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +2.49%. December E-mini S&P futures (ESZ26) are up +1.15%, and December E-mini Nasdaq futures (NQZ26) are up +2.48%.

US stock indices are mixed today, with chipmakers and AI-infrastructure stocks up sharply, leading the broader market higher after AI cloud computing provider CoreWeave posted strong earnings and raised its annual revenue forecast, easing fears about its debt-laden business. Also, further evidence of strong AI demand came from OpenAI, whose quarterly revenue hit $10 billion for the first time. In addition, stocks are climbing as robust demand for Anthropic’s initial public offering has boosted market sentiment.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.