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What a day! Apple surprised with a much better quarter than it had projected, lifting revenue in the June quarter 10%, thanks to 13% higher iPhone revenue, the best iPhone quarter in four years.
The Roundhill Magnificent Seven exchange-traded fund, which tracks the stocks of seven U.S. mega-cap tech companies, hit an all-time high in the wake of the reports.
Back in August 2024, Groq had raised $640 million at a $2.8 billion valuation in about a year. It had previously raised $1 ...
CoreWeave secured $2.6 billion in debt to help it purchase equipment for its contract with OpenAI, the server rental company said Thursday. The loan facility gives CoreWeave access to more capital as ...
CoreWeave, Inc., known as the AI Hyperscaler™, provides a cloud platform with cutting-edge software designed for accelerated computing in AI applications. Since its inception in 2017, CoreWeave has ...
CoreWeave shareholders have become accustomed to volatility. After floating at a price of $40, the AI-cloud computing almost quintupled to $187 before a severe correction began in June. The stock ...
The new DDTL 3.0 Facility, financed at SOFR +4%, demonstrates CoreWeave's progress in reducing its cost of capital and enhancing its credit profile. The DDTL 3.0 Facility matures on August 21, 2030, ...
OpenAI, with partners Aker and Nscale, launches Stargate Norway, a renewable-powered AI gigafactory, pivoting to Europe after ...
Explore how CoreWeave's AI cloud infrastructure drives revenue growth with NVIDIA-backed innovation, despite challenges like ...
AI stocks Palantir and CoreWeave have rocketed higher this year, but certain analysts expect shareholders to sustain major ...