Markets5 min
CoreWeave raises 2026 revenue forecast to $13.3 billion
Q3 revenue soared 168% to about $3.66 billion, with a $132.5 billion contract backlog. $47 billion debt and customer concentration remain key concerns.
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Markets
Financial markets, M&A and corporate moves
147 analyses
Markets5 min
OpenAI's Operational Loss Reaches $10.9 Billion, WSJ Reports
According to the Wall Street Journal, OpenAI's quarterly revenue rose about 50% to $10 billion, but its operational loss also increased from $10.1 billion to $10.9 billion.
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Markets5 min
Anthropic Sets IPO Price Range of $70 to $78 per Share
Updated SEC filing indicates 825 million shares to raise up to $64.35 billion; anchor investors like Google and Nvidia add $26 billion. Nasdaq debut expected on November 19, according to CNBC.
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Markets5 min
Citi Downgrades US to Neutral, Upgrades Europe on AI Slide
Citi strategists cut US and global tech ratings to neutral after $3 trillion loss in the S&P 500; Morgan Stanley and UBS see an overreaction and recommend buying the dip.
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Markets5 min
Anthropic Revises IPO Terms from $69.3B, Says Reuters
Emails seen by Reuters reveal Anthropic sent banks a $70 to $80 per share range but later claimed it was incorrect. The company declined to comment.
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Markets5 min
Capgemini Up, Cognizant Down, and Fujitsu Falls 16%
In 48 hours, three IT service giants provided conflicting market insights: acquisitions buoy Capgemini, discretionary spending cools at Cognizant, and loss-making projects drag down Fujitsu.
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Markets5 min
Qualcomm Targets $650M in Data Center Revenue, Names Amazon
Qualcomm anticipates over $650 million in data center revenue this quarter, naming Amazon as a client for custom silicon. The chip division's margin already absorbs the transition costs.
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Markets5 min
Arm's Data Center Royalties Double, Eyes $2B Chip Revenue
Arm generated $1.44 billion in Q2, up 27%, with doubled data center royalties. CEO Rene Haas reaffirmed the target of up to $2 billion with the AGI CPU, its first in-house chip.
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Markets5 min
Supermicro earns $19.9B, raises annual forecast to $82B
AI server integrator nearly quadruples revenue in a year, raising fiscal year projection to $72B-$82B, but gross margin falls to 12.8%.
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Markets5 min
AMD Data Center Revenue Hits $8.5B, Doubles Yearly Growth
AMD's data center revenue surged 97% in Q3, driven by Helios and MI450 launches, with projections around $17 billion for Q4.
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Markets5 min
Marvell's $115B Lumentum Deal Fails to Boost Share Prices
Stock deal valued at $115 billion combines chips and lasers for AI clusters. Shares of both companies fell, with Chinese review delaying closure to post-2028.
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Markets5 min
Anthropic Discloses $895 Billion in Computing Contracts
IPO filing amendment shows $895.4 billion in computing contracts and an operational loss of $567 million in Q3, with revenue around $17 billion.
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