CoreWeave earnings and Anthropic IPO lift AI stocks and US indexes
According to Proactive Financial News, U. S. technology stocks rallied on 11 November after AI cloud provider CoreWeave reported strong quarterly results, sending the Nasdaq up 1. 6% and the S&P 500 up 1.
3%. Reuters earlier reported that CoreWeave’s earnings, which outlined a path to profitability by early 2028, helped lift the two major indexes. In India, Moneycontrol said shares of AI-focused companies surged sharply on the same day following Anthropic’s high-profile IPO and CoreWeave’s better-than-expected results.