Everything About AI
NextFin News - U.S. equity futures are higher ahead of the open, with technology leading the rebound after Tuesday’s pullback. Nasdaq-100 futures are up 539.8 points, or 1.94%, to 28,375.0; S&P 500 futures are up 68.3 points, or 0.90%, to 7,612.5; and Dow futures are up 113 points, or 0.22%, to 52,428.
Pre-Market Performance
- U.S. index futures: Nasdaq-100 futures are leading, gaining 1.94% as AI and semiconductor names rebound. S&P 500 futures are up 0.90%, while Dow futures are higher by 0.22%.
- Europe: The FTSE 100 is up 42.39 points, or 0.39%, to 10,793.98, with an intraday range of 10,751.67 to 10,842.10. France’s CAC 40 is up 34.52 points, or 0.42%, to 8,313.11. Germany’s DAX is outperforming, rising 218.50 points, or 0.83%, to 26,565.95.
- Commodities: Brent crude is trading around $91.71 per barrel, up 0.2%, while WTI crude is around $86.12 per barrel, up 0.1%, stabilizing after the prior session’s decline. Gold is near $4,059 per ounce, recovering modestly after Tuesday’s sharp drop.
- FX: The U.S. dollar remains firm, with the dollar index around 102.30. USD/JPY is near 158.88, while EUR/USD is around 1.1150.
Hot News
- Global equities rise as AI demand offsets inflation pressure: World shares are mostly higher after Tuesday’s Wall Street decline, with technology and AI-linked demand supporting risk appetite. The U.S. bond market is closed for Veterans Day, while the stock market remains open.
- Anthropic seeks roughly $1.3 trillion IPO valuation: Anthropic’s filing has provided a fresh valuation marker for frontier AI companies and is prompting investors to reassess demand for AI infrastructure. The potential listing would create one of the largest publicly traded AI companies and reinforce focus on suppliers, data-center operators and cloud infrastructure names.
- TSMC reports strong October revenue: Taiwan Semiconductor Manufacturing reported October consolidated revenue of approximately NT$586.89 billion, up 14.7% month over month and 59.7% year over year. The update is supporting sentiment across AI chip and hardware supply chains.
- Oil steadies after easing geopolitical premium: Crude prices are firmer after Brent settled lower on Tuesday. Energy traders remain focused on Middle East risk, demand sensitivity and the recent move in the dollar.
U.S. Stock Focus
- CoreWeave — Revenue surges and guidance raised: CoreWeave reported third-quarter revenue of $3.661 billion, up 168% year over year, with revenue backlog of $132.5 billion. The company raised full-year 2026 revenue guidance to $13.0 billion to $13.3 billion, helping the stock rally roughly 15% to 17% in early pre-market trading.
- CoreWeave — Funding plan remains in focus: Management expects to exit 2026 with annualized run-rate revenue of $20 billion to $21 billion and about $9 billion of customer prepayments and deposits over the next three months. Investors are balancing the growth outlook against elevated capital spending, with 2026 capex guided to $37 billion to $39 billion.
- GoPro — Quarterly filing delayed: GoPro notified investors that its quarterly report will be submitted late, citing additional time for financial close procedures and accounting work tied to financing arrangements. The shares fell more than 10% in early pre-market trading as investors assessed risks around the proposed Starman Optical merger.
- Nvidia — Shares rebound after sharp selloff: Nvidia is up about 4.99% in pre-market trading to around $177.33, recovering after Tuesday’s 5.5% decline. The stock remains under scrutiny as investors weigh governance and regulatory headlines against continued AI chip demand.
- AMD — AI-driven rebound gains momentum: AMD is up about 6.58% pre-market to around $549.09, following renewed focus on its data-center roadmap and expectations for accelerating AI infrastructure demand. The move also follows Oppenheimer’s more constructive view and expectations for stronger data-center revenue growth, keeping AMD among the most actively traded large-cap AI hardware names before the open.
- Rigetti Computing — Results disappoint quantum investors: Rigetti reported third-quarter results after the close, including a GAAP net loss of $3.1 million and a non-GAAP net loss of $20.5 million. The stock is lower in pre-market trading as investors assess the quarterly update and revenue outlook.
- Resideo Technologies — Revenue rises, but housing caution weighs: Resideo reported third-quarter revenue of $727 million, up about 3% from a year earlier, and updated its 2026 outlook. The stock traded lower after hours despite the beat as management pointed to a challenging backdrop for discretionary products tied to new construction and home resale.
- SpaceX — Kessel AI rack report lifts focus on in-house infrastructure: SpaceX shares are higher pre-market after reports that the company is developing a custom AI rack, known as Kessel, designed to use Nvidia chips while sourcing more of the surrounding hardware independently. The report adds to investor focus on SpaceX’s AI computing ambitions and potential data-center strategy.
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