WS #13864
Sea, Fermi, NIQ, Alamar surge on strong results; Life360, AECOM, Elbit slump on misses. Nvidia partners with six major investors to raise $500B for AI infrastructure, reinforcing NVDA's position and boosting AI infrastructure names. Cleveland Fed's Hammack signals multiple rate hikes may be needed, reinforcing hawkish expectations ahead of CPI. OpenAI completes $7B buyback at $852B valuation with confidential IPO filing, supporting AI IPO narrative.
Earnings surprises
Sea, Fermi, NIQ, Alamar surge on strong results; Life360, AECOM, Elbit slump on misses.
Nvidia partners with six major investors to raise $500B for AI infrastructure, reinforcing NVDA's position and boosting AI infrastructure names.
Cleveland Fed's Hammack signals multiple rate hikes may be needed, reinforcing hawkish expectations ahead of CPI.
OpenAI completes $7B buyback at $852B valuation with confidential IPO filing, supporting AI IPO narrative.