Another former crypto miner is quietly making the case that pivoting to AI may be the smartest survival move in today’s market. This time, the proof point is CoreWeave (NASDAQ: CRWV), a firm that began life as a Bitcoin mining operation and is now pulling in billions from Big Tech. Related: What is Bitcoin mining? Explained A Bitcoin miner that changed course early CoreWeave didn’t start out as an AI darling. The company was founded in 2017 under the name Atlantic Crypto, initially focused on Bitcoin ...

The semiconductor sector is bracing for a game of musical chairs, and the best seat might be the most obvious, says Bank of America's Vivek Arya. "Our preferred compute names NVDA, AVGO, AMD and CRDO are projected to grow sales on average at a 42%," Arya wrote in a recent note to clients. Despite their massive reach, Arya argues that these cloud chip giants are trading at a "notably compelling valuation backdrop" of just 0.5x their price-to-earnings growth (PEG) ratio. For an industry often accused of ...

uskarp/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Mixue brings world’s largest restaurant chain footprint into U.S. market. (0:20) AppLovin in focus, USA Rare Earth and CoreWeave shares jump. (1:30) Apple debuts second-generation AirTag. (2:40) The following is an abridged transcript: Our top story so far, the largest restaurant chain in the world by number of locations isn’t McDonald’s or Starbucks — it’s China-based Mixue Ice Cream & Tea (MXUBY) (MXUG ...

With only 13% of companies reporting thus far, S&P 500 EPS growth for Q4 2025 currently stands at 8.2%The tech sector continues to dominate, Despite a significant earnings-related slide from Intel, the Information Technology sector remained the market’s primary engine, lifted by an ongoing “AI supercycle” and strong results from names like Meta and NetflixPotential earnings surprises this week: Union Pacific, NextEra Energy, Texas Instruments, UnitedHealth Group, American Express and Regeneron Pharmaceuti ...

Nvidia on Monday released three open-source artificial intelligence models aimed at helping create better weather forecasts, faster. ...

CoreWeave (CRWV) shares pushed notably higher on Jan. 26, after Nvidia (NVDA) announced a $2 billion investment in the artificial intelligence (AI) infrastructure company. CRWV believes this deal will help accelerate its buildout of “5 gigawatts of AI factories by 2030.” Still, it may not be enough for investors to load up on its stock at current levels. More News from Barchart At its intraday peak, CoreWeave stock was seen trading nearly 65% higher than its December low. www.barchart.com Jensen Huan ...

(Bloomberg) --Nvidia Corp. is offering new open-source software and models designed to help governments and businesses more easily use artificial intelligence and complex data to build their own weather forecasting systems.Processing ContentThe chipmaker's new Earth-2 platform includes a pair of AI-based weather models designed to generate more accurate two-week weather predictions and "nowcasts," ultra short-term insights into where storms and other severe weather might have an impact six hours in advance, ...

>> "BLOOMBERG TECH" IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH. " COMING UP, NVIDIA INVESTED ADDITIONAL $2 BILLION IN COREWEAVE, EXPANDING THEIR PARTNERSHIP TO ACCELERATE THE BUILDOUT OF AI FACTORIES. CAROLINE: PLUS, CONTINUING THE ACQUISITION SPREE AS THE QUANTUM COMPANY BUYS A CHIPMAKER, SKY WANTED TECHNOLOGY, IN A DEAL WORTH $1.8% BILLION. ED: GIVING UP FOR BIG TECH EARNINGS, META, MICROSOFT, TESLA, APPLE ALSO TO REPORT EARNINGS ...

Key Takeaways Shares of CoreWeave jumped on Monday after the cloud computing company extended its partnership with Nvidia, a tie-up that last year helped fuel Wall Street's AI bubble debate. The companies on Monday announced they had expanded their partnership to accelerate CoreWeave's development of AI data centers operating on Nvidia's technology stack. Nvidia, which invested $250 million in CoreWeave during its IPO last March, agreed to invest an additional $2 billion in the company as part of the deal. ...

Market Overview - U.S. equities are showing a modest advance as investors navigate a busy week with crucial corporate earnings reports and a Federal Reserve meeting [1] - Major U.S. market indexes are trending positively, with the S&P 500 up 0.6%, the Dow Jones Industrial Average increasing by 170 points (0.3%), and the Nasdaq Composite also gaining 0.6% [2] Sector Performance - A shift in sector performance is noted, with a rotation towards energy, materials, staples, and industrials, which had previously lagged behind technology and communications stocks [3] - The technology sector is projected to contribute 60% of total earnings per share (EPS) growth in 2026, driven by AI infrastructure buildout, while the financials sector is also expected to be a strong contributor [4] Industry News - The airline sector faced declines due to widespread flight cancellations from a winter storm, with United Airlines down 0.9% and Southwest Airlines up 0.5% [5] - Natural gas futures surged by 4.5% due to cold weather following the winter storm [5] Upcoming Events - The Federal Reserve's FOMC meeting is set for January 27, with interest rate decisions expected to maintain the current range of 3.50-3.75% [7] - Earnings season is intensifying, with 103 S&P 500 companies reporting this week, including major tech firms like Apple, Microsoft, Meta Platforms, and Tesla [8][9] Economic Data - November durable goods orders increased by 5.3%, indicating a resilient economy, which may temper expectations for immediate Fed rate cuts [11] - The U.S. Conference Board Consumer Confidence Index for January is due for release, along with updates to the Producer Price Index (PPI) [11] Stock Movements - CoreWeave shares jumped 9.7% after Nvidia invested $2 billion in the company, while USA Rare Earth shares rose 11.4% following U.S. government investment commitments [13] - Microsoft stock gained 1.5%, while Nvidia slipped 0.5%. Apple is noted as the worst performer among the "Magnificent Seven" in 2026 [14] - Intel shares fell approximately 6% after a poor outlook, and Capital One Financial Corporation slid 7.6% after a profit miss [14] Geopolitical Influences - Geopolitical developments, including tariff threats and potential government shutdowns, are contributing to market uncertainty [15]