Five things to know ahead of today's opening bell. President Trump announcing tariffs on imports from Canada of 35% effective August 1st. In a letter to Prime Minister Mark Carney posted on Truth Social, Trump attributed fentinel as a reason for the higher rate.Secretary of State Marco Rubio met with China's foreign minister in Malaysia today. It's their first in-person meeting as trade tensions between the two countries continue. After the meeting, Rubio said a summit between Presidents Trump and she is li ...

CoreWeave's (NASDAQ: CRWV ) is an AI-focused Cloud computing start-up that benefits from a massive upsurge in generative AI spending. Strong demand for GPUs that are being used to train and run large language models is why the company’s MarchAnalyst’s Disclosure:I/we have a beneficial long position in the shares of NBIS, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Se ...

《科创板日报》20日讯，据港交所披露，PPIO提交港交所上市申请，联席保荐人为工银国际、申万宏 源香港。招股书显示，PPIO是中国独立分布式云计算服务商，按计算节点数计算，运营着中国最大的 算力网络，截至2024年12月31日，PPIO 的算力网络覆盖全球1200多个县市，包含4000多个计算节点。 （记者 黄心怡） PPIO提交港交所上市申请 ...

The company is growing rapidly, but it's struggling to generate positive cash flow. Artificial intelligence (AI) is changing the game for many sectors. Cloud computing is no exception. The outsourced data center and computing strategy that has steadily gained market share in the last two decades is now seeing accelerating growth because of AI, which requires an immense amount of compute to train and operate. Fast growth from CoreWeave has not come without a price. The company had a $27.4 million operating l ...

Alphabet(GOOG.O)涨幅扩大至1.7%，消息称OpenAI在新的云计算合作中与谷歌合作以获取更多算力。 ...

Shares of CoreWeave (CRWV -16.97%) are falling on Thursday, down 16.2% as of 2:13 p.m. ET. The large drop comes as the S&P 500 (^GSPC -0.15%) and the Nasdaq Composite (^IXIC -0.47%) fell by 0.3% and 0.1%, respectively.CoreWeave stock's sharp drop isn't really being driven by specific news from today; rather, it's a retreat from the stock's recent massive run-up. The stock was up nearly 50% this week before today's fall after the company announced several catalysts.CoreWeave inks a key dealCoreWeave, which p ...

Core Insights - Alibaba is making significant strides in cloud computing and AI, positioning itself as a major player in these sectors, which the market may be overlooking [1] Company Developments - The company has successfully pivoted towards becoming a key player in cloud computing, indicating a strategic shift in its business model [1] Market Position - Alibaba's advancements in cloud computing and AI suggest potential for growth and increased market share, highlighting an opportunity for investors [1]

Group 1: AI Market Overview - Artificial intelligence (AI) is projected to have a $20 trillion impact on the global economy by 2030 [1] - There is a significant influx of investment into data centers to support an AI-driven economy [3] Group 2: CoreWeave - CoreWeave is a leading operator of purpose-built data centers for AI, capitalizing on the demand for modern infrastructure [3] - The company reported a revenue increase from $189 million in Q1 2024 to $982 million in Q1 2025 [4] - CoreWeave has a revenue backlog of $25.9 billion, a 63% increase year-over-year, largely due to an $11.9 billion deal with OpenAI [5][6] - The company generates most of its revenue from long-term contracts, which enhances visibility for future revenue [6] - CoreWeave has secured 420 megawatts of power for its 33 AI-optimized data centers and has contracts for up to 1.6 gigawatts over several years [8] - The stock has a market cap of $53 billion, with a forward price-to-sales ratio of 11 based on 2025 revenue outlook [9] Group 3: Advanced Micro Devices (AMD) - AMD is positioned as a competitor in the AI chip market, which is valued at $500 billion, despite Nvidia's dominance [10] - The company has seen a 36% year-over-year revenue increase, driven by strong demand in data centers and Ryzen processors [12] - AMD's adjusted earnings increased by 55% year-over-year, indicating robust growth potential despite mixed results in other segments [12] - The launch of over 30 computing workloads using AMD's fifth-generation EPYC Turin chip across major cloud providers highlights its market presence [13] - AMD's acquisition of ZT Systems aims to enhance its competitive position by offering integrated AI computing systems [14] - The stock is trading at 28 times 2025 earnings estimates, suggesting it may be undervalued given its growth prospects [15]

Xunlei (XNET) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Company Participants Luhan Tang - Investor Relations ManagerNaijiang Zhou - CFO Conference Call Participants None - Analyst Operator Welcome, ladies and gentlemen, and thank you for the patience. You've joined Xinlei's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to turn the call over to the host, In ...

Xunlei (XNET) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Speaker0 Welcome, ladies and gentlemen, and thank you for the patience. You've joined Xinlei's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to turn the call over to the host, Investor Relations Manager, Ms. Lujan Tang. Please go ahead. Speaker1 Good morning, everyone, and thank you for joining Xunlei ...