CoreWeave and OpenAI results lift US futures; bond yields hit 19-month high

nl.investing.com (Dutch) —

US stock futures rose Wednesday as AI sentiment improved after CoreWeave's strong earnings, though Fed rate hike bets shook global bond markets. S&P 500 futures gained 0.6%, Nasdaq 100 futures rose 1.5%, and Dow futures added 0.2%. CoreWeave forecast annual revenue of $13-13.3 billion, beating Wall Street estimates, with third-quarter revenue of $3.66 billion also exceeding expectations. Shares jumped over 18% after hours. Anthropic's bankers are considering raising its IPO valuation to $1.5 trillion or more, while OpenAI reported $10 billion in quarterly revenue. Oil prices stabilized near $91.92 per barrel for Brent as markets watched for signs of de-escalation in the US-Israel conflict with Iran. Short-term US Treasury yields hit a 19-month high following higher-than-expected inflation data and hawkish Fed comments.


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