Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead. The company is seeking to raise the equivalent of $3.55 billion in US and European debt markets, including what would be the first euro-denominated jun...
Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead. The company is seeking to raise the equivalent of $3.55 billion in US and European debt markets, including what would be the first euro-denominated junk-bond offering by a US AI infrastructure company. A big portion of the offering will be in euros, €2 billion ($2.3 billion), while the dollar portion will be $1.25 billion, according to people with direct knowledge of the matter. CoreWeave is pitching six-year notes at yields between 8.5% and 8.75% for the euro tranche and about 9.75% for the dollar tranche, according to the people. JPMorgan Chase & Co. is leading the offering, the person said, asking not to be identified because the discussions are private. A representative for CoreWeave declined to comment. The euro book has attracted significant demand, with more than €7 billion in orders already, one of the people said. It is attracting interest from most of the main high-yield buyers in Europe including real money accounts, hedge funds, credit funds and even some CLOs all looking to invest in what is expected to be one of the few deals in this space in Europe, they added. “European investors have been looking for ways to gain exposure to the AI buildout, but opportunities of this scale and quality have been scarce,” said Hashem Shubber , JPMorgan’s managing director of leveraged finance capital markets. The deal underscores how US companies building AI infrastructure are broadening their funding sources, accessing investor demand for exposure to the boom in markets from Canada to Japan. Alphabet Inc. and Amazon.com Inc. have together raised the equivalent of $77 billion in non-dollar bond markets since the start of last year. Those issuers, however, all enjoy investment-grade ratings while CoreWeave is rated Ba3 by Mo...
(Bloomberg) -- Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropri...
(Bloomberg) -- Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Vows New Attacks on Iran, Threatens Key Energy TargetsUS Strikes Iran in Trump Escalation
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Getty Images NVIDIA ( NVDA ) remains a Strong Buy despite a recent pullback in semiconductor stocks. AI demand continues to accelerate, and the company’s latest earnings and guidance reinforce my view that Nvidia remains one of the best-positioned beneficiaries of the ongoing AI infrastructure buildout. Since my last report , Nvidia stock has gained 13.3%, outperforming the S&P 500’s 8.5% return, ...
Getty Images NVIDIA ( NVDA ) remains a Strong Buy despite a recent pullback in semiconductor stocks. AI demand continues to accelerate, and the company’s latest earnings and guidance reinforce my view that Nvidia remains one of the best-positioned beneficiaries of the ongoing AI infrastructure buildout. Since my last report , Nvidia stock has gained 13.3%, outperforming the S&P 500’s 8.5% return, while also exceeding my base-case price target of $235.55, which implied roughly 32% upside at the time. While some investors have become cautious following the strong rally in AI and semiconductor stocks, I believe the market continues to underestimate both the duration and scale of AI-driven spending. The combination of expanding hyperscaler investments, increasing AI adoption, and Nvidia’s dominant position in accelerated computing provides a strong foundation for continued growth. As a result, I maintain my Strong Buy rating on Nvidia. In this report, I analyze the company’s latest earnings and guidance, discuss the outlook for AI infrastructure spending, and update my price target. Nvidia Aligns Reporting Segment With AI Growth Focus The importance of artificial intelligence to Nvidia’s business is clear. However, the company has now also embedded that in its reporting structure, which to me highlights that the company expects AI to be a longer-term growth story. The company has shifted from a gaming-heavy business to an AI-heavy business. The new reporting structure looks as follows: Data Center Hyperscale AI Clouds, Industrial & Enterprise, or ACIE Edge Computing It is a break from the company’s prior structure that included Data Center, Gaming, Professional Visualization, Auto, OEM & Other as market segments. The Data Center segment is the AI-heavy segment with Hyperscale, including revenues from public cloud and large internet companies, while ACIE includes purpose-built data centers and AI factors across industries and countries and highlights sovereign AI. Edge c...
This is Lowpass by Janko Roettgers , a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Severance. Pachinko. Silo. Ted Lasso. Over the past couple of years, a number of Apple TV shows have become hits with audiences and critics alike. And yet, compared to the size of other subscription services, Apple TV still barely mak...
This is Lowpass by Janko Roettgers , a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Severance. Pachinko. Silo. Ted Lasso. Over the past couple of years, a number of Apple TV shows have become hits with audiences and critics alike. And yet, compared to the size of other subscription services, Apple TV still barely makes a dent. In Nielsen's most recent The Gauge report , Apple's service failed once again to make the top 10 list of most-used streaming services, suggesting that its audience is smaller than not just that of Netflix and Disney Plus, but also Tubi, H … Read the full story at The Verge.
Last year, the U.S. government made a historic investment in MP Materials (NYSE: MP) by taking a stake in the mining company as the nation rebuilds its stockpile of crucial materials. The stock surged to $100 in the months following the news but has since fallen 42% from its 52-week high. However, there are two supercharged trends that could send the stock higher. Essential minerals are fundamenta...
Last year, the U.S. government made a historic investment in MP Materials (NYSE: MP) by taking a stake in the mining company as the nation rebuilds its stockpile of crucial materials. The stock surged to $100 in the months following the news but has since fallen 42% from its 52-week high. However, there are two supercharged trends that could send the stock higher. Essential minerals are fundamental building blocks of modern technology, defense systems, and clean-energy products. Rare-earth elements are crucial for magnets used in radar and defense technologies, while electric vehicles use a significant amount of lithium, cobalt, and nickel. What puts the U.S. in a precarious position is China's dominance of the supply chain for these minerals. According to research from The Motley Fool , China controls roughly 70% of rare-earth extraction and 90% of its processing. The need to rebuild domestic supply chains of these minerals is the first trend that could power MP Materials' stock higher. Continue reading
Market Catalysts host Julie Hyman breaks down today's trending tickers, including Intel (INTC), which jumped after receiving a rare double upgrade to buy from Bank of America (BAC). Meanwhile, DraftKings (DKNG) is also moving higher after analysts named it the "clearest winner" in sports betting as the 2026 FIFA World Cup kicks off today, June 11, setting the stage for a potential surge in wagerin...
Market Catalysts host Julie Hyman breaks down today's trending tickers, including Intel (INTC), which jumped after receiving a rare double upgrade to buy from Bank of America (BAC). Meanwhile, DraftKings (DKNG) is also moving higher after analysts named it the "clearest winner" in sports betting as the 2026 FIFA World Cup kicks off today, June 11, setting the stage for a potential surge in wagering activity.
In early trading on Thursday, shares of Intel topped the list of the day's best performing components of the Nasdaq 100 index, trading up 8.3%. Year to date, Intel registers a 214.2% gain. And the worst performing Nasdaq 100 component thus far on the day is Zscaler, trading do
In early trading on Thursday, shares of Intel topped the list of the day's best performing components of the Nasdaq 100 index, trading up 8.3%. Year to date, Intel registers a 214.2% gain. And the worst performing Nasdaq 100 component thus far on the day is Zscaler, trading do
Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company's push to build out AI infrastructure. A smaller player in the cloud-computing industry for a long time, Oracle has in recent months seized massive data-center deals with OpenAI and Meta to compete more forcefully with rivals, such as Amazon and Microso...
Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company's push to build out AI infrastructure. A smaller player in the cloud-computing industry for a long time, Oracle has in recent months seized massive data-center deals with OpenAI and Meta to compete more forcefully with rivals, such as Amazon and Microsoft. But Oracle lacks the large cash flows that have primarily funded the tech giants' outlays, forcing it to burn cash and sell debt instruments at a time its traditional software business is under pressure from the very AI tools it plans to support through its cloud.
The MSCI Information Technology Index ETF (NYSEMKT:FTEC) provides significantly cheaper access to the broad technology sector than the iShares U.S. Technology ETF (NYSEMKT:IYW) and produces nearly identical 1-year returns. Both ETFs target the domestic tech landscape, providing heavy exposure to the industry giants driving current market trends. Beta measures price volatility relative to the S&P 5...
The MSCI Information Technology Index ETF (NYSEMKT:FTEC) provides significantly cheaper access to the broad technology sector than the iShares U.S. Technology ETF (NYSEMKT:IYW) and produces nearly identical 1-year returns. Both ETFs target the domestic tech landscape, providing heavy exposure to the industry giants driving current market trends. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Roughly six months ago, our December 2025 piece flagged Vanguard Emerging Markets Government Bond Index Fund ETF Shares (NASDAQ: VWOB) as an overlooked monthly-income play for retirees, highlighting a roughly 5.7% yield, monthly distributions near $0.32 per share, and a surprise 13.5% capital gain in 2025. The thesis was simple: emerging-market sovereign debt was quietly ... 6 Months Later: Is Van...
Roughly six months ago, our December 2025 piece flagged Vanguard Emerging Markets Government Bond Index Fund ETF Shares (NASDAQ: VWOB) as an overlooked monthly-income play for retirees, highlighting a roughly 5.7% yield, monthly distributions near $0.32 per share, and a surprise 13.5% capital gain in 2025. The thesis was simple: emerging-market sovereign debt was quietly ... 6 Months Later: Is Vanguard’s Overlooked Monthly Income ETF Still Worth It?
georgeclerk Twist Bioscience ( TWST ) was the only Overweight-rated stock as Piper Sandler launched its coverage of the life sciences tools sector, recommending a wait-and-see approach until the group sees its next significant growth driver. Analyst David Westenberg argued that he is seeing the first signs of recovery in the tools sector, which was dragged down over the past three years by headwin...
georgeclerk Twist Bioscience ( TWST ) was the only Overweight-rated stock as Piper Sandler launched its coverage of the life sciences tools sector, recommending a wait-and-see approach until the group sees its next significant growth driver. Analyst David Westenberg argued that he is seeing the first signs of recovery in the tools sector, which was dragged down over the past three years by headwinds in the academic & government segments, biotech funding, and China policy. “The setup for 2026 and 2027 appears clear: the sector is moving from a 'headwind-dominated' narrative to one of fundamental normalization,” Westenberg wrote, adding that despite the reversal, it will take some time for the industry to return to 10% earnings growth. “We believe investors can buy multi-year growth compounding stocks early, middle, and late into their growth cycles but would simply prefer to wait out a couple of quarters for the sector to perform like it did pre-COVID,” Westenberg wrote. The analyst initiated major tools stocks, Agilent ( A ), Danaher ( DHR ), Bio-Techne ( TECH ), Thermo Fisher Scientific ( TMO ), Waters Corporation ( WAT ), bioMérieux ( BMXMF ), and DiaSorin ( DSRLF ), with Neutral ratings. Twist Bioscience ( TWST ) was the only stock in the group to receive an Overweight rating due to its exposure to next-gen drug discovery and development. “We believe TWST is a pure play on this right now, but the opportunity could extend to much of the life sciences sector,” the analyst wrote, citing the company’s exposure to artificial intelligence. In terms of price objectives, Westenberg issued $150, $200, $65, $510, and $400 per-share targets for Agilent ( A ), Danaher ( DHR ), Bio-Techne ( TECH ), Thermo Fisher Scientific ( TMO ), and Waters Corporation ( WAT ), respectively. BioMérieux ( BMXXY ) and DiaSorin ( DSRLF ) received €80 and €75 targets, respectively, while Twist Bio ( TWST ) drew an $85 target. More on Twist Bioscience Twist Bioscience Corporation (TWST) Presents...
Workers sort parcels on an intelligent sorting line at a J&T Express transfer center in Nanjing, Jiangsu province. Photo: VCG China’s State Post Bureau has opened an investigation into J&T Global Express Ltd. over safety-management lapses after a series of workplace accidents at the courier’s operations this year. The probe into the Hong Kong-listed company underscores growing regulatory scrutiny ...
Workers sort parcels on an intelligent sorting line at a J&T Express transfer center in Nanjing, Jiangsu province. Photo: VCG China’s State Post Bureau has opened an investigation into J&T Global Express Ltd. over safety-management lapses after a series of workplace accidents at the courier’s operations this year. The probe into the Hong Kong-listed company underscores growing regulatory scrutiny of safety and service quality in China’s fiercely competitive logistics sector, where prolonged price wars have put pressure on operators.
In this article LYFT UBER Follow your favorite stocks CREATE FREE ACCOUNT A Lyft sticker is displayed on a car on Feb. 10, 2026 in San Francisco, California. Justin Sullivan | Getty Images Lyft joined Uber Technologies in suing New York City to block a new law they said would force them to keep bad drivers who threaten public and passenger safety on their platforms. The Lyft lawsuit was filed late...
In this article LYFT UBER Follow your favorite stocks CREATE FREE ACCOUNT A Lyft sticker is displayed on a car on Feb. 10, 2026 in San Francisco, California. Justin Sullivan | Getty Images Lyft joined Uber Technologies in suing New York City to block a new law they said would force them to keep bad drivers who threaten public and passenger safety on their platforms. The Lyft lawsuit was filed late Wednesday in Manhattan federal court, 24 hours after Uber sued. Both companies are challenging Local Law 52 of 2026, which generally prevents large ride-sharing companies from swiftly dismissing drivers absent a "bona fide economic reason" or "just cause." The companies said the law targeting "wrongful deactivations" violated their due process and free speech rights under the U.S. Constitution. They also said the law threatened irreparable harm by undermining their reputation and goodwill while keeping unsafe drivers, including those accused of sexual misconduct, on the road. Lyft called the law "hazardous" and Uber called it "reckless." The law would take effect on July 28, after the City Council in January overwhelmingly overrode former Mayor Eric Adams' veto. A spokesman for New York City's law department said on Thursday it is reviewing both cases. Uber and Lyft, both based in San Francisco, have faced criticism that they don't do enough to stop drivers who abuse passengers or commit fraud. As of June 1, Uber faced 3,571 lawsuits, and Lyft faced 54 lawsuits in nationwide litigation in San Francisco federal court accusing drivers of sexual misconduct. In challenging the New York City law, Lyft and Uber objected to requirements that they give drivers 14 days' notice before letting them go, and potentially rehire drivers deactivated since 2019 solely because they did not receive such notice. They also objected on privacy grounds to requiring passengers to detail alleged misconduct to accused drivers, and objected to a heightened burden of proof when defending against driv...