Shares of artificial intelligence (AI) cloud platform company CoreWeave (NASDAQ: CRWV) have soared this week. As of Friday afternoon, the stock was 29.3% higher for the week, according to data provided by S&P Global Market Intelligence . Two big announcements spurred the move. But investors need to balance the new business gains against the company's continued losses. Continue reading
Shares of artificial intelligence (AI) cloud platform company CoreWeave (NASDAQ: CRWV) have soared this week. As of Friday afternoon, the stock was 29.3% higher for the week, according to data provided by S&P Global Market Intelligence . Two big announcements spurred the move. But investors need to balance the new business gains against the company's continued losses. Continue reading
One day after climbing on news of a $21 billion deal with Meta Platforms , CoreWeave (NASDAQ: CRWV) was surging today after it added Anthropic to its customer roster. CoreWeave announced a multi-year agreement with the fast-growing AI start-up to bring compute online later this year. As a result, CoreWeave stock was up 14% on the news as of 11:24 a.m. ET, surging through the morning. Continue read...
One day after climbing on news of a $21 billion deal with Meta Platforms , CoreWeave (NASDAQ: CRWV) was surging today after it added Anthropic to its customer roster. CoreWeave announced a multi-year agreement with the fast-growing AI start-up to bring compute online later this year. As a result, CoreWeave stock was up 14% on the news as of 11:24 a.m. ET, surging through the morning. Continue reading
Key PointsMechanics Bank Trust sold 1,121,270 shares of Mechanics Bancorp during the first quarter of 2026. The estimated trade value was $16.8 million (based on the average quarterly pricing).
Key PointsMechanics Bank Trust sold 1,121,270 shares of Mechanics Bancorp during the first quarter of 2026. The estimated trade value was $16.8 million (based on the average quarterly pricing).
In today's video, I discuss recent updates affecting CoreWeave (NASDAQ: CRWV) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.
In today's video, I discuss recent updates affecting CoreWeave (NASDAQ: CRWV) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.
A stock ticker that befits SpaceX ahead of its blockbuster IPO just became available. Matt Tuttle of Tuttle Capital Management has changed the ticker on his Nasdaq-listed SPAC fund from SPCX to SPCK, freeing up a ticker that SpaceX could claim for an upcoming public listing expected to value Elon Musk ’s rocket company at more than $2 trillion. SpaceX hasn’t publicly filed paperwork specifying a t...
A stock ticker that befits SpaceX ahead of its blockbuster IPO just became available. Matt Tuttle of Tuttle Capital Management has changed the ticker on his Nasdaq-listed SPAC fund from SPCX to SPCK, freeing up a ticker that SpaceX could claim for an upcoming public listing expected to value Elon Musk ’s rocket company at more than $2 trillion. SpaceX hasn’t publicly filed paperwork specifying a ticker. But SPCX looks like a clear candidate, and as of this week, it’s free. There’s precedent. Mark Zuckerberg acquired the META ticker from Roundhill Investments in 2022 when Facebook rebranded, taking over a symbol that had belonged to a small metaverse ETF. The episode helped establish an informal secondary market for stock tickers, where ETF issuers sometimes squat on symbols tied to high-profile private companies in hopes of cashing out when they go public. “Tuttle knows what he is doing. He saw what happened with Roundhill and had the wherewithal to keep his languishing SPAC ETF alive in the off chance Elon called,” said Eric Balchunas , senior ETF analyst at Bloomberg Intelligence . The fund has just $7 million in assets and was launched in 2020. “Sometimes it’s better to be lucky than good.” SpaceX did not respond to a request for comment. Read earlier coverage: Race for Hottest Tickers Creates Shadow Market on Wall Street Research suggests that memorable, intuitive tickers enjoy advantages like lower spreads and greater liquidity — and are more popular with retail investors. Tickers that are easy to process can increase attention and buying pressure, leading to short-term price increases. The company could ultimately choose a different symbol — X, SPAX or MARS among the alternatives drawing bets on prediction markets, though the latter is an existing ETF run by Roundhill. But with SPCX now available, the speculation has a fresh data point. Tuttle, who is CEO of Tuttle Capital, declined to comment, citing business confidentiality. Over on Polymarket, users are alr...
(RTTNews) - After opening modestly higher, the Canadian market gained further ground in positive territory Friday morning, supported by strong gains in materials, technology, utilities and energy sectors.
(RTTNews) - After opening modestly higher, the Canadian market gained further ground in positive territory Friday morning, supported by strong gains in materials, technology, utilities and energy sectors.
MF3d Economic recession risks are expected to become more visible this fall if the conflict in the Middle East continues to drag on, according to Ana Boata, head of economic research at Allianz Trade. In an interview with CNBC, Boata emphasized that “time is of the essence,” as every week the conflict persists, further deteriorating corporate confidence and increasing economic costs. Global trade ...
MF3d Economic recession risks are expected to become more visible this fall if the conflict in the Middle East continues to drag on, according to Ana Boata, head of economic research at Allianz Trade. In an interview with CNBC, Boata emphasized that “time is of the essence,” as every week the conflict persists, further deteriorating corporate confidence and increasing economic costs. Global trade growth is expected to slow significantly this year, falling to between 2% and 5%—far below the 10% growth previously anticipated. “Nobody expects 10% export growth this year,” Boata said, adding that current growth is “more prices than volumes,” highlighting how rising prices rather than increased trade activity are driving the modest expansion. Supply chain disruptions remain a critical concern, with 65% of exporters surveyed identifying supply-side risks as a top worry. Boata warned that ripple effects from the war will impact critical raw materials, including “oil and gas, then we’ll have fertilizers, helium. We will have aluminum.” These constraints are expected to eventually affect sectors ranging from food production to AI and construction. Despite the mounting risks, companies are demonstrating resilience by actively implementing mitigation strategies. Exporters are “front-loading, stockpiling,” and “adjusting the suppliers and diversifying them,” according to Boata, who noted that businesses are “all hands on in order to avoid any kind of prolonged supply issues.” This proactive approach stems from lessons learned during the pandemic, the 2022 energy crisis, and recent trade wars. In a downside scenario involving prolonged disruptions, the Eurozone could see growth as low as 0.2% over the year, Boata projected. Inflationary pressures will likely force central banks to raise interest rates, creating tighter financing conditions and potential equity market corrections that could start to “bite at the turn of this year” in the U.S. Asia remains a relative bright spot a...
MJ_Prototype/iStock via Getty Images Shares of Coherent ( COHR ) jumped about 7% on Friday after the company announced advancements in its silicon carbide, or SiC, epitaxy capabilities, enabling power devices up to 10 kilovolts for next-generation AI data center and industrial power applications. Epitaxy is a crystal growth technique used to deposit a thin, single-crystal film onto a crystalline s...
MJ_Prototype/iStock via Getty Images Shares of Coherent ( COHR ) jumped about 7% on Friday after the company announced advancements in its silicon carbide, or SiC, epitaxy capabilities, enabling power devices up to 10 kilovolts for next-generation AI data center and industrial power applications. Epitaxy is a crystal growth technique used to deposit a thin, single-crystal film onto a crystalline substrate, where the new layer replicates the atomic structure and orientation of the substrate. It is a key process in producing high-purity semiconductor devices. Coherent said its latest 150 mm and 200 mm thick epitaxy platforms support device architectures up to 10 kilovolts, or kV, in production. These platforms have shown capability extending even beyond 10 kV, enabling improved performance in demanding operating environments. The company noted that these advancements allow customers to develop more compact, energy-efficient power conversion systems for both multi-megawatt data centers and industrial infrastructure. "Our new thick epitaxy capability for multi-kilovolt SiC devices enables customers to achieve higher efficiency and power density in critical applications such as energy infrastructure, high-capacity uninterruptible power supplies, and advanced power distribution systems in AI data centers," said Gary Ruland, senior vice president, Silicon Carbide. More on Coherent Coherent's Hidden Bottleneck Is Powering This Rally Coherent: AI Demand And NVIDIA Partnership Drive Re-Rating And Renewed Buy Call Coherent Corp. (COHR) Discusses Photonics Innovation and Data Center Communications at OFC - Slideshow Memory, storage and optical stock declines drag down chip sector Tower Semiconductor, Coherent gain on 400 Gbps data transmission milestone
primeimages/iStock via Getty Images A U.S.-Iran ceasefire is prompting investors to reassess market sentiment, geopolitical risk, and the outlook for inflation. What does it mean for positioning from here? Michael Craig, Managing Director, Head of Asset Allocation and Derivatives at TD Asset Management, discusses the latest developments and the implications for Canada. Transcript Greg Bonnell: A c...
primeimages/iStock via Getty Images A U.S.-Iran ceasefire is prompting investors to reassess market sentiment, geopolitical risk, and the outlook for inflation. What does it mean for positioning from here? Michael Craig, Managing Director, Head of Asset Allocation and Derivatives at TD Asset Management, discusses the latest developments and the implications for Canada. Transcript Greg Bonnell: A ceasefire between the US and Iran is shifting the tone across global markets. Joining us now to break it all down is Michael Craig, head of asset allocation at TD Asset Management. Michael, thanks for joining us. Michael Craig: A pleasure. Greg Bonnell: Right off, what's your view here? Michael Craig: Yeah, a few things. We're in, obviously, a materially better place today than we were a few days ago. We avoided a humanitarian catastrophe which was being threatened by Trump. We're certainly at a worse place than we were versus a month ago. And I think this truly is, in the spirit of a ceasefire, a timeout, but really with no fundamental issues resolved other than just an agreement that we're going to continue to talk. But it's going to be challenging to see how things evolve from here in terms of each side walking away with something. Those demands, I think, are going to be quite difficult to work through. So certainly some relief in the markets, but I don't think that you can wave the all-clear signal at this time. Greg Bonnell: Yeah, you wake up to that relief today or even yesterday evening-- sort of, OK, now we've got this truce. What are we watching now? We've got two weeks, right? What are you watching? Michael Craig: You certainly look for violations of ceasefire. You want to see hostilities dial back in Lebanon, attacks on Gulf infrastructure, and really, to see what happens with shipping through the Strait of Hormuz. I think the issue today is that Iran now has really seized control of that choke point. And that choke point has tremendous implications for global gro...
The may be on a hot streak but some of its stocks are absolutely on fire. The index has climbed for seven consecutive days through Thursday’s close—up 7.6% over that period—its longest winning streak since October. Intel stock is the best performer over the S&P 500’s streak, climbing 50%.
The may be on a hot streak but some of its stocks are absolutely on fire. The index has climbed for seven consecutive days through Thursday’s close—up 7.6% over that period—its longest winning streak since October. Intel stock is the best performer over the S&P 500’s streak, climbing 50%.