Nebius, CoreWeave Likely to Keep Benefiting Amid Rising AI Data Center Pricing: Wedbush

Seeking Alpha41minutes ago

Widening CEO-worker Pay Gap Amplifies Battle Over Wealth Inequality

Seeking Alpha19:10

IMF Deputy Managing Director: What Stablecoins Mean for Emerging Markets

Author: Dan Katz, First Deputy Managing Director of the International Monetary Fund (IMF); Compiled by: Qin Jin The following is the full text of the speech delivered by Dan Katz, First Deputy Managing Director of the International Monetary Fund (IMF), at the University of Cape Town in South Africa on August 7. Good morning. Thank you, Vice-Chancellor, for your kind introduction. I am delighted to be here at the University of Cape Town. While this may be the oldest institution of higher learning in the region, it is also one of the most forward-looking and future-oriented universities, thanks to your Financial Innovation Hub. As new technologies reshape

Jinse Finance08:49

“AI Cloud Duo” CoreWeave and NEBIUS Report Strong Results! Compute Leasing Prices Surge, with Significant Premiums on Short-Term Contracts

Nebius and CoreWeave—two computing power leasing companies with NVIDIA equity stakes—released their Q2 financial reports around August 12, both exceeding market expectations. More importantly, management from both companies independently highlighted the same phenomenon during their earnings calls: AI computing power leasing prices are hitting record highs, with particularly significant premiums for short-term contracts. The core driver behind this round of price increases remains the severe shortage of computing capacity available for immediate delivery in the market. Nebius CEO Arkady Volozh stated during the earnings call that the company held its first computing capacity...

wallstreetcn08:38

US Stock Market Close | Easing PPI data alleviates rate-hike pressure; three major indices rise, with the S&P 500 closing at a record high. Workday surges 18%, lifting software stocks collectively, as the IGV ETF gains over 3%. Chinese ADRs decline: JD.co

The three major U.S. stock indices closed higher across the board, with the Dow Jones Industrial Average rising 0.13%, the S&P 500 gaining 0.65%, and the Nasdaq Composite advancing 0.81%. Salesforce surged more than 4% and Merck rose 2%, leading gains in the Dow. The Wind U.S. Mag 7 Index climbed 0.82%, with Tesla up over 3.5% and Facebook (Meta) rising more than 2.5%. SpaceX fell more than 3%. The Nasdaq Golden Dragon China Index dropped 1.84%, with JD.com declining over 7% and PDD Holdings falling more than 5%.

wallstreetcn06:52

Workday shares surged, lifting software stocks broadly, amid reports that Silver Lake is planning to acquire Workday.

According to media reports, private equity giant Silver Lake is in negotiations to acquire Workday. The news spurred a surge of up to 30% in Workday’s shares and lifted AI software stocks including Cloudflare, Palantir, and Salesforce. Workday had previously been a prime target in the narrative of AI disrupting the software industry; as of Wednesday’s close, its stock was down 18% year-to-date.

wallstreetcn04:17