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But we saved everything 🙂.
CoreWeave reported earnings that surpassed expectations and raised its guidance, prompting commentary on its impact for the broader AI trade.
Jesse Cohen, identified as a Senior Markets Analyst at Investing.com, described CoreWeave's performance as effectively saving the whole AI trade.
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Cohen has recently covered major shifts in tech and semiconductor stocks. He reported on SK Hynix's 10% decline in Korea trading, which erased $85 billion in market value on concerns over Chinese competition. He also noted that Taiwan Semiconductor posted a record $23.55 billion Q3 net profit and raised its full-year sales growth forecast.