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The artificial intelligence (AI) infrastructure buildout is entering a new phase, with Neocloud providers rapidly emerging to capture a massive share of the total AI spending. Impressively, Neocloud providers — specialized companies built…
Wall Street delivered a moderate performance last week. The S&P 500 added about 0.5%, the Dow Jones lost about 0.6%, and the Nasdaq-100 surged about 1.1% last week as growth stocks rallied on hopes that the Fed will stay put in the Septemb…
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Imitation is the sincerest form of flattery. What, then, is taking a strategy and applying leverage to it? Or conversely,…
CoreWeave CRWV shares surged about 15% in extended trading Tuesday after the AI infrastructure provider reported second-quarter results that exceeded Wall Street expectations. Revenues soared 112% year over year to $2.58 billion.Revenues s…