🚀 AI is still carrying the team on its back!
CoreWeave announces a spectacular 168% increase in Q3 revenue and raises its full-year forecast to $13.3 billion. Its stock soars 10%, despite a net loss of $709M due to interest expenses.
🔥 Quick analysis:
• The appetite for AI infrastructure shows no sign of slowing (Anthropic is even targeting an IPO valuation of $1.5 trillion!), lifting AI-related stocks like IREN and CIFR.
• However, U.S. inflation remains high: the probability of a Fed rate hike in December has reached 86%, and the DXY has topped 102, keeping BTC around $74,000.
💡 What should you do as a trader? Don’t give in to FOMO or buy at the top! Take advantage of market swings to accumulate AI-related cryptocurrencies backed by real infrastructure, and manage your capital carefully ahead of rate announcements.
⚠️ This is not financial advice.
#CoreWeaveJumps10%On168%RevenueGrowth
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