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Jon Keegan5/16/25

CoreWeave pops on news of $900 million Nvidia stake

Shares of AI cloud computing provider CoreWeave shot up over 20% today after an SEC filing revealed the large stake in the company held by Nvidia.

CNBC reports that this stake was worth $900 million as of March.

Such a substantial stake by Nvidia is a big vote of confidence in the company, which recently left investors wanting more from its guidance after its first quarter reporting as a public company.

(That being said, if Nvidia’s involvement with CoreWeave’s equity is something that strikes you as new news, you probably haven’t been paying close attention. The cloud computing company’s IPO was anchored by the chip designer.)

Nvidia owned $900 million in CoreWeave stock as of March, filing shows

Nvidia owned $900 million in CoreWeave stock as of March, filing shows

(That being said, if Nvidia’s involvement with CoreWeave’s equity is something that strikes you as new news, you probably haven’t been paying close attention. The cloud computing company’s IPO was anchored by the chip designer.)

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Tasha Matsumoto

Stocks climb higher as investors shake off hawkish Fed commentary

The S&P 500 and Nasdaq 100 continued their streak of monthly wins.

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Western Digital Stock Rallies as Wall Street Raises Estimates

Western Digital rallies as Wall Street sees more gains ahead

Analysts responded to yesterday’s Western Digital earnings by rapidly ramping up price targets.

Matt Phillips23h

December rate cut odds creep lower with Federal Reserve hawks out in full force

A cacophony of hawkish commentary.

Federal Reserve To Make Highly Anticipated Interest Rate Announcement This Week

markets

J. Edward Moreno10/31/25

Gene-editing stocks rally on Bloomberg report that FDA plans to fast-track approval process

Shares of biotechs working with gene-editing treatments rose after the industry’s top regulator told Bloomberg News that the Food and Drug Administration plans to publish a paper in early November outlining the agency’s new, faster approach to approving those treatments.

FDA Clears Way for Faster Personalized Gene Editing Treatments

FDA Clears Way for Faster Personalized Gene Editing Treatments

Amazon pulled off its monster quarter despite being left out of OpenAI’s tangle of deals

Amazon’s AWS revenue grew 20% year on year, and will hit $125 billion in capex for the year. CEO Andy Jassy said the 14,000 jobs cut weren’t about money, but about “culture.”

AWS re:Invent 2024

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