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By Tharuniyaa Lakshmi and Purvi Agarwal

Oct 14 (Reuters) - Wall Street’s main indexes edged lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earnings.

Data showed US consumer prices accelerated in September amid a surge in gasoline costs, leading traders to bolster bets of a rate hike in October. They now see a 46% chance of a quarter-point increase compared with a 21.6% chance before the fig

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CoreWeave’s stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out.

Shares of the so-called neocloud nosedived 16%, while yields on its debt jumped higher. The yield to maturity on its 9.625% bond due in 2032 is sitting at 14.8%, while that of its 9.75% bond due in 2031 is around 14.9%. Bond yields move inversely to prices.

While investors were once excited about gettin

Host Ejaaz Ahamadeen breaks down Meta's Muse Wonder, from benchmarks and price tag to Active Focus and Active Memory, and lays out what Zuckerberg's personal-AI-agent strategy means for Anthropic and OpenAI IPOs.

I don't know how he did it, but Mark Zuckerberg and Mehta might have just pulled off the biggest comeback in AI ever. They just released their new model called Muse Wanda. It's basically the largest AI model that they've ever released, and it competes directly with Claude Opus 5.5, GPT

Investing.com - S&P 500 futures inched higher on Wednesday, while Nasdaq futures hovered below the flatline, as investors geared up for the release of key U.S. inflation data and a fresh batch of large bank earnings.

By 05:37 ET (09:37 GMT), S&P 500 futures had ticked up by 14 points, or 0.2%, while Nasdaq futures had edged down by 22 points, or 0.1%. Dow futures, meanwhile, gained 217 points, or 0.4%.

The main averages on Wall Street finished lower in the prior session, weighed down in part b

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ASML said Wednesday that some of its customers are expressing interest in placing orders for its critical semiconductor tools for 2029 and 2030 as the company reported third-quarter profit that beat expectations.

The comments will likely comfort investors who have been looking to assess the longer-term demand outlook for ASML’s lithography machines.

“Our customers continue to increase their short- and medium-term equipment demand forecasts with us, driven primarily by their vi

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Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open.

Taiwan has agreed to purchase 30% of gas sourced from a proposed liquefied natural gas project in Alaska, according to U.S. President Donald Trump.

The latest economic data coming out of Asia on Wednesday offers clues to the region’s growth outlook, with China’s producer prices rising at

Investing.com -- KLA Corporation shares slid 4.1% in afternoon trading to reach $182.29 as a coordinated sell-off struck the semiconductor equipment sector, with investors choosing today to lock in gains from a year in which the stock had surged more than 50% heading into the session. The move was part of a group-wide rotation out of chipmaking tool makers rather than a response to any KLA-specific announcement.

Comments made by Applies Materials’ management during an investor meeting also weig

Semiconductor stocks have been getting crushed in recent days, but CNBC’s Jim Cramer said Tuesday there’s a compelling reason not to give up on the group.

The VanEck Semiconductor ETF has fallen 7.2% over six consecutive sessions, and Cramer warned that rising oil prices and interest rates could prolong the sell off. However, he argued chip stocks are increasingly trading together regardless of their individual fundamentals, obscuring the strong demand that fueled the sector’s remarkable rally

Investing.com -- Nvidia Corp has agreed to purchase stakes in four French technology companies, according to a report by French newspaper Les Echos on Tuesday.

The chipmaker will acquire minority positions in Doctolib, Genesis AI, Pigment, and Entalpic, the newspaper said. Nvidia Chief Executive Jensen Huang announced the investments at a reception held at Place Vendôme in Paris, attended by French Economy Minister Roland Lescure and representatives from French technology companies.

Get instan

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There’s a new picks-and-shovels play on the artificial intelligence build-out, but CNBC’s Jim Cramer said Tuesday that investors should keep the stock at arm’s length.

The “Mad Money” host gave two primary reasons for holding off on Accelevation Holdings: He’s becoming more cautious about data center stocks ahead of the midterm elections and prefers established companies with proven track records. That’s why Cramer’s Charitable Trust, the portfolio run by the CNBC Investing Clu

Investing.com -- Fermi Inc (NASDAQ: FRMI) shares jumped 13.2% in premarket trading Tuesday after the company announced a credit support agreement with AMD for its Project Matador AI infrastructure development in Carson County, Texas.

The agreement with Advanced Micro Devices Inc (NASDAQ: AMD) supports a lease for phase one of the project, which will deliver 222 megawatts of gross power capacity. The deal represents a key milestone toward securing project financing for the facility. The companie

Investing.com -- Navitas Semiconductor stock is rising 3.1% in pre-open trading today after the company and NVIDIA jointly unveiled a 24 kW, 800 V-to-12 V DC-DC power delivery board designed to advance power architecture in AI data centers. The board converts 800 VDC directly to 12 VDC and was developed in collaboration with NVIDIA to support the NVIDIA MGX ecosystem, eliminating the traditional 50 V-to-12 V intermediate bus converter stage in a single-stage design. Engineered to fit NVIDIA’s 40

SANTA CLARA, Calif. - Marvell Technology Inc. (NASDAQ:MRVL) announced Tuesday two connectivity products designed for AI infrastructure: the Alaska E 3.2T protocol-aware retimer and second-generation Alaska A 1.6T AEC DSP.

The Alaska E 3.2T retimer provides 3.2 terabits per second aggregate bandwidth through 16 lanes of 224G PAM4 connectivity. The device supports Ethernet, UALink and ESUN protocols and offers insertion loss compensation exceeding 45 decibels for on-board and backplane applicatio

SAN JOSE, Calif. - Credo Technology Group Holding Ltd (NASDAQ:CRDO) is demonstrating its OmniConnect Weaver memory fanout gearbox on an AMD Versal AI Edge Series Gen 2 adaptive SoC evaluation board this week at the 2026 OCP Global Summit in San Jose, according to a press release statement.

The demonstration shows the technology enabling high memory bandwidth and capacity on programmable logic-based platforms. The system uses terabytes-class of LPDDR memory over VSR links on standard organic pac