Revenue growth is also likely to remain in double digits, albeit slower, given the high base effect of the previous year’s June quarter. In addition, benign input costs will continue to support operating profitability.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following