Gold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decisions from the US Federal Reserve, with an 18% probability of a hike this month and 80% in December. Heightened geopolitical tensions in Saudi Arabia and persistent global economic challenges are also in the spotlight.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave’s shares experienced a significant increase of over 26% due to strong revenue growth. The company’s recent earnings alleviated concerns about a potential artificial intelligence