U.S. stocks closed lower with AI concept stocks mostly down, CoreWeave fell more than 13.92%
Odaily reported that according to MSX.COM data, at the US stock market close, the Dow Jones fell 0.03%, the S&P 500 Index lost 0.22%, the Nasdaq fell 0.66%, and the VIX volatility index rose 0.85%. AI-related stocks declined across the board, with CoreWeave down 13.92%, KLA down 11.77%, Teradyne down 11.68%, Astera Labs down 10.8%, and Micron down 10.57%. It is reported that MSX is a leading RWA trading platform, which has listed hundreds of RWA tokens, covering popular US stock and ETF token assets such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House did not intervene in the decision-making of Nvidia's board of directors.
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
Crypto prices
More
