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Bloomberg46d agoneutral
AI Cloud Provider Lambda Taps Loans for Nvidia-Tied Chip Deal

(Bloomberg) -- Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is selling a leveraged loan to finance a chip deal as the risky debt market becomes a new front in the borrowing binge to finance the artificial intelligence buildout. Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billi

Inflation Figures, Earnings: What to Watch This Week
The Wall Street Journal46d agoneutral
Inflation Figures, Earnings: What to Watch This Week

Monday Earnings (a.m): Barrick Mining Earnings (p.m.): Simon Property, Rocket Lab, JBS, Hims & Hers Health, Trump Media Tuesday Economic data: NFIB small-business index for July, existing home sales Earnings: Cardinal Health, Lumentum, CoreWeave, Super Micro, On Holding, Smithfield Foods Wednesday Inflation data: Consumer price index for July, 8:30 a.

Core Scientific (CORZ) Shareholders Rejected a $9B Sale. Does the AMD Deal Vindicate Them?
Insider Monkey46d agoneutral
Core Scientific (CORZ) Shareholders Rejected a $9B Sale. Does the AMD Deal Vindicate Them?

Core Scientific, Inc. (NASDAQ:CORZ) announced a major infrastructure partnership with Advanced Micro Devices, Inc. (NASDAQ:AMD) on July 28, giving the chipmaker’s ecosystem access to more than 500 megawatts of U.S. data-center capacity beginning in 2027. The arrangement can expand to 2.5 gigawatts. Core Scientific shares rallied in premarket trading. The agreement is more substantial than […]

CoreWeave (CRWV) Wins Bigger AI Trading Capacity Deal As Finance Demand Deepens
Simply Wall St.47d agobullish
CoreWeave (CRWV) Wins Bigger AI Trading Capacity Deal As Finance Demand Deepens

CoreWeave (NasdaqGS:CRWV) has expanded its AI cloud partnership with trading firm IMC, which is scaling up capacity for advanced financial trading workloads. IMC is moving from initial production use of CoreWeave to a materially larger capacity agreement focused on high intensity AI and machine learning tasks. Jane Street is reportedly refinancing about US$11b in debt with an eye on AI investments after previously committing significant capital to CoreWeave. The two trading firms' moves...

Berkshire Hathaway earnings, CPI inflation data, & more: What to Watch
Yahoo Finance Video48d agoneutralVIDEO
Berkshire Hathaway earnings, CPI inflation data, & more: What to Watch

Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the top stories for investors to watch this weekend and next week, including Berkshire Hathaway (BRK-B, BRK-A) quarterly earnings on Saturday, the Consumer Price Index's (CPI's) latest inflation reading on Wednesday, Applied Materials (AMAT) earnings on Thursday, and more.