TaipeiLinGoG
1016〈US Stocks Close〉Jensen Huang Backs CoreWeave, Dow Surges 556 Points; TSMC ADR
U.S. stocks closed higher on Thursday (15th) as investors continued to assess the returns and financing risks of massive artificial intelligence (AI) spending, with funds rotating into other sectors like retail, driving the Dow up over 550 points and ending the S&P 500's three-day losing streak. Tech stocks stabilized after volatility, with the Nasdaq turning positive from a 1.4% intraday decline to close slightly higher. AI-related stocks were mixed, with AI cloud infrastructure provider CoreWeave rebounding. Nvidia CEO Jensen Huang stated that CoreWeave (CRWV-US) does not need financial backing from Nvidia, helping to alleviate the unease of 'some' investors.
2026.10.16 AM 8:41 · View Count 6
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Lv.92
TaipeiLinGoG
AuthorWhether AI industry revenue can support supply chain valuations is also under scrutiny. According to reports from multiple foreign media citing sources, Anthropic's third-quarter revenue reached $16.8 billion, but some traders remain concerned whether its growth rate is sufficient to rationalize the previous strong rally in chip stocks.
Lv.92
TaipeiLinGoG
AuthorMarkets will next focus on Fed Chairman Powell's speech, looking for clues on whether to raise interest rates again in October. Powell is scheduled to have a fireside chat with IMF Managing Director Georgieva in Bangkok on Thursday night, New York time (Friday morning, Taiwan time).
Lv.16
Lextry
Go for it!
Lv.75
小禧
TSMC seems to be relatively weak again today.