U.S. stocks on the move: CoreWeave, Mercury Systems, Talen Energy
CRWV•S&P 500 and Nasdaq 100 futures bounced back after CoreWeave's strong results eased concerns about excessive AI spending. Mercury Systems rose after J.P. Morgan upgraded its rating, while Talen Energy gained on a long-term capacity sale deal.
1. Stocks move higher
S&P 500 and Nasdaq 100 futures bounced back on Wednesday after CoreWeave's strong results helped investors look past fears of excessive AI spending. CoreWeave shares jumped after third-quarter revenue beat expectations, and the company targeted profitability in 2028. Mercury Systems rose after J.P. Morgan raised its rating to overweight, while Talen Energy gained on a long-term capacity sale deal.
