CoreWeave shares have tumbled almost 40% from their May highs as debt fears spooked investors. But one analyst believes the selloff has been overblown.
Investors have been fixated on the relative performance of Alphabet’s AI models when they should instead be cheering the company’s cloud potential, an analyst says.
A slowdown in the pace of AI development wouldn’t necessary dent spending, but there are other reasons semiconductor investors may want to take a measured approach.
Apple’s launch event on Wednesday is likely to feature the iPhone 18 and 18 Pro — as well as a foldable iPhone Ultra with a starting price near $2,000.
