Bernstein starts CoreWeave coverage with Underperform rating and $56 target, warning hyperscalers like AWS, Azure, and Google will compete aggressively in GPU cloud and erode CoreWeave’s edge.
BofA reinstates coverage with Buy ratings on Visa, Mastercard, Block, Affirm, Klarna — Neutral on PayPal.
JD.com posts modest Q4 revenue growth but swings to a loss due to competition and new investments; announces dividend and buybacks in tough China market.
The Trade Desk stock jumped over 18% in premarket after reports of early talks with OpenAI to power ChatGPT ads. A major boost as OpenAI targets $17B revenue with 910M users.
StubHub posts $535M Q4 loss and misses forecasts as revenue falls to $449M. Shares drop after weak outlook despite AI strategy.
Short-seller Jim Chanos questions IREN Ltd.'s huge $6 billion stock sale plan, highlighting lack of info on current revenue goals amid big expansion.
