CoreWeave Surges 14% After-Hours on AI Outlook; Super Micro Gains 7%
CoreWeave surged 14% in extended trading after raising its outlook on strong AI demand, and Super Micro Computer jumped over 7% on a robust revenue forecast. Asian stocks were broadly firmer, led by a 1.5% rise in South Korea's KOSPI.
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CoreWeave shares surged 14% in extended trading after the company lifted its outlook, citing strong demand for artificial intelligence services.
Super Micro Computer rallied more than 7% after delivering a revenue forecast that exceeded analyst expectations.
In Asia, stocks were broadly firmer, with South Korea's KOSPI advancing 1.5%. Meanwhile, gold prices pulled back from a two-month high.
Source: First Squawk