Stocks gain as CoreWeave reignites AI trade | live
By Danilo Masoni and Stella Qiu MILAN/SYDNEY, Nov 11 (Reuters) - Stocks rose on Wednesday as investors looked past mounting expectations of further Federal Reserve interest rate rises and focused on a renewed wave of AI optimism after strong results from AI infrastructure firm CoreWeave. European shares rose, lifting the pan-European STOXX 600 0.4% by 0924 GMT and leaving it within striking distance of its August record high, while technology stocks led gains across Asia.
By Danilo Masoni and Stella Qiu MILAN/SYDNEY, Nov 11 (Reuters) - Stocks rose on Wednesday as investors looked past mounting expectations of further Federal Reserve interest rate rises and focused on a renewed wave of AI optimism after strong results from AI infrastructure firm CoreWeave. European shares rose, lifting the pan-European STOXX 600 0.4% by 0924 GMT and leaving it within striking distance of its August record high, while technology stocks led gains across Asia.
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