Metaverse Convergence (META) news

Updated version 2 - Driven by the surge in demand for AI servers, Super Micro Computer’s quarterly revenue soared.

Update: Dow Rebounds After Two-Day Decline Amid Solid Earnings

Sector Update: Tech Stocks Mixed Late Afternoon

Sector Update: Tech

Bitcoin rises to $83,000, stocks and oil swing as US earnings beat forecasts

Market Chatter: Meta Chief Global Affairs Officer Joel Kaplan Leaving in 2027

Meta President Dina Powell McCormick will be responsible for external affairs

Joel Kaplan will leave Meta Platforms (META.US) after serving as policy chief for 15 years

Nasdaq falls 0.37% at US stock market opening, XPeng Group rises 3.69%

CoreWeave bond plunge rings alarm bells, Fed may need to reassess rate hike pace

CoreWeave bond yields once surged to 15%, with junk-grade and investment-grade yields reaching their highest levels since 2025 and 2023, respectively. According to a Bloomberg column, as the 2028 high-yield debt maturity peak approaches, a disorderly widening of credit spreads could trigger a wave of defaults and rising unemployment. The Federal Reserve should stay put at its October meeting, maintaining the interest rate range at 3.75% to 4%, and prudently weigh its decision for December.

From Metaverse to Muse: Bernstein says Meta (META.US) sees a “full return” to bullish logic, Muse expected to unlock “endless” development opportunities

Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; CoreWeave, Nebius Group to Decline

Preview - Meta's AI spending and the adoption of the Muse assistant become the focus of the quarterly financial report

CoreWeave Credit Crisis Resembles the 2023 SVB Panic More Than the 2008 Subprime Mortgage Crisis?

The key issue now is not whether CoreWeave will collapse, but whether compute pricing can support the financing logic of this cycle. The answer to this question will determine the eventual outcome of this panic.

Meta (META) Q3 Earnings Preview: Monetization and Cash Flow Test Under Massive AI Spending

Chip Stocks Lost $2 Trillion in 8 Days, Testing Investor Faith in the AI Boom

Asian stock markets collectively declined, South Korean stocks plunged 4.5%, Japanese stocks fell over 1%, and SK Hynix dropped 7%.

All major stock indices in South Korea fell by more than 4%, leading declines in Asia-Pacific markets. SK Hynix plunged over 7%, approaching its lowest point since April. Samsung Electronics fell by more than 3%. The Nikkei 225 dropped 1%, and the TOPIX fell by about 0.9%. SoftBank Group plummeted 6.34%. The MSCI Asia-Pacific Index dropped by about 1%, with eight out of eleven sub-industries recording losses; the number of declining stocks was roughly three times that of advancing stocks. Gold extended its overnight losses, falling another 0.34%.

Deja vu? After another blow to the "AI stock god," AI trading sees a rebound

Goldman Sachs has upgraded CoreWeave’s rating, with several analysts expressing strong support for its fundamentals, alleviating fears of "AI capital expenditure peaking." The Philadelphia Semiconductor Index ended its eight-day losing streak and closed up 1.6%. Previously, "AI stock guru" Aschenbrenner suffered severe losses again, with the average decline of his top seven holdings reaching 18.3%.

GLOBAL MARKETS-Asian shares tumble, oil rises as markets await AI sector results

Wall Street collectively rushes to "extinguish panic" over CoreWeave: Don't use one company to negate the entire AI cycle!

Barclays pointed out that CoreWeave's approximately $1.5 billion unsecured bonds account for a very small portion of its total $35 billion debt, yet the market is treating them as a barometer for the entire AI capital expenditure cycle. This is similar to how, during the 2023 Silicon Valley Bank crisis, the $4 billion regional bank ETF was used to predict a U.S. recession. Goldman Sachs believes that the market is using the wrong benchmark, noting that unsecured bonds do not represent the real incremental financing cost. JPMorgan states that banks' exposure is secured and the risks are controllable.

Katie Stockton Names 3 Warning Signs That Could Deepen the Stock Selloff

Nasdaq Stocks Could Crash 30% If This Happens, Experts Warn

S&P Global warns: AI-related liabilities of US tech giants may exceed known scale

Mark Habib, Head of Global Digital Infrastructure at S&P Global, stated that U.S. hyperscale cloud service providers may have a large amount of undisclosed AI-related debt, primarily stemming from their implicit guarantees for data center construction or for small and medium-sized AI companies. The greatest risk to the ratings of hyperscale cloud providers lies in whether expected profitability can be realized as anticipated. Currently, there is no pressure for rating adjustments, but if current spending levels are deemed unsustainable in the future, rating positions may change accordingly.

Jio IPO GMP Today: ₹250 Premium Signals 22% Listing Gain As India’s Biggest IPO Opens For Anchors

Fitch Highlights Risk of U.S. Sovereign Rating Downgrade as Developed Markets' Debt Interest Surpasses $3.3 Trillion

In fiscal year 2026, the U.S. federal budget deficit reached $1.99 trillion, a 12% increase year-on-year, with net interest expenses hitting a record high of over $1.05 trillion. Fitch Ratings has warned that if the federal deficit, interest expenditure as a share of revenue, and the government debt-to-GDP ratio continue to deteriorate, and there is no credible fiscal adjustment plan, the U.S. sovereign rating will face downward pressure. France and the United Kingdom are under similar strain.

Ameriprise warns AI spending outpaces revenue growth ahead of hyperscaler earnings

What's Moving Markets Today? -- WSJ

S&P Global warns that the debt tied to artificial intelligence among top hyperscale cloud service providers may be even larger than currently known.

Oppenheimer Lifts S&P 500 Full-Year Earnings Growth Outlook

Updated version 1 - Amazon stated that its artificial intelligence chips will support mainstream programming languages, thus challenging Nvidia.