Urgent.News

What's breaking now, across thousands of outlets.

Business

Wall Street: Börsen schwanken zwischen guten Unternehmenszahlen und KI-Sorgen

Die Gründe für die jüngsten Verluste bei KI-Titeln beschäftigen die Wall Street weiterhin. Auch starke Unternehmenszahlen können da wenig beruhigen.

Original German Read in English

Wall Street: Börsen schwanken zwischen guten Unternehmenszahlen und KI-Sorgen

Wall Street has been caught in a tug-of-war between solid company earnings and growing concerns about the AI boom. The focus has once again turned to the financing of AI infrastructure. OpenAI aims to raise approximately $30 billion at a valuation of around $1.4 trillion before Anthropic goes public and the capital market window might become tougher.

At the same time, the South Korean cloud computing provider Elice plunged around 30 percent during its IPO, while Standard & Poor's warns of potentially underestimated debts of hyperscalers.

Even strong demand is not always enough to keep certain stocks afloat. ABB reports 40 percent more orders and a double-digit growth in the data center business, yet the stock remains under pressure. Off-tech sectors show robust numbers, however: General Motors, GE Aerospace, Northrop Grumman, and RTX mostly exceed expectations and lift their outlooks. However, some of these values are still under pressure.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

More from Tuesday 20 October →