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Nvidia-backed CoreWeave's big AI spending spooks investors — and the stock tanks 13%

Photo: Michael M. Santiago (Getty Images) CoreWeave stock tumbled Wednesday following its first earnings report since going public, as the data center company’s growing capital expenditure raised concerns among investors. Shares in the Nvidia-backed (NVDA) company initially dropped more than 13% during after-hours trading, …

EODHD | 16 May 2025

Q1 2025 Codexis Inc Earnings Call

Participants Carrie Mckim; Investor Relations; Codexis Inc Stephen Dilly; Chairman of the Board, President, Chief Executive Officer, Director; Codexis Inc Stefan Lutz; Senior Vice President, Research; Codexis Georgia Erbez; Chief Financial Officer; Codexis Inc Kristen Kluska; Analyst; Cantor Fitzgerald Tycho Peterson; Analyst; Jefferies Allison …

EODHD | 16 May 2025

KINGSFORD AND MILLER LITE REPRISE LAST SUMMER'S SOLD-OUT BEERCOAL

Kingsford charcoal briquets made with real beer are back – this time in stores – for a limited time only OAKLAND, Calif., May 15, 2025 /PRNewswire/ -- Kingsford®, the leader in charcoal grilling, and Miller Lite®, the Original Lite Beer, are heating summer up …

EODHD | 16 May 2025

Franklin Templeton Canada Announces Fee Reductions for Certain Funds

TORONTO, May 15, 2025 /CNW/ - Franklin Templeton Canada today announced fee reductions of up to 70 basis points across multiple series of mutual funds, reflecting its ongoing commitment to offering competitive fees and enhancing value for investors.Franklin Templeton Logo (CNW Group/Franklin Templeton Investments …

EODHD | 16 May 2025

Las Vegas Sands and the Thurgood Marshall College Fund Select 15 HBCU Students for 2025 Immersion in Las Vegas

Sands Hospitality Immersion Program gives students a week-long, behind-the-scenes peek at the Las Vegas hospitality industry to inspire career exploration. LAS VEGAS, May 15, 2025 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) and the Thurgood Marshall College Fund (TMCF) today announced 15 students representing …

EODHD | 16 May 2025

Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures

(Reuters) -U.S. oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela's state-run PDVSA, three sources close to the matter said. Washington in March revoked licenses and …

EODHD | 16 May 2025

French finance minister criticises Sanofi's $20 billion USA investment decision

PARIS (Reuters) -France's finance minister criticised on Thursday a decision by French drugmaker Sanofi to invest at least $20 billion in the United States through to 2030, as France aims to get more companies investing in the country rather than abroad. "It's clear it …

EODHD | 16 May 2025

Why Alibaba Stock Is Sinking Today

Key Points Alibaba reported its latest quarterly earnings, missing big on its top and bottom lines. The company's core business is growing, but more slowly than expected, due mainly to instability in the Chinese economy. 10 stocks we like better than Alibaba Group › …

EODHD | 16 May 2025

Crimson Wine Group Incurs Loss in Q1 as Sales Decline 9% Y/Y

Shares of Crimson Wine Group, Ltd. CWGL have gained 3.1% since reporting results for the first quarter of 2025. This compares with the S&P 500 index’s 3.9% rally over the same time frame. Over the past month, the stock has risen 4.3% compared with …

EODHD | 16 May 2025

Betting all your chips on EVs is a ‘dead end,’ BMW tells shareholders: ‘That should be obvious by now’

BMW's chief executive Oliver Zipse felt his company's reluctance to jump on the EV bandwagon has been vindicated even as he prepares to launch his first of several models underpinned by an platform built from the ground up for EVs. “We took a clear …

EODHD | 16 May 2025