MarketCatalystAI financing worries, a $1.2 billion Bank of America penalty and analyst downgrades pushed several big names lower at midday, while Berkshire-backed Bending Spoons jumped about 40% and BlackRock rose on record assets.
Semiconductor ETFs fell 3.4% to 3.9% at midday as a hotter-than-expected inflation report pushed the 10-year Treasury yield above 5.3%, on top of China memory worries and a Barclays warning on memory-driven hardware prices.
CoreWeave shares fell about 14% to $66.70 as its 2032 bonds closed at a record 14.5% yield, putting the cost of funding the AI build-out ahead of a $104 billion backlog that still has not produced a GAAP profit.
ASML earned €12.95 a share against €10.60 expected, lifted full-year sales guidance to €44 billion to €45 billion and said customers want more chipmaking machines than it can build in 2027 and 2028.
September CPI ran hotter than expected at 3.7% as futures were mixed, Liquidia jumped more than 40% after settling with United Therapeutics, and Bank of America fell on a record Treasury penalty while BlackRock rose. Plus the rest of this week's calendar & what to watch.
Broad‑market indices slipped, led by a 0.38% drop in the Nasdaq, while soaring oil prices lifted energy stocks. A modest rise in the Greed‑driven sentiment score (67/100) masked thin market breadth an