KGWV · U.S. MARKET INTELLIGENCE
Kalshi’s annualized revenue has exceeded $4 billion, according to The Information. The company is also discussing a financing round at a $40 billion valuation.
Google, a unit of Alphabet, announced Tuesday that it is adding subsea cable routes in the Americas, including one connecting Panama, the Dominican Republic and Chile. Chile is seeking to establish itself as a regional digital hub. The expansion will include t…
OpenAI has granted Amazon Redrock access to Daybreak.
CoreWeave’s chief financial officer said the company’s July price increases applied across its product specifications and amounted to about 25% overall, in response to current market demand. The company is passing along higher component costs, the CFO said. Th…
At the close of trading in New York on Tuesday, Aug. 11, S&P 500 futures settled down 0.29%, Dow futures fell 0.34% and Nasdaq-100 futures declined 0.28%. Russell 2000 futures rose 0.35%.
CoreWeave’s after-hours gain widened to 16%. The company’s CEO said customer contracts signed in the second quarter are expected to generate profit margins 5 to 10 percentage points higher than those on new contracts signed in recent quarters.
The MSCI Emerging Markets Stock Index fell 0.3%, while the currency index declined 0.1%.
CoreWeave reported second-quarter revenue of $2.58 billion, compared with analysts’ expectation of $2.56 billion. The company posted a second-quarter net loss of $626 million, narrower than analysts’ expected loss of $757.1 million. Adjusted EBITDA was $1.51 b…
U.S. industry ETFs finished mixed Tuesday. The Internet stock index ETF fell 0.96%, the consumer discretionary ETF declined 0.36%, and the technology sector ETF slipped 0.12%. The semiconductor ETF rose 0.62%, the global airline industry ETF gained 0.83%, and…
CoreWeave reported second-quarter revenue of $2.58 billion, compared with market expectations of $2.56 billion. The company reported a second-quarter net loss of $626 million, versus an expected loss of $757.1 million. As of June 30, 2026, CoreWeave's total co…