Investors weighed concerns over AI valuations and infrastructure financing on Thursday as U.S. futures pointed in mixed directions.
Pressure also reached Nasdaq futures. CoreWeave’s stock and bonds were in focus. EconoTimes has previously reported on scrutiny of AI-linked stock valuations.
Charles Schwab shares fell after its third-quarter results. Revenue and net interest revenue missed analyst expectations, while adjusted earnings were stronger.
Deutsche Bank raised Walmart to a Buy rating. The bank said inflation could make Walmart’s value proposition more compelling and help it gain market share faster. It also identified automation and a larger role for higher-margin businesses as potential support for the retailer’s margins.
