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The Zhitong Finance App learned that after a rough week for AI stocks, CoreWeave (CRWV.US) faced a difficult threshold to overcome: when US stocks released their third-quarter earnings report after the market on Tuesday, it had to convince Wall Street that AI transactions were still in place. But the real test was not the performance itself, but how management said “next” — because the midterm election results showed that quite a few voters opposed building data centers close to their own communities.
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The Zhitong Finance App learned that after a rough week for AI stocks, CoreWeave (CRWV.US) faced a difficult threshold to overcome: when US stocks released their third-quarter earnings report after the market on Tuesday, it had to convince Wall Street that AI transactions were still in place. But the real test was not the performance itself, but how management said “next” — because the midterm election results showed that quite a few voters opposed building data centers close to their own communities.
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