AI Investment enthusiasm rebounds; CoreWeave Optimistic outlook boosts European tech stocks
2026-11-11 16:38:00
According to CoinMeta, as oil prices generally decline and the market reignites enthusiasm for artificial intelligence (AI) trading, European stock markets have risen, approaching record highs. Mining stocks led the gains, driven by factors such as lower oil prices and a weaker US dollar. Tech stocks also saw increases, with AI computing power service provider CoreWeave Inc providing optimistic performance forecasts. Market expectations for the listing of AI company Anthropic PBC are also growing. In terms of individual stocks, Siemens Energy rose by 6.5%, with the company stating that driven by a surge in demand for gas turbines and power grid equipment, it expects its profit margin to rise to as high as 22% by 2030. During the turbulent market period over the past week, European stock markets relatively benefited; since last Wednesday's mid-term elections in the United States, the Pan-European Stoxx 600 index has risen by 2%, while the S&P 500 index has fallen by 0.6%. Roger Lee, the head of stock strategy at Cavendish, stated that after the mid-term elections, some skepticism about AI in the market increased, leading to a reversal in capital flows, which has benefited non-US markets.
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Source:Jin10 Data
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