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The Marked Chart Wire · Tech and AI
CoreWeave
HSBC maintains a Reduce rating on CoreWeave with a $39 price target, citing returns below borrowing costs. The bank estimates an 8.9 percent return on invested capital through 2030.
AI Spending
Nvidia CEO Jensen Huang said capital demand outstrips supply for AI infrastructure, though he expects the shortage to resolve. Goldman Sachs estimates AI spending will reach $7.6 trillion from 2026 to 2031.
Oracle AI
Oracle pledged $1 billion over four years to back its partner network. The funds will cover training, technical support and cloud migration for systems integrators and software vendors.
OpenAI
OpenAI is reportedly closing a $30 billion financing round valued at $1.25 trillion before new capital. UAE backers and Coatue lead the deal, which supports a planned 2027 public listing.
CoreWeave
Blackstone COO Jon Gray said CoreWeave can navigate its roughly $51.6 billion debt load because AI compute demand remains strong and prices have risen 50 percent. He expects a solid fourth quarter and 2027 despite elevated loan expenses.
CoreWeave
Bank of America maintained a buy rating on CoreWeave with a $140 price target, citing $129 billion in contracted demand. The bank warned the company needs about $20 billion in financing and expects third-quarter capital spending to reach $12.5 billion.
AI Cloud Funding
Nvidia CEO Jensen Huang said strong demand for AI computing is held back by capital shortages at emerging cloud providers. He expects the financing gap to narrow and pledged nearly $10 billion to Europe's AI ecosystem.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.