CoreWeave reported a 420% rise in revenue in its first quarter as a listed company, the furious rally in US assets has caught big investors off guard, and Nvidia is seeking to build a research and development centre in Shanghai. Plus, the Kurdistan Workers’ party, the militant group that has been in conflict with the Turkish state for more than 40 years, said it would disband.
Mentioned in this podcast:
CoreWeave beats estimates in first results as a listed company
Wall Street’s sudden rebound catches investors ‘offside’
Nvidia plans Shanghai research centre in effort to redesign chips for China
Kurdish militant group PKK says it will disband and end Turkey conflict
Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Sam Giovinco, and Michael Lello. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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