CoreWeave Results Push Stock Market Higher as AI Boom Continues

CoreWeave, which rents out computing power, reported earnings that lifted the S&P 500 (a broad stock-market gauge) 0.26% to 7,748.50 on August 12 — up about 13% this year. Chip and AI-related Asian stocks rose August 13. Investors keep buying companies tied to artificial intelligence, driving gains all year.