CoreWeave top executive said renewals in 2027, at current pricing, would add nearly $4 bln of annual incremental revenue without requiring any additional capex.

According to The New York Times, a confidential KPMG report shows the US government received more than $12 bln in the first nine months of this year from exports of Venezuelan natural resources and has disbursed the proceeds to relevant departments.

Bank of England deputy governor Sarah Breeden, who oversees financial stability, said on Tuesday the recent repricing of AI-related equity and debt appears orderly and does not pose an immediate risk. The Bank has for months warned that valuations needed adjusting; Breeden said corrections that bring prices closer to economic growth and profitability would be welcome, but the greater concern is that price adjustments could be amplified by market behaviour. The Bank is reviewing private markets broadly, not specifically targeting AI.