Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025.<\/p>\n
Brendan McDermid | Reuters<\/p>\n
Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia<\/a> jumped 5.8%, Broadcom<\/a> advanced 2.6% and Microsoft<\/a> climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011.<\/p>\n Market watchers are hoping that another historically long streak \u2014 the U.S. government shutdown \u2014 could soon be snapped as well. The U.S. Senate has voted in favor for a deal to reopen the government, though it still has to pass through the House and then be signed into law by President Donald Trump (who has already given it his approval<\/a>).<\/p>\n That’s not to say worries about AI’s high valuations<\/a> have gone away completely.<\/p>\n CoreWeave<\/a> on Monday reported its third-quarter earnings<\/a>. It rents out Nvidia cards to AI-related firms, such as Google<\/a> and Microsoft, a business model that ties it intimately to the AI trade. The company’s revenue swelled 134% year on year, but it still reported a net loss and gave lower-than-expected guidance for this year.<\/p>\n The general shape of those figures \u2014 high revenue and high losses \u2014 broadly reminds one of OpenAI, the industry-leading, money-bleeding startup that kickstarted the AI frenzy. Though it would of course be a stretch to equate the two companies and the factors driving their finances.<\/p>\n Still, Mark Haefele, CIO of UBS’s<\/a> global wealth management, thinks<\/a> “AI-related stocks should drive equity markets.” With the U.S. government shutdown in sight to end (hopefully this doesn’t jinx it), that’s another obstacle surpassed for markets.<\/p>\n What you need to know todayAnd finally…<\/p>\n Russian President Vladimir Putin on October 15, 2025.<\/p>\n Alexander Zemlianichenko | Afp | Getty Images<\/p>\n