Last updated: 21:25 11 Nov 2026 GMT, First published: 12:07 11 Nov 2026 GMT
4:20pm: AI confidence returns
US stocks finished higher on Wednesday, with technology shares leading the recovery as strong results from CoreWeave helped restore investor confidence in the artificial intelligence trade.
The Nasdaq climbed 1.6%, adding 400 points to close at 25,466, while the S&P 500 gained 98 points, or 1.3%, to 7,619. The Dow Jones rose 255 points, or 0.5%, to finish at 52,486.
The rally offered some relief after Tuesday’s sell-off, which followed hotter-than-expected inflation data and renewed concerns about the outlook for interest rates.
This time, the focus was back on AI, with cloud computing provider CoreWeave providing a lift to sentiment after reporting strong quarterly results and raising its revenue guidance.
The upbeat outlook helped ease some concerns about the pace of spending on AI infrastructure and sparked a broader recovery across technology stocks.
Chipmakers were among the beneficiaries, with Nvidia bouncing back from several sessions of losses as investors returned to the sector.
The gains suggest that despite recent volatility, appetite for AI-related stocks remains strong, although questions around valuations, capital spending and the returns on massive infrastructure investments are unlikely to disappear.
3:45pm: Small cap wrap
- TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) has agreed to a $122 million takeover by Altius Minerals, with shareholders also set to receive shares in a new company holding its Shotgun Gold Project in Alaska.
- Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID) has secured US patent protection for technology designed to verify human consent for transactions initiated by agentic AI systems, with the product ready for deployment.
- Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) has signed an exclusive distribution agreement with GrafnoMex to sell its G LUBRICANT graphene engine oil additive across Mexico.
- Kirkland Lake Discoveries Corp (TSX-V:KLDC, OTCQB:KLKLF, FRA:W7M) is targeting the broader scale of its Mirado West gold discovery in Ontario's Abitibi region, where high-grade intercepts and wider zones of lower-grade mineralization could point to a larger mineralized system.
- Custom Health Holdings Inc (TSX:CHLT) has launched a financing of up to C$22 million through a marketed public offering and private placement to fund acquisitions and reduce debt.
- Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) has raised its full-year 2026 guidance after strong third-quarter cash generation helped reduce debt and support another quarterly dividend, with reliable Nigerian production and lower capital spending underpinning the improved outlook.
2:45pm:Market movers
- CoreWeave Inc shares jumped 26% as stronger-than-expected third-quarter results reinforced expectations of robust demand for AI computing capacity, lifting other AI infrastructure and semiconductor stocks.
- Rigetti Computing Inc shares recovered in pre-market trading as a broader technology rally offset disappointment over third-quarter revenue and earnings that missed analyst expectations.
- TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) has agreed to a $122 million takeover by Altius Minerals, with shareholders also set to receive shares in a new company holding its Shotgun Gold Project in Alaska.
- Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID) has secured US patent protection for technology designed to verify human consent for transactions initiated by agentic AI systems, with the product ready for deployment.
- Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) has signed an exclusive distribution agreement with GrafnoMex to sell its G LUBRICANT graphene engine oil additive in Mexico.
- BrightView Holdings Inc shares fell 16% after the landscaping services company missed fourth-quarter earnings and revenue expectations and issued weaker-than-expected guidance.
2:00pm: Oil prices gain
“The rout in oil is over for now, but it looks like Trump has opted to leave the status quo intact in the region rather than go for either risky but potentially unproductive action or a deal that is bound to make him look weak," said Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG.
"This leaves oil prices in something of a limbo, but a full return to the lows pre-March still seems a pipe dream given the drumbeat of attacks in the region.”
1:00pm: AI stocks boosted by CoreWeave
AI infrastructure stocks rallied on Wednesday after better-than-expected results from CoreWeave reinforced expectations that demand for computing power is continuing to outpace available supply.
CoreWeave (NASDAQ:CRWV)) shares jumped 26%, while fellow AI cloud provider Nebius Group (NASDAQ:NBIS)) gained 18%. Semiconductor stocks also moved higher, with Micron Technology Inc (NASDAQ:MU) (Micron Technology Inc (NASDAQ:MU)) up 14%, Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) (Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD), Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD)) rising 8% and Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) (Broadcom Inc (NASDAQ:AVGO, XETRA:1YD), Broadcom Inc (NASDAQ:AVGO, XETRA:1YD)) adding 7%.
The gains followed a strong third-quarter performance from CoreWeave, which reported revenue of US$3.66 billion, up 168% year over year and ahead of analyst expectations. The company also raised its full-year 2026 revenue outlook to between US$13 billion and US$13.3 billion, from a previous range of US$12.4 billion to US$13.2 billion.
12:15pm: FTSE in the green
The FTSE 100 index maintained its gains on Wednesday, closing at 1,835 points or 0.8% higher on the day.
Patrick Munnelly, partner at Tickmill, noted a broad recovery across energy majors and mining heavyweights as crude oil and bullion prices staged a rebound.
"The advance snapped a multi-day slide for commodity producers, though upside momentum remained capped as market participants balanced fresh macroeconomic forecasts showing persistent inflation against caution ahead of Thursday's preliminary third-quarter GDP report," Munnelly said.
11:00am: Demand for AI trade still high
US stocks are rebounding after Tuesday’s post-CPI sell-off, led by a more than 2.5% gain in Nvidia, while global bond yields are also recovering.
Fueling this rebound is the sustained demand for AI stocks and enthusiasm over Anthropic's coming IPO, now confirmed for November 18, according to XTB's Kathleen Brooks.
"Demand is so huge that pre-IPO backers have started to market their stakes in the company through special purpose vehicles. This is highly unusual, and seems to be linked to big AI IPOs, with the same thing happening for SpaceX," Brooks said.
"These developments suggest that Anthropic’s IPO will be well-received, but what happens after that? SpaceX’s share price is still below its all-time high, and it’s worth noting that major IPOs tend to have a mixed stock market performance even after a stunning debut, this also happened to Meta."
10:00 am ET: Nasdaq soars
Wall Street opened higher on Wednesday, led by technology stocks, as CoreWeave’s upbeat outlook and strong demand for Anthropic’s IPO revived investor optimism about artificial intelligence (AI).
Bloomberg reported the Anthropic IPO has attracted orders several times greater than the number of shares on offer, according to people familiar with the matter, as demand builds for what could become the largest stock market debut on record.
Anthropic launched its IPO roadshow on 10 November, with the shares expected to begin trading on Nasdaq on 19 November.
Tech stocks are staging a major comeback after yesterday's sell-off with regular trading proceeding on Wednesday as normal despite the Veterans Day federal holiday.
At the opening bell, the Dow Jones Industrial Average edged up 27.13p, or 0.05%, to 52,259.02, while the S&P 500 gained 73.02p, or 0.97%, to 7,593.95, and the Nasdaq Composite advanced 385.17p, or 1.54%, to 25,451.05.
AI and semiconductor stocks were higher in US trading, led by CoreWeave, which surged 14.09% to $55.60 in early trading.
Nvidia gained 1.62% to $171.63, while AMD advanced 2.18% to $526.43, extending gains across the technology sector.
The FTSE 100 was up 51.85p, or 0.48%, to 10,803.44 at 2: 44 pm GMT, extending gains in London as blue-chip stocks maintained their positive momentum.
Government bond markets in parts of the world fell sharply on Wednesday as stronger-than-expected US inflation and hawkish Federal Reserve comments fuelled concerns that interest rates could rise by half a percentage point next month, pushing government bond yields higher across major markets.
Gold prices steadied on Wednesday after a sharp fall in the previous session, rising 0.18%, or $7.19, to $4,030.07 an ounce, as firm physical demand helped offset concerns that persistent inflation could prompt further US Federal Reserve interest-rate increases.
Brent crude futures for January 2027 were up 1.37%, or $1.25, to $92.74 a barrel as renewed attacks on oil tankers in the Strait of Hormuz heightened concerns about supply disruptions, offsetting hopes of a de-escalation in the US-Iran conflict.
9:00 am ET: Best of the brokers
Taylor Wimpey PLC (LSE:TW.) (LSE: TW.) lowered full-year guidance, increasing pressure on profitability amid subdued demand. Peel Hunt maintained its 'hold' rating and 80p target price.
Fuller Smith & Turner PLC (AIM:FSTA) (AIM: FSTA) reported strong first-half trading, prompting Peel Hunt to raise its target price. Peel Hunt reiterated its 'add' rating and increased its target from 800p to 900p, while Shore Capital maintained a 'buy' rating with a 1,000p target, signalling potential forecast upgrades.
London's blue-chip index remains firmly in positive territory, with strength in industrial and commodity-linked stocks outweighing losses among retailers, consumer companies and selected other constituents.
The FTSE 100 was up 45.13p, or 0.42%, at 10,796.72 at about 1:53 pm GMT.
Spirax Group climbed 3.94% to 7,645p, leading the blue-chip gainers.
Polar Capital Technology rose 3.26% to 586p.
BP gained 2.95% to 568.5p, while Ithaca Energy rose 2.23% to 256.2p.
Antofagasta gained 2.13% to 3,303p, while Glencore advanced 2.02% to 514.8p.
JD Sports Fashion fell 2.03% to 95.62p, the biggest decline.
Babcock International dropped 1.70% to 1,044p.
3i Group declined 1.60% to 2,523p, while Barratt Redrow fell 1.52% to 323.4p.
GSK slipped 1.28% to 1,892.5p and Investec fell 1.16% to 637p.
Burberry lost 1% to 1,091p, while Kingfisher fell 0.85% and Associated British Foods declined 0.75%.
8:00 am ET: Footsie in black
The FTSE 100 was up over 42p, or 0.40%, to 10,794.47 at 12:44 pm GMT, extending its gains and signalling a positive session for London's blue-chip stocks.
US stock futures rose on Wednesday, led by a 1.91% gain in Nasdaq 100 E-minis, as investors welcomed strong results from CoreWeave and reassessed concerns about heavy artificial intelligence (AI) spending.
US pre-market trading showed a strong rally in AI and semiconductor stocks, with CoreWeave leading gains after its results helped ease concerns.
CoreWeave shares jumped 15% in pre-market trading after strong revenue growth eased concerns about its heavy spending and borrowing, with the company signalling a shift away from debt-funded expansion.
Nvidia was up 3.72% to $175.18, recovering some ground after its recent losses, while AMD gained 6.47% to $548.55.
Intel climbed 6.33% to $61.81, Micron advanced 6.75% to $774.07 and Marvell Technology added 8.21% to $167.06.
AI infrastructure and optical technology stocks also rallied: IREN rose 7.15%, Applied Optoelectronics gained 7.08%, Coherent advanced 9.01% and Lumentum climbed 8.90%.
At 7:38 am ET, S&P 500 E-minis was up 0.87%, or 66p, to 7,610.25.
Nasdaq 100 E-minis gained 1.91%, or 532.50p, to 28,367.75.
Dow E-minis edged up 0.11%, or 57p, to 52,372.
In a rare move, Baird downgraded Nvidia to 'neutral' from 'outperform' and slashed its price target by 60% to $200 from $500, citing concerns over slowing AI spending, supply constraints and uncertainty surrounding chief executive Jensen Huang’s future.
The broker expects spending growth by major cloud companies to slow to 40% or less in 2027, while warning that 10% to 30% of channel orders could face cuts.
It also flagged the risk of delays to data centre growth forecasts as demand softens and supply constraints persist.
Cryptocurrency prices were broadly lower on Wednesday, with Bitcoin slipping below $74,000 and major digital assets extending their losses.
Ethereum (ETH) dropped 2.03% to $2,054.93, recording the steepest decline among the major cryptocurrencies shown.
EasyJet shareholders have approved the budget airline’s £5.7 billion takeover by Apollo, clearing a key hurdle in one of Europe’s biggest private-equity buyouts of an airline.
The deal brings it closer to ending over 25 years of EasyJet’s London listing, with completion targeted before the end of the first quarter of next year, although EU regulatory scrutiny remains.
EasyJet shares slipped 0.14% to 689.6p, despite shareholders approving the airline's takeover.
Brent crude futures for January 2027 rose 2.09%, or $1.91, to $93.40 a barrel, extending gains as escalating US-Iran tensions and continued attacks on shipping in the Strait of Hormuz heightened concerns about disruption to global oil supplies.
12 noon GMT: London stocks continue up
The FTSE 100 and FTSE 250 were both higher, with gains across large and mid-cap stocks pointing to a broadly positive session in London.
At 11:47 am GMT, the footsie was up 41p, or 0.38%, to 10,792.71.
The FTSE 250 gained 86p, or 0.35%, to 24,832.96.
US stock futures rebounded early Wednesday, with strong results from embattled cloud computing company CoreWeave helping investors look past concerns about excessive spending on artificial intelligence.
Brent crude, the global benchmark, rose in late-morning trading, as continued attacks on shipping in the Strait of Hormuz tempered hopes of an easing in the Iran conflict and kept investors cautious.
Brent crude futures for January 2027 were up 1.41%, or $1.29, to $92.78 a barrel.
11:00 am GMT: Small-cap round up
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) (Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF), Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF)) plans to raise about £5 million to fund operations until around early June 2027, giving the oil and gas developer more time to secure a partner for its projects on Alaska’s North Slope.
Electronics group Solid State PLC (AIM:SOLI) (Solid State PLC (AIM:SOLI)) has secured a $26.2 million follow-on order for the UK Ministry of Defence under Project CAIN through its subsidiary Steatite.
Quadrise PLC (AIM:QED) (Quadrise PLC (AIM:QED)) told investors it will continue to buy emulsifiers from Nouryon for its fuel trials on an order-by-order basis after the companies let their exclusive global agreement expire on 31 October.
European stock markets were broadly higher on Wednesday, with Germany's DAX leading the gains, while London's FTSE 100 advanced at a more modest pace.
The DAX climbed 211p, or 0.80%, to 26,558.63, outperforming its major European peers.
London's FTSE 100 was up 37p, or 0.35%, to 10,789.40, while France's CAC 40 gained 35p, or 0.43%, to 8,314.29.
The Stoxx 600 advanced over 2p, or 0.37%, to 660.78, indicating a broadly positive session across European equities.
10.00 am GMT: Spirax tops FTSE 100
Spirax Group led the FTSE 100 at 10.00 am GMT, rising 3.9% to 7,640p after the industrial engineering group said trading momentum had strengthened in recent months.
Organic sales growth and adjusted operating profit margins for the first 10 months of 2026 were ahead of first-half levels and in line with expectations.
The company maintained guidance for mid-single-digit organic revenue growth this year and an adjusted operating margin above the 20% achieved in 2025.
Net borrowings excluding leases also fell to £542 million at the end of October from £618 million at the end of June.
9.00 am GMT: FTSE holds gains
The FTSE 100 remained firmly higher at 10,811, up 0.6%, after touching an intraday high of 10,842 as commodity and industrial stocks continued to support London.
Spirax Group led the blue-chip risers, gaining around 4.4%, followed by Intermediate Capital Group, Antofagasta, Anglo American and Glencore.
The resource-heavy index continued to benefit from the rebound in oil and metals, helping offset concerns over higher global bond yields following stronger-than-expected US inflation.
The FTSE 250 was 0.5% higher at 24,863, with Meridian Mining up 5.6% and ASOS nearly 5% higher.
Among the mid-cap fallers, ITV lost around 3.7% after warning of weaker advertising demand, while Taylor Wimpey fell 2.3% after cutting its 2026 completions outlook.
8.15 am GMT: Miners lift London
The FTSE 100 jumped 88 points, or 0.8%, to 10,839 shortly after the open on Wednesday as recovering crude oil and commodity prices lifted heavyweight resource stocks.
Antofagasta led the blue-chip gainers with a rise of almost 4%, while Anglo American and Glencore advanced around 3% as the commodity complex rebounded.
The FTSE 250 was 80 points, or 0.3%, higher at 24,827.
London’s gains came despite pressure across global bond markets following hotter US inflation, which strengthened expectations of another Federal Reserve rate increase.
Attention is also turning to Thursday’s UK third-quarter GDP and industrial production figures, which could reshape expectations for the Bank of England policy outlook.
7.00 am GMT: London eyes strong start
The FTSE 100 is set to rebound on Wednesday, with IG indicating the index around 10,834, roughly 80 points above Tuesday’s close of 10,751.59.
London stocks surrendered an earlier rally on Tuesday after hotter US inflation pushed Treasury yields higher, with the FTSE 100 falling 31 points despite reaching 10,869 intraday.
Wall Street followed lower, as the S&P 500 lost 0.4%, Nasdaq 0.7% and Dow 0.3% after October consumer prices rose 0.4%, above forecasts, strengthening expectations of another Federal Reserve rate increase in December.
Asian markets proved more resilient, led by AI and semiconductor stocks, with Taiwan up more than 2%, South Korea around 1.6% higher and Japan gaining 0.8%.
Australia’s ASX 200 closed 0.3% higher at 9,153.2, while Hong Kong remained weaker.
Brent crude held around US$92 a barrel after its recent sharp retreat, while gold traded near US$4,040 an ounce.
In London, investors will watch updates from Intermediate Capital Group, Taylor Wimpey, ITV and Spirax Group.
Bitcoin has fallen below US$74,000 as hotter-than-expected US inflation revived fears of another Federal Reserve rate hike and triggered a broad sell-off across cryptocurrency markets.