Market Movers: Meta Hits Record High, CoreWeave Tumbles, Nordic Semiconductor Surges
Meta Platforms (META) traded today at $790, up +3.15%. Strong growth in the AI and metaverse sectors is pushing its market cap to new highs.
CoreWeave beat revenue expectations with $1.21B, but shares fell sharply due to widening losses and concerns over its upcoming IPO lock-up expiration.
Nordic Semiconductor posted 28% revenue growth in Q2, sending shares up ~14% to a two-year high.
Cava Group (CAVA) closed at $84.50, up +2.71%. However, its reduced guidance has kept market sentiment cautious.
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