Today's rise in US stocks and bitcoin:native is likely due to CoreWeave's earnings report. CoreWeave released its Q3 earnings after the US market closed on Tuesday, reporting revenue of $3.661 billion, more than double the $1.365 billion in the same period last year. Full-year revenue guidance was revised upwards from $12-13 billion to $13-13.3 billion, with a revenue backlog of approximately $132.5 billion. Furthermore, the remaining computing power for 2027 has already been overbooked by about 10 times. Recently, the market's biggest concern was that AI infrastructure expansion relied on borrowing, which could lead to difficulties in repaying debts if demand slowed. CoreWeave's earnings report reassured the market, as the company also expects to receive approximately $9 billion in customer prepayments and deposits over the next three months, meaning expansion won't rely entirely on borrowing. Although the quarter still saw a net loss of $709 million and interest expenses of $846 million, investors at least saw revenue keeping pace with investment. Therefore, on Wednesday, CoreWeave closed up approximately 24.7%, the Philadelphia Semiconductor Index rose approximately 5.7%, Micron rose approximately 11.9%, Sandisk rose approximately 13.7%, AMD rose approximately 7.3%, and Nvidia, after two consecutive days of decline, also rebounded by approximately 2.9%. The Nasdaq closed up approximately 1.6%, the S&P 500 rose approximately 1.3%, and the Dow Jones rose approximately 0.5%. However, Tuesday's higher-than-expected CPI and the return of the 10-year US Treasury yield to above 5% at one point, coupled with market betting on a rate hike next month, made the rebound in tech stocks even more significant, highlighting the impact of earnings reports. Bitcoin continues to maintain a certain correlation with tech stocks. Although CoreWeave's earnings report did not immediately impact the market, the rise in tech and AI stocks after the US stock market opened that evening also fueled the rise in bitcoin:native. It can be seen that the rise in BTC and the opening of the US stock market were almost synchronized. A @Gate account for more market information.