CoreWeave, Cisco and a CPI report with no annual rate: what to watch in the week of Nov. 9
CoreWeave, Cisco, Applied Materials, and others report earnings this week. CoreWeave guided to $3.45-3.6B Q3 revenue and $11.5-13.5B capex. Cisco expects $18.0-18.2B revenue. October CPI data is due Tuesday, with economists expecting 0.3% rise. Fed hike odds at 80% for December meeting. Rocket Lab, AST SpaceMobile, and Plug Power also report Monday.
How this was made
The 30-second read
Why it matters
New guidance for CoreWeave, Cisco, Applied Materials, and Cerebras provides fresh data that can shift investor expectations and price action.
Market read
Guidance updates for key AI infrastructure players could drive sector momentum and affect related stocks.
What to watch
Rising bond yields and interest expense for CoreWeave may offset revenue upside.
Background
The article previews earnings and guidance for several AI‑related companies during the week of Nov 9, highlighting revenue and capex expectations.
Ticker impact
CoreWeave guided Q3 revenue to $3.45‑3.6B and capex to $11.5‑13.5B, new guidance released after its Q2 earnings.
likely upside as investors price higher revenue and capex outlook
The guidance range exceeds consensus, and the bond yield spike shows market attention to financing risk.
Cisco forecast FY revenue $18.0‑18.2B, citing AI infrastructure orders, new guidance ahead of its Thursday report.
potential upward pressure pending market digestion of AI demand
AI order visibility and a $7.5B FY27 AI revenue target signal growth momentum.
Applied Materials guided Q4 revenue to $10.25B ± $0.5B, higher than last year, disclosed in the weekly preview.
likely modest upside as memory‑chip demand supports earnings
Guidance reflects strong DRAM and HBM tool demand, but market may price in already.
Cerebras projected Q3 core revenue $214‑216M and noted $25.4B of performance obligations, new guidance released.
upward pressure as investors view growing wafer‑scale chip demand
Revenue guidance and large backlog suggest expanding market share.
Market effects
AI‑related hardware and cloud providers may see broader demand, supporting the semiconductor and AI‑infrastructure sectors.
U.S. tech stocks could benefit as guidance lifts sentiment across the sector.
Guidance from major AI players may influence global AI‑hardware supply chains.
Counterpoint
High capex guidance could strain cash flow and increase financing risk, prompting a sell‑off.
Key entities
- companyCoreWeave
AI cloud provider issuing Q3 guidance.
- companyCisco
Networking giant forecasting FY revenue with AI focus.
- companyApplied Materials
Semiconductor equipment maker giving Q4 revenue outlook.
- companyCerebras
Wafer‑scale chip maker projecting Q3 core revenue.
