AI financing and concentration
CoreWeave's chief executive defended revenue concentration among Microsoft and OpenAI after its market debut. Scale AI was separately reported to be targeting a $25 billion valuation in a tender offer.
Mar 29, 2025 · QQQ/SPY Market Review · 5 headlines
AI financing, Tesla protests and tariff escalation shape the weekend
Markets were closed Saturday. News centered on CoreWeave's customer concentration, Scale AI's reported $25 billion tender-offer valuation, worldwide Tesla protests, and reports that Trump would not delay April 2 tariffs while pressing advisers to intensify the measures.
Published
- QQQ
- 0.00%
- SPY
- 0.00%
- QQQ − SPY
- 0.00%
What shaped the session
Tesla brand protests
A global protest day targeted Tesla showrooms and Elon Musk, adding to attention on the company's political exposure and brand risk.
Tariff escalation signals
Trump said the April 2 tariff implementation would not be delayed and dismissed concerns that automakers could raise prices. Another report said he was pressing advisers to intensify tariff measures.
Key news
Loading the full-day price curve…