Caroline Hepker

and Iran have faced deadlock over nuclear activity, with the U.S.

building facilities

military forces in the region and Iran refusing to allow its highly enriched uranium to be moved out of the country.

Shares in Corweave fell as much as 13% in late trading after it reported a bigger than expected loss and increased capital expenditure that alarmed investors.

The AI data centre operator reported its losses had widened to 89 cents per share in the fourth quarter, more than analysts expected.

Corweave has been raising billions to plough into new infrastructure, but some investors are starting to look cautiously at the amount of capital spending in the AI space.

I'm Caroline Hepka and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Caroline Hepker.

Investors have been left unimpressed by the latest blowout earnings forecast from Nvidia.

The dominant maker of AI chips says that its revenue in the current quarter will be about $78 billion.

That's well ahead of the almost $73 billion that analysts had expected.

However, that wasn't enough to excite markets with shares little changed in post-market trading.

Daniel Newman is CEO of technology research firm the Futurum

Newman's assessment comes as Salesforce delivered a lukewarm sales outlook that also failed to impress investors.

The software giant has become a poster child for what's been dubbed the AI scare trade.

Salesforce's shares have dropped about 37% in the past year, as investors fear that AI will make it easier to build competing products.

Now to earnings news this morning.

The London Stock Exchange Group has unveiled a new £3 billion share buyback as it announced its latest results.

El Seg reported total income for the full year of £8.99 billion, meeting average analyst estimates.