CoreWeave reported a 420% rise in revenue in its first quarter as a listed company and the furious rally in US assets has caught big investors off guard. Plus, the Kurdistan Workers’ party, the militant group that has been in conflict with the Turkish state for more than 40 years, said it would disband. 

Note: This episode has been edited from its original version to remove an incorrect segment.

Mentioned in this podcast:

CoreWeave beats estimates in first results as a listed company

Wall Street’s sudden rebound catches investors ‘offside’

Kurdish militant group PKK says it will disband and end Turkey conflict

Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Sam Giovinco, and Michael Lello. Topher Forhecz is the FT’s acting co-head of audio. The show’s theme song is by Metaphor Music.

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