Home / Business and Economy / Senate Passes Bill to End Longest U.S. Government Shutdown
Senate Passes Bill to End Longest U.S. Government Shutdown
13 Nov
Summary
- Senate passes legislation to fund government through January
- CoreWeave shares plunge after missing 2025 revenue projections
- AMD to provide AI updates at upcoming financial analyst event
In a significant development, the U.S. Senate has passed legislation that could bring an end to the longest government shutdown in the country's history. The bill, which was approved in a 60-40 vote, would fund the government through January and now heads to the House of Representatives for a vote.
Elsewhere, shares of cloud computing company CoreWeave (CRWV) are tumbling in pre-market trading after the Nvidia partner issued disappointing guidance for 2025 revenue. While CoreWeave reported strong third-quarter results, with revenue jumping 134% to $1.36 billion, the company's projected 2025 revenue of $5.05 billion to $5.15 billion fell short of the $5.29 billion consensus estimate.
In other tech news, Advanced Micro Devices (AMD) is expected to provide important updates on its artificial intelligence (AI) initiatives at its upcoming financial analyst day event. Investors will be closely watching for any developments in AMD's AI capabilities, which could have significant implications for the company's future growth.
