CRWV — CoreWeave, Inc. - Class A Common Stock
Session close: $53.13. Regular-session share volume: 72,730,830. Change from previous close: -6.13%.
Key developments
CoreWeave extended a two-day slide as Nvidia's leadership turmoil deepened the AI cloud selloff, with investors questioning future financial support from Nvidia and the value of the chip investments underpinning the neocloud model. The company is Nvidia-backed and closely tied to the chipmaker's ecosystem, making the CEO transition a source of concern for AI infrastructure names.
Company news CoreWeave Stocks Fall 10.19% as Nvidia Turmoil Deepens AI Cloud Selloff · Company news CoreWeave and Nebius Lost a Friend in Huang. What Comes Next for Neoclouds. · Market context — Mentions CRWV in the article text. Nebius Crashes 20% as Jensen Huang Shock Rocks AI Stocks: One ETF Is Having a Field Day
Offsetting that, Cathie Wood's Ark bought a sizable block of CoreWeave shares on the dip, and the company's recent quarterly results were cited among earnings that were rewarded and as a sign the AI trade may be regaining momentum. CoreWeave also announced general availability of a managed PostgreSQL database service running inside its Kubernetes clusters for AI workloads.
Company news Cathie Wood Buys the Dip in CoreWeave, Sells Palantir Stock: Ark Also Trades Archer Aviation, Rocket Lab, Amazon · Company mentioned — Mentions CRWV in the article text. Earnings week scorecard: beats rewarded selectively as AI-infrastructure names pull back · Company mentioned — Mentions CRWV in the article text. 3 signs the AI trade is back · Company news CoreWeave Announces General Availability of CoreWeave Database
News sources
Company news CoreWeave Stocks Fall 10.19% as Nvidia Turmoil Deepens AI Cloud Selloff · Company news CoreWeave and Nebius Lost a Friend in Huang. What Comes Next for Neoclouds. · Company news Cathie Wood Buys the Dip in CoreWeave, Sells Palantir Stock: Ark Also Trades Archer Aviation, Rocket Lab, Amazon · Company news CoreWeave Announces General Availability of CoreWeave Database · Company news Barclays Maintains Equal-Weight on CoreWeave, Lowers Price Target to $85 · Company news Macquarie Maintains Outperform on CoreWeave, Lowers Price Target to $120