CoreWeave shares soar past IPO price on 3rd trading day

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CoreWeave shares soar past IPO price on third trading day
Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40.
CoreWeave shares slump nearly 10% in second day of trading
CoreWeave rents out access to Nvidia graphics processing units to other large tech and AI companies including Meta, IBM and Cohere.
CoreWeave Shares Soar 40% Tuesday, Recovering From Weak IPO Start
CoreWeave shares surged more than 40% on Tuesday, lifting its market cap to nearly $25 billion after a weak market debut, according to CNBC. The AI cloud firm had dropped more than 10% Monday, falling below its IPO price.

CoreWeave, IPO

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Why CoreWeave’s stock is taking off after a lackluster IPO
CoreWeave’s stock is now up 65% since its flat trading debut on Friday. Analysts note it has a smaller float that can make it prone to volatile swings.
CoreWeave IPO: Is this Fast-Growing AI Stock a Buy Right Now?
The recently IPO'd CoreWeave ( CRWV 6.65%) offered the latest reminder of the explosive growth in AI, and its recent revenue jump blew Nvidia's away. Admittedly, CoreWeave is much smaller than Nvidia, but its revenue soared 737% in 2024 to reach $1.9 billion.
CoreWeave's Post-IPO: Here's What You Need To Know
CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.
Post-CoreWeave, Venture Investors Rethink Their Outlook on IPOs
CoreWeave’s bumpy takeoff as well as market volatility are deterring startups from going public. Still, some investors ...
CoreWeave’s Wild Ride: How the Company Is ‘Building the Next AWS’ for AI
Less than a week after its IPO, CoreWeave is already a polarizing stock. The co-founder explains what investors may be ...
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OpenAI’s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher
AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking ...
CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training ...
Nvidia-backed CoreWeave closes flat at $40 after biggest U.S. tech IPO since 2021
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
CoreWeave Disappoints on Opening of Trading
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the ...
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Heard on the Street: CoreWeave Delivers a Verdict on the AI Boom—and on Itself
CoreWeave’s lackluster stock-market debut Friday offered further proof the artificial-intelligence trade is losing steam. It ...
CoreWeave's lukewarm IPO debut is failing to ignite the AI market
CoreWeave's debut has been eagerly awaited by investors as a sign of the strength of the AI trade as well as the appetite for ...
‘Get Your Popcorn Ready,’ Says Investor About CoreWeave Stock
Some big AI news popped last week, as the AI cloud infrastructure firm CoreWeave (NASDAQ:CRWV) IPO’d – to significant fanfare.Don't Miss Our ...