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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.
One analyst says investors seem to be taking issue with CoreWeave specifically, which he views as “nothing more than a highly leveraged, off-balance-sheet arrangement for Nvidia.” ...
CoreWeave was falling early on Monday as investors continued to look skeptically at the cloud-computing company’s initial public offering. CoreWeave shares were down 5% at $38.00 in premarket trading, ...
CoreWeave's IPO was underwhelming, but that doesn't reflect the company's fundamentals. Read more about CRWV stock here.
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
Shares in CoreWeave, a cloud computing company backed by Nvidia, wavered in their market debut Friday, following a $1.5 billion initial public offering that priced below its expected range.
CoreWeave is a high-risk stock at this stage. IPO stocks are typically high-risk, as it takes a while for them to find equilibrium in the stock market. Despite the concerns about the relationship with ...
CoreWeave priced its initial public offering (IPO) at $40 a share in March. The company initially expected to sell shares in the range of $47 to $55, but concerns about the pace of AI spending and ...
CoreWeave will only receive the profits from the 36,590,000 it sells. That means CoreWeave potentially raised more than $1.46 billion in its IPO. At its $40 per share IPO price, CoreWeave has a fully ...
CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company ...
A stock split is a tool public companies have available that allows them to cosmetically alter their share price and ...
While investors are now more nervous about the sustainability of AI spending, that is not the main reason why CoreWeave (CRWV) ended up pricing its IPO below its original range, or why its stock ...