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Nvidia-backed CoreWeave soars 100% since IPO as investors see AI demand outweighing 'risky' business model
Nvidia-backed AI cloud company CoreWeave has seen shares soar over 100% since its IPO in March as investors' hopes for the AI boom outweigh concerns over its Nvidia-reliant business model.
CoreWeave’s Massive $23B AI Spending Plan Worries Investors Despite OpenAI Deal
CoreWeave plans to spend up to $23B in 2025 to meet AI demand from clients like Microsoft and OpenAI, raising investor ...
CoreWeave (CRWV) Surges after Nvidia Reveals a Larger Stake in the Company
CoreWeave (CRWV) saw a significant surge of up to 26% on Friday to hit a record high after chipmaker Nvidia (NVDA) revealed that it had a larger stake in the cloud-computing provider than previously ...
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S&P 500 surges 20% in six weeks as market euphoria returns on Wall Street
The S&P 500 has erased six weeks’ worth of panic and clawed its way back from a near-bear breakdown, jumping 20% since April ...
Prediction: This Artificial Intelligence (AI) Data Center Stock -- Backed by Nvidia and Billionaire Jeff Bezos -- Could Go Parabolic After May 20
Companies such as Vertiv and CoreWeave fetch much of the attention in the AI data center market, but a smaller player called ...
Wall Street ends week up; S&P 500 nears high
Wall Street cruised to the finish of its strong week on Friday, as U.S. stocks glided closer to the all-time high they set ...