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CRWV News30 articles
Russell Index Overhaul: CoreWeave Joins Large-Cap, Bloom Energy Ascends
FTSE Russell's annual index reconstitution will trigger trillions in passive fund trades at Friday's close, with CoreWeave joining the Russell 1000 and Bloom Energy moving up, driving concentrated order flows.
AI cloud stocks stumble on Nasdaq-100 debut amid rule change
CoreWeave and Nebius dropped on their Nasdaq-100 debut as a new float-sensitive rule tempered passive demand, triggering a 'sell the news' move after pre-inclusion rallies.
Russell Reconstitution Set to Drive SpaceX Stock More Than Geopolitical Tensions
SpaceX (SPCX) joins the Russell 1000 on Friday, with JPMorgan estimating $4 billion in passive demand, potentially overshadowing geopolitical news from Iran.
CoreWeave to Join Nasdaq-100 After 17% Weekly Surge
CoreWeave joins the Nasdaq-100 on Monday after a 17% weekly gain, triggering index fund buying from over $800 billion in assets. The AI cloud firm's Q1 revenue doubled to $2.08 billion, but net loss widened to $740 million.
CoreWeave Rallies Ahead of Nasdaq-100 Inclusion; Debt Concerns Loom
CoreWeave rose 17.3% to $117.95 ahead of its Nasdaq-100 debut. The company faces significant debt risks after pricing $3.25 billion in senior notes.
Nebius Stock Rises Ahead of Nasdaq-100 Inclusion Amid AI Cloud Surge
Nebius shares rose 4.23% in premarket trading ahead of its Nasdaq-100 debut on June 22, as the AI cloud firm continues to expand with major contracts and surging revenue.
CoreWeave Gains as Nasdaq-100 Inclusion Nears, Backlog Optimism Grows
CoreWeave jumped 9.67% to $117.03 on Tuesday, buoyed by expectations of a backlog surpassing $131 billion and its upcoming Nasdaq-100 inclusion.
CoreWeave Surges on Nasdaq-100 Inclusion, Debt Deal Fuels AI Expansion
CoreWeave shares surged 9% after being added to the Nasdaq-100, with index inclusion set for June 22. The company also priced $1.25 billion and €2 billion in high-yield notes for AI infrastructure, but remains high-risk due to losses and leverage.
CoreWeave Gains Early Access to Nvidia's Vera Rubin, Debt Concerns Loom
CoreWeave shares surged 13.96% after announcing the first validated deployment of Nvidia's Vera Rubin NVL72 system. Despite strong revenue and backlog growth, the company faces mounting debt and a widening net loss.
CoreWeave Shares Surge Premarket on Index Inclusion and AI Deal
CoreWeave shares surged 5.65% premarket after a preliminary Russell 3000 index addition and a $20 million AI-inference funding round backed by CoreWeave.
CoreWeave and Nebius: AI Cloud Rivals Heat Up Amid Surging Demand
CoreWeave shares rose on a Buy rating from GF Securities, while Nebius reported 684% revenue growth. Both AI cloud firms are expanding capacity to meet surging demand.
AI Chip Stocks Split as Nvidia Earnings Loom; CoreWeave Drops on Google-Blackstone Cloud Deal
Nvidia rose 0.8% ahead of its earnings report, while CoreWeave dropped 3.7% after Google and Blackstone announced a $5 billion U.S. AI cloud venture using Google's custom TPUs.
Cerebras IPO Skyrockets with Overwhelming Demand, Targeting $50B Valuation
Cerebras Systems is set to price its IPO above the $150-$160 range due to massive demand, with orders 20 times available shares, targeting a $50 billion valuation.
Nasdaq Slides as Hot CPI Data Dents Rate Cut Hopes
U.S. stocks fell Tuesday after April CPI rose 0.6%, exceeding forecasts. The Nasdaq dropped 0.6% as energy costs surged and Treasury yields climbed, dampening hopes for Fed rate cuts.
WhiteFiber Q1 Results Due as NC-1 Data Center Revenue Ramp Begins
WhiteFiber reports Q1 earnings May 14 as its NC-1 data center begins billing under a $865M Nscale colocation deal. Revenue rose 61% in Q4 to $23.6M, but net loss was $1.5M.
ARK Buys CoreWeave Dip; Wells Fargo Lifts Target on $99B Backlog
ARK funds purchased 113,076 CoreWeave shares for $12.9M after the stock fell 11% on weak guidance. Wells Fargo raised its price target to $155, focusing on the company's $99.4B backlog.
S&P 500 and Nasdaq Close at All-Time Highs on Strong Jobs Data and AI Chip Surge
The S&P 500 and Nasdaq closed at record highs Friday, fueled by a robust jobs report and a surge in AI chip stocks. The S&P 500 gained 2.3% for the week, the Nasdaq 4.5%.
Oil Surge on Iran Tensions Drags US Futures Lower
US stock futures slipped as oil surged above $96 on renewed Iran conflict, stoking inflation fears. The S&P 500 fell 0.38%, with chip stocks declining, while Nvidia and Microsoft gained.
CoreWeave Faces $66.8B Backlog Test as Q1 Earnings Loom
CoreWeave reports Q1 earnings after the close May 7, with a $66.8B backlog and major deals with Meta, Anthropic, and Jane Street. Investors eye execution risks.
CoreWeave Surges on Meta's $21 Billion Cloud Deal Ahead of Earnings
CoreWeave shares rose 5.4% to $125.43 premarket Tuesday after Meta pledged $21 billion for cloud capacity through 2032. Jefferies estimates the backlog could exceed $95 billion.
CoreWeave Shares Surge Ahead of Q1 Report Amid OpenAI Exposure Concerns
CoreWeave shares climbed 5.8% Monday to $125.89 ahead of its Q1 earnings report, with the market weighing OpenAI dependency against a $66.8 billion backlog.
CoreWeave Q1 Earnings Loom After $154M Insider Sale
CoreWeave reports Q1 earnings on May 7, after a $154 million stock sale by Magnetar entities. The Nvidia-backed AI cloud firm must prove demand is translating into revenue.
AI Stocks Slide on OpenAI Jitters Ahead of Tech Earnings
AI stocks fell Tuesday after an OpenAI report on missed targets triggered declines in Oracle, CoreWeave, and chipmakers, ahead of earnings from major tech firms.
Nasdaq Slides on AI Jitters; Visa, Starbucks Rally in After-Hours Trading
U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off. In after-hours trading, Visa and Starbucks rallied on strong earnings, while oil prices climbed above $100.
AI Rally Stumbles as OpenAI Revenue Miss Hits Oracle, CoreWeave
Oracle and CoreWeave shares dropped after a report OpenAI missed revenue and user targets, fueling worries about AI demand and infrastructure spending.
CoreWeave CEO Cashes Out $35.8M Amid AI Cloud Rally
CoreWeave CEO Michael Intrator sold $35.8 million in shares this week, while the company announced major customer deals and debt financing.
Market Insights: Undervalued Stocks Emerge Amid Volatility
Financial analysis reveals potential undervaluation in Markel Group and Scotiabank, while the FTSE 100 correction boosts high-yield opportunities. Kinross Gold insider selling contrasts with analyst optimism.
CoreWeave Shares Slide on Aggressive $35 Billion Capex Plan
CoreWeave shares declined 3.6% in premarket activity following the company's announcement of a massive $30 to $35 billion capital spending target for 2026. The AI infrastructure provider also reported a Q4 net loss of $452 million.
CoreWeave Shares Slide on Aggressive $35B Capex Plan, Investor Scrutiny
CoreWeave shares declined 3.6% in premarket activity Monday following the company's announcement of a massive $30-35 billion capital spending plan for 2026. The AI infrastructure provider also reported a Q4 net loss of $452 million.
CoreWeave Plunges on Aggressive $35B Capex Plan, Soft Q1 Outlook
CoreWeave shares tumbled over 18% following its ambitious $30-35 billion capital expenditure plan for 2026 and a muted first-quarter revenue forecast, highlighting investor worries over financing and profitability.