Reported about 23 hours ago
CoreWeave (CRWV) experienced a 22% increase in its stock price, reaching $80, after Nvidia disclosed its 7% stake in the company. The announcement, coupled with CoreWeave's strong Q1 2025 earnings results and new partnerships, has significantly boosted investor confidence. Analysts are optimistic about CoreWeave's growth potential, given its reliance on Nvidia's GPU technology, despite suggestions that other AI stocks might offer better returns.
Source: YAHOO