Reported 1 day ago
CoreWeave's shares experienced a significant increase of up to 26% following Wall Street analysts raising their price targets after the company's strong earnings report. The stock's rise was further fueled by Nvidia's SEC filing, which disclosed an increase in its stake in CoreWeave to $1.9 billion. Despite CoreWeave's challenges, including high capital expenses and customer concentration, Nvidia's involvement boosts investor confidence in the company's future.
Source: YAHOO