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CoreWeave stock rips higher

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Customer concentration is a big risk for the company.
From The Motley Fool
shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40.
From Reuters

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CoreWeave IPO: Is this Fast-Growing AI Stock a Buy Right Now?
The recently IPO'd CoreWeave ( CRWV 6.65%) offered the latest reminder of the explosive growth in AI, and its recent revenue jump blew Nvidia's away. Admittedly, CoreWeave is much smaller than Nvidia, but its revenue soared 737% in 2024 to reach $1.9 billion.
CoreWeave's Post-IPO: Here's What You Need To Know
CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.
CoreWeave stock rips higher after muted IPO
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's business model caused it to downsize the offering. Nvidia ( NVDA) — an early CoreWeave investor — reportedly anchored the IPO at $40.
CoreWeave shares soar past IPO price on third trading day
Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40.
Why CoreWeave Stock Rocketed Higher Today
CoreWeave has a huge contract that is helping investors look beyond its debt load. Shares of the cloud infrastructure company are soaring today, however. The stock was up by 21.5% as of 1:45 p.m. ET,
CoreWeave rises above IPO price on third trading day
CoreWeave had already taken a hit on Thursday when it had to downsize its IPO. Nvidia contributed a $250-million order as part of CoreWeave's IPO, which raised $1.5 billion, Reuters reported last week.
These Stocks Are Moving the Most Today: Tesla, Rivian, DJT, CoreWeave, Nvidia, Amazon, Newsmax, and More
Stocks traded higher Wednesday ahead of an announcement on tariffs, during what President Donald Trump has dubbed “Liberation Day.” The White House said Trump will unveil the tariffs on U.S. trading partners at 4 p.
CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
DatacenterDynamics4h
Google in talks to rent Nvidia Blackwell GPUs from CoreWeave - report
Google is reportedly in advanced talks about renting Nvidia Blackwell chips from CoreWeave. As reported by The Information, citing "two people briefed about the situation," the search and cloud giant has also reached out to CoreWeave competitors to increase its access to AI chips.
Does Nvidia-Backed CoreWeave's Lackluster IPO Signal the AI Stock Boom Is Officially Over?
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CoreWeave Disappoints on Opening of Trading
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy.
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The Information21h
Google in Advanced Talks to Rent Nvidia AI Servers From CoreWeave
Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave, an upstart cloud provider, according to two people briefed about the situation.
Post-CoreWeave, Venture Investors Rethink Their Outlook on IPOs
CoreWeave’s bumpy takeoff as well as market volatility are deterring startups from going public. Still, some investors continue to warm hopes for a rebound this year.
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