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AI infrastructure stocks have had a rough time in 2026, with CoreWeave (CRWV) right in the middle of it. Based in Livingston, New Jersey, the cloud computing company, which rents out GPU-heavy data centers to AI developers, went public in March 2025 at $40 per share and quickly turned into one of the market's most talked-about names, climbing as high as $187 by June 2025.
Since then, CRWV stock has fallen 52% from that peak, hit by a disappointing fourth-quarter earnings miss, a softer-than-expected revenue outlook, and ongoing concerns about how long AI spending can stay this strong.