Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Barchart

Anushka Mukherji

Core Scientific Just Rejected CoreWeave’s Bid. Should You Buy CRWV Stock Here or Stay Far Away?

CoreWeave Core Scientific CRWV United States Nvidia OpenAI

Artificial intelligence (AI) data center provider CoreWeave (CRWV) just faced a major setback in its expansion journey. The company’s ambitious $9 billion all-stock deal to buy crypto miner Core Scientific (CORZ) has officially been rejected. On Oct. 30, Core Scientific shareholders voted against the proposal, putting an end to months of heated investor debates. The deal was a key part of CoreWeave’s strategy to lock in the energy and data center capacity needed to meet the surging demand for AI infrastructure.

In fact, this marks the second time CoreWeave’s courtship with Core Scientific has collapsed, following a June 2024 all-cash offer that was also turned away. CoreWeave investors didn’t take the latest blow lightly, with the company’s shares tanking almost 6.3% on the news. Now, with the acquisition off the table, is this a golden chance to buy CRWV on the dip, or a sign to stay on the sidelines?

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

‘Moonies employees strictly followed the rules and did not serve alcohol to any underaged guests,’ the bar said in a statement

The Independent UK

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

The Trump administration is creating a team of attorneys to represent children who traveled alone to the United States in immigration proceedings, which critics say would deprive them of having lawyers who aren’t employed by the government and could put them at greater risk of deportation

The Independent UK

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombian president Abelardo de la Espriella has offered legal assistance to a group of Colombian military veterans who were arrested over the 2021 killing of Haitian president Jovenel Moïse

The Independent UK

Whistleblower suit alleges Trump ordered FBI investigation on LA anti-ICE protesters

Whistleblower suit alleges Trump ordered FBI investigation on LA anti-ICE protesters

The White House denies the allegations as ‘false’ and says the ‘first amendment does not protect violent rioting’

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

The U.S. military in Okinawa, Japan, is pausing all operations for two days after a Marine was arrested on suspicion of killing a local woman

The Independent UK

These Minnesota Parents Were Censored at a Public Meeting for Saying School Employees' Job Titles

These Minnesota Parents Were Censored at a Public Meeting for Saying School Employees' Job Titles

"You can't talk about the superintendent," a Foley Public School Board official told Blake and Katy DeMarais when they tried to advocate for their disabled and nonverbal son.

Related Stories

Top stories on inkl right now

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

‘Moonies employees strictly followed the rules and did not serve alcohol to any underaged guests,’ the bar said in a statement

The Independent UK

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

The Trump administration is creating a team of attorneys to represent children who traveled alone to the United States in immigration proceedings, which critics say would deprive them of having lawyers who aren’t employed by the government and could put them at greater risk of deportation

The Independent UK

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombian president Abelardo de la Espriella has offered legal assistance to a group of Colombian military veterans who were arrested over the 2021 killing of Haitian president Jovenel Moïse

The Independent UK

Whistleblower suit alleges Trump ordered FBI investigation on LA anti-ICE protesters

Whistleblower suit alleges Trump ordered FBI investigation on LA anti-ICE protesters

The White House denies the allegations as ‘false’ and says the ‘first amendment does not protect violent rioting’

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

The U.S. military in Okinawa, Japan, is pausing all operations for two days after a Marine was arrested on suspicion of killing a local woman

The Independent UK

These Minnesota Parents Were Censored at a Public Meeting for Saying School Employees' Job Titles

These Minnesota Parents Were Censored at a Public Meeting for Saying School Employees' Job Titles

"You can't talk about the superintendent," a Foley Public School Board official told Blake and Katy DeMarais when they tried to advocate for their disabled and nonverbal son.

Our Picks

Have an Elmo Teether in the Freezer? Check It Before Giving It Back to Baby

That familiar red Elmo face sitting in your freezer may deserve a closer look before it goes back into your baby’s hands. A Skip Hop Baby “Sesame Street” Elmo Silicone Teether has been recalled because its black eye pieces can detach if the product is frozen, creating a choking hazard.…

Kids Ain't Cheap

Gen Z's new American Dream: Skip the mortgage, book the flight

Young Americans are trading square footage, new cars and even moving out for plane tickets, even as airfares jump more than 20%.

Megan Fox Tagged 'Unrecognisable' in Letterboxd Video as Fans Defend Her Against Meaningless Comments

A Letterboxd video featuring Megan Fox and Karyn Kusama prompted online debate about Fox's appearance, with fans challenging unsupported speculation about cosmetic procedures or health

International Business Times UK

US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List

PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.

International Business Times UK

Alice Zaslavsky’s shortcut beetroot baked risotto – recipe

An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights

The Guardian - AU

Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in

On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.

The Conversation

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play