CoreWeave Dives After a Massive Rally. Here’s Why You Should Stay Cautious on CRWV Stock.

CoreWeave's (CRWV) stock has lost momentum after an extraordinary rally earlier this year, declining more than 18% over the past week and more than 40% from its 52-week high. While the sharp pullback may appear to have created an attractive entry point, investors should think twice before rushing in.

The AI infrastructure provider's rally was driven by a string of major customer wins. During the first quarter, CoreWeave added Anthropic as a customer to support the development and deployment of its Claude family of AI models. The company also expanded its relationship with Meta (META), securing multiple new orders, including a previously announced $21 billion agreement.