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Wajeeh Khan

Should You Chase the Rally in CoreWeave Stock?

CoreWeave CRWV Anthropic Evercore ISI Evercore Meta

CoreWeave (CRWV) shares ripped higher on April 10 after the company announced a major multi-year cloud infrastructure agreement with Anthropic to support its Claude AI models. The news arrives only a day after META expanded its AI cloud deal with CRWV to a whopping $21 billion.

As investors cheered these sizable transactions, CoreWeave stock broke above its 200-day moving average (MA), signaling a meaningful bullish reversal in long-term momentum.

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