The Latest Breaking News from CRWV

CRWV stock watchers should circle Aug. 12, as Q2 earnings are on the way and could reshape the growth narrative.

Shares of AI infrastructure firm CoreWeave Inc (NASDAQ:CRWV) are soaring in Thursday morning trading after receiving a vote of confidence from Citigroup.

AI cloud-computing startup CoreWeave (NASDAQ:CRWV) surged on Tuesday after it announced plans to invest up to $6 billion in building a state-of-the-art AI data center in Lancaster, Pennsylvania. The center is designed to support advanced AI applications and strengthen U.S. global competitiveness.

CoreWeave had seven of Thursday’s top 10 unusually active options and 10 of the top 20. It seems investors can’t get enough of the AI-focused stock. While it rules the options market, CRWV probably shouldn’t be in your retirement portfolio.

The evolving landscape of high-performance computing (HPC) is reshaping how investors view traditional bitcoin mining companies, as evidenced by the recent downgrade of Core Scientific, Inc. (NASDAQ:CORZ)

As the demand for high-performance computing and artificial intelligence continues to surge, the recent acquisition of Core Scientific Inc. (NASDAQ:CORZ) by CoreWeave Inc. (NASDAQ:CRWV) signals a significant shift in the tech landscape. This move not only expands CoreWeave’s capacity to meet growing market needs but also raises questions about the…

CoreWeave Inc (NASDAQ:CRWV) shares are on watch Wednesday after the company announced that it became the first AI cloud provider to offer Nvidia RTX Pro 6000 Blackwell GPUs at scale.

CoreWeave shares are in focus as the AI infrastructure firm confirms plans of buying Core Scientific for $9 billion. Macquarie is sour on CRWV here.

In a recent interview with CNBC, CoreWeave (NASDAQ:CRWV) CEO Michael Intrator acknowledged Oracle Corporation (NYSE:ORCL) as a strong rival in the artificial intelligence infrastructure sector.