CoreWeave's stock plunged nearly 10% on Monday, dropping below its IPO price, raising concerns about AI-focused IPOs in a volatile market.

Nvidia Corporation (NASDAQ: NVDA) dropped 3.66% during the Monday pre-market trading session following CoreWeave's disappointing IPO and uncertainty surrounding President Donald Trump's 'Liberation Day' on April 2.

Madison Mills breaks down the top stories on Monday morning on this segment of Market Minute, including Nvidia's (NVDA) and Tesla's (TSLA) declines and CoreWeave's (CRWV) sharp losses on its first full trading day.

The most anticipated tech-related IPO in recent memory has turned into a dud of sorts. And at least two well-known hedge funds are feeling the impact.

CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company said on Thursday, dampening expectations that the listing would boost investor appetite for IPOs.

While investors are now more nervous about the sustainability of AI spending, that is not the main reason why CoreWeave (CRWV) ended up pricing its IPO below ... of the market for AI," D.A ...

CoreWeave’s Nasdaq debut may offer hope to other IPO candidates that smooth listings are achievable with tempered valuations, even as equity markets are already grappling with tariff-related turmoil.

CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the Nvidia -backed startup bets on strong demand for generative artificial intelligence.