CoreWeave stock rips higher after muted IPO
CoreWeave priced its initial public offering (IPO) at $40 a share in March. The company initially expected to sell shares in the range of $47 to $55, but concerns about the pace of AI spending and CoreWeave's business model caused it to downsize the offering. Nvidia ( NVDA) — an early CoreWeave investor — reportedly anchored the IPO at $40.
CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training ...
Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above ...
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
After waiting over three years for a billion-dollar-plus IPO from a U.S. tech company, Wall Street’s top banks only got a 2.8 ...
Concerns sparked by CoreWeave's debt pile and other financial challenges may weigh on retail investor enthusiasm as it ...
CoreWeave's debut has been eagerly awaited by investors as a sign of the strength of the AI trade as well as the appetite for ...
The catalyst behind the rally was unclear, but it comes after a rocky start for the company backed by Evanston hedge fund Magnetar Capital.
Shares of the media company were recently off some 65% to $80, plummeting in their third session as a publicly traded company ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback