Nvidia, Coreweave and Stock
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Markets Insider |
Investor sentiment weakened amid rising concerns over President Donald Trump’s upcoming “Liberation Day” on April 2, which marks the start of new trade tariffs.
NBC New York |
CoreWeave shares rose more than 10% in their third trading day, following a volatile post-IPO start.
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Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS/Brendan McDermid/File Photo
Nvidia Corporation (NASDAQ: NVDA), a major player in the AI industry, is facing a significant market challenge following the public debut of cloud computing firm CoreWeave (NASDAQ: CRWV).
Last week’s broken IPO for CoreWeave Inc (NASDAQ:CRWV) is finding its footing Tuesday. During its debut on Friday, shares priced weakly, opened lower, and closed flat. The stock then continued 7% lower on Monday.
Nvidia (NASDAQ:NVDA) isn’t just following the AI trend – it’s driving it. Its explosive revenue growth and expanding margins have been driven
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
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CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
CoreWeave has found a big market in selling Nvidia’s popular AI processors, but the company has a challenging story to sell to public investors.
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.
CoreWeave, a cloud computing company backed by Nvidia, priced its initial public offering at $40 per share Thursday, below its previously expected range.