CoreWeave: Something Is Very Wrong (NASDAQ:CRWV)

CoreWeave: Something Is Very Wrong (NASDAQ:CRWV)

CoreWeave, Inc. secured a $14.2B compute deal with Meta, boosting its stock 15% and diversifying revenue. Click here to read why CRWV stock is a Buy.

EDITORIAL: How America can win the AI race against China

The major expansion of artificial intelligence (AI) is the greatest American economic success story in a generation. Some of the development has been driven by large tech companies like Microsoft that committed $80 billion in new AI development, meaning tens of thousands of good paying jobs. Or Google, which announced a $9 billion commitment in Oklahoma alone.But the real sign of this being a success is made-in-America startups like CoreWeave, w…

CoreWeave Stock Soars on $14 Billion Meta Deal -- Wall Street Says the Nvidia-Backed AI Stock Is Still a Buy @themotleyfool #stocks $CRWV $MSFT $GOOGL $AMZN $IBM $NVDA $NBIS $GOOG

Key PointsCoreWeave, a cloud services company that specializes in artificial intelligence, recently reached a $14.2 billion deal with Meta Platforms.CoreWeave stands out from traditional cloud platforms due to technical expertise, superior performance, and its close ties with Nvidia.CoreWeave has taken on a substantial amount of debt to fuel its data center buildout, but the company is also growing like wildfire.10 stocks we like better than Cor…

This Nvidia-Backed AI Stock Rallied Hard After Inking a $14B Cloud Deal With Meta Platforms

Nvidia( Nasdaq:NVDA)-backed AI cloud computing firm CoreWeave (Nasdaq:CRWV) shares surged almost 12% on Tuesday to $136.85 (£101.35) after it announced a $14.2 billion (£10.5 billion) long-term cloud deal with Meta Platforms (Nasdaq:META). The company operates a network of US and European data centres to offer cloud-based infrastructure, like GPU hardware and specialised software, to enterprises and AI labs.The CoreWeave stock is up 250% since i…