Nvidia, CoreWeave
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The neocloud operator got some love from Wall Street.
CoreWeave (NASDAQ:CRWV) shares rose about 3% on Tuesday after Deutsche Bank upgraded the company to Buy from Hold. The move followed Monday's news that Nvidia (NVDA) invested $2 billion in CoreWeave and expanded their collaboration to accelerate AI factory buildouts.
CoreWeave stock soars as Nvidia invests $2 billion. But Jensen Huang just said something that warrants caution in buying CRWV shares.
15don MSN
Why CoreWeave Stock Popped Today
Management pushed back on concerns about GPU depreciation.
CoreWeave shares are trading lower amid overall market volatility this week after President Donald Trump posted on social media that, starting Feb. 1, Denmark, Norway, Sweden, France, Germany, the UK,