Nvidia, Coreweave and Stock
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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.
From Markets Insider
CoreWeave's public offering also served as a major test for an IPO market that has largely dried up since early 2022 as inflation and rising interest rates deterred investors from riskier bets.
From NBC New York
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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).
CoreWeave shares rallied more than 10% on Tuesday and looked to bounce back from a lackluster second trading day on the public markets.
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 co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
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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.
The Register on MSN22h
Nvidia challenger Cerebras says it's leaped Mid-East funding hurdle on way to IPOChief among the watchdog panel's worries was Cerebras' reliance on the United Arab Emirates (UAE) AI crown jewel G42, which according to the upstart's IPO filings from September, accounted for more than 87 percent of its revenues in the first half of 2024.