Where Will CoreWeave Be in 1 Year?

CoreWeave (NASDAQ: CRWV) zoomed from zero to hero on the stock market in just a couple of months.The company, which rents out access to the popular Nvidia graphics processing units (GPUs) needed to power generative-AI products, went public at the end of March in an initial public offering (IPO) that was widely regarded as a disappointment. The company had to lower its IPO price due to lack of demand, and sold fewer shares than it had intended.The debut priced at $40 and the stock closed below that mark as recently as April 22, but since surged due to positive updates from the company, as well as the overall market rebound made possible by cooling trade war tensions and generally solid economic data. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool