Stock Market News | CoreWeave (CRWV.US) Soars by Over 14%, Surging 160% in Less Than 2 Months Since Listing.
According to the Wisdom Financial APP, on Wednesday, CoreWeave(CRWV.US) surged over 14% to a new high, with the stock price skyrocketing by 160% in less than 2 months to $102.77. On the news front, CoreWeave previously reached a $4 billion agreement with OpenAI, which will last until 2029 and aims to provide additional cloud computing capabilities. CEO Michael Intrator stated in an interview: "The demand for our products is truly insatiable, and to meet this demand, CoreWeave is accelerating its investment plans, with total spending this year reaching $23 billion. In addition, as of the end of March 2025, NVIDIA held nearly $900 million worth of CoreWeave shares, with a 7% stake."
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