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via seekingalpha.comMarkets

CoreWeave keeps falling, Bernstein says it has not hit bottom yet

FROM THE WIRE · SEEKINGALPHA.COM

[Modern interior server room data center. Connection and cyber network in dark servers. Backup, mining, hosting, mainframe, farm, cloud and computer rack with storage information. 3D rendering] Mikhail Konoplev/iStock via Getty Images CoreWeave (CRWV…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishBernstein's target cut and financing concerns weigh on the AI-related stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The stock fell another 7% by late morning.
  2. 02Bernstein cut its price target to $51 from $74 and kept an Underperform rating.
  3. 03The stock has plunged more than 50% over the past six months.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.