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via finance.yahoo.comMarkets

CoreWeave falls 10.19% as Nvidia turmoil deepens AI cloud selloff

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. CoreWeave (NASDAQ:CRWV) shares fell 10.19% to $50.83 as of 10:05 a.m. ET in Friday's regular session on November 13, extending Thursday's 6.86% drop as the Nvidia leadership shock hit Nvidia-linked names. Nvidia invested $2 billion in…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishCoreWeave's drop reflects contagion from the Nvidia leadership shock to Nvidia-linked names.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CoreWeave shares fell 10.19% to $50.83.
  2. 02The stock had already dropped 6.86% on Thursday.
  3. 03Corporate debt is about $41.6 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
CoreWeave, Inc. Class A Common StockCRWVStock52.20 USD+0.14%today -7.78%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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