CoreWeave Inc

Applied Digital shares rip 40% higher on CoreWeave AI lease agreement
Technology

Applied Digital shares rip 40% higher on CoreWeave AI lease agreement

Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said […]

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Circle IPO has peculiar Facebook-like characteristic
Technology

Circle IPO has peculiar Facebook-like characteristic

Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. […]

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Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
Finance

Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more

Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]

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CoreWeave shares soar 19% after  billion debt offering
Technology

CoreWeave shares soar 19% after $2 billion debt offering

Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025.  Brendan Mcdermid | Reuters CoreWeave shares popped 19% after announcing a $2 billion debt offering. The renter of artificial intelligence data centers powered by Nvidia chips […]

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S&P 500 rips higher by more than 20% as animal spirits awaken in six-week market comeback
World

S&P 500 rips higher by more than 20% as animal spirits awaken in six-week market comeback

I can’t be the only parent of college-age kids who routinely texts them, “Have fun. Not too much.” This roughly captures the recent market moment. Investors have loosened up and are deservedly enjoying the resounding six-week market comeback — which takes them ever closer to the hard-to-discern line between harmless fun and reckless indulgence. Bursting […]

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Tech IPO market is finally showing signs of life
Technology

Tech IPO market is finally showing signs of life

Yoni Assia, co-founder and chief executive officer of EToro Group Ltd., center, and Ronen Assia, co-founder of EToro Group Ltd., center left, ring the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, May 15, 2025. Yuki Iwamura | Bloomberg | Getty Images The IPO market […]

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CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake
World

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake

CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain competitive. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the […]

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Cerebras CEO says chipmaker’s ‘aspiration’ is to hold IPO in 2025
Technology

Cerebras CEO says chipmaker’s ‘aspiration’ is to hold IPO in 2025

Toronto , Canada – 20 June 2024; Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images Cerebras CEO Andrew Feldman said his hope is to take his company public in 2025 now that the chipmaker has […]

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CoreWeave CEO defends capex plans, says company is meeting ‘demand signals’ from major hyperscalers
Technology

CoreWeave CEO defends capex plans, says company is meeting ‘demand signals’ from major hyperscalers

Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters CoreWeave shares jumped more than 5% Thursday as the renter of artificial intelligence servers posted strong revenues and CEO Michael Intrator reinforced the […]

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Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more
Finance

Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more

Check out the companies making headlines in midday trading. Walmart — Shares of the big-box retailer dropped 1% after Walmart fell slightly short of first-quarter sales expectations and management warned that consumers could see higher prices caused by tariffs. Walmart reported revenue of $165.61 billion, while the consensus forecast was $165.84 billion, per LSEG. The retailer earned 61 […]

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