Why CoreWeave, Inc. (CRWV) Went Up On Friday

From Yahoo Finance: 2025-05-02 22:23:00

The stock market closed the week with strong gains after better-than-expected non-farm payrolls and positive corporate earnings. The Nasdaq rose by 1.51%, S&P 500 by 1.47%, and Dow Jones by 1.39%. Ten top performers were identified, including CoreWeave, Inc. (CRWV), which jumped 16.36% on Friday due to increased spending plans from Microsoft and Meta Platforms Inc. Microsoft is CRWV’s largest client, accounting for 62% of its revenues last year. While CRWV ranks 4th on the list of top performers, AI stocks are seen as holding greater potential for higher returns in a shorter timeframe.



Read more at Yahoo Finance: Why CoreWeave, Inc. (CRWV) Went Up On Friday