Why AI Stock CoreWeave Surged 21% Higher Today
From Nasdaq.: 2025-05-27 18:07:00
CoreWeave (NASDAQ: CRWV) stock saw a 21% increase on Tuesday, outperforming the S&P 500 index. The company, focused on high-end artificial intelligence capabilities, is a partner of Nvidia. CoreWeave faced delays due to technical challenges affecting Nvidia’s production of AI data center racks, but announced a new hire for government affairs. Despite a recommendation downgrade from Barclays, CoreWeave’s business is growing. While the stock may be expensive, quality stocks can offer long-term value. Investors should consider the potential for growth in CoreWeave based on the company’s current trajectory.
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