2 hours ago
CoreWeave (CRWV) Stock Reverses Losses Despite Mounting Debt Pressure
TLDR CRWV stock surged nearly 10% within 45 minutes after falling to a 17-month low. CoreWeave reportedly raised hourly GPU prices by another 10%, following July’s 25% increase. Goldman Sachs upgraded CoreWeave to Buy despite reducing its price target to $106. CoreWeave faces continued scrutiny over borrowing costs as some bond yields exceed 15%. CoreWeave [...]
The post CoreWeave (CRWV) Stock Reverses Losses Despite Mounting Debt Pressure appeared first on Blockonomi.
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