CoreWeave’s $9 billion all-stock deal to acquire Core Scientific sent shares lower as analysts raised concerns over profitability and lingering crypto market volatility.

CoreWeave has completed its $9 billion acquisition of Core Scientific, gaining major data center power for AI and HPC workloads while eyeing crypto asset divestment.

Core Scientific stock drops 25% after CoreWeave all-stock buyout announcement, reflecting investor fears over valuation risks ...

CoreWeave, advised by Goldman Sachs, provides access to data centres and Nvidia-powered AI chips, with a current market value of about $79 billion, according to data compiled by Reuters.

CoreWeave is buying Core Scientific at a share ratio that values the company at $9.0 billion, or $20.40 per share, based on CoreWeave’s closing price of $165.20 on Thursday.

CoreWeave (NASDAQ: CRWV), an AI infrastructure provider, recently announced its Q1 results, reporting a loss of $1.49 per share on revenue of $982 million. This exceeded market expectations of ...

CoreWeave had scaled back its IPO offering due to a continued sell-off in the broader stock market. The company sold 37.5 million shares, raising about $1.5 billion at a $23 billion valuation. It ...

Shares of artificial intelligence (AI) neocloud CoreWeave (NASDAQ: CRWV) rocketed 46.5% in June, according to data from S&P Global Market Intelligence.

CoreWeave: I See Massive Growth Ahead Amid Market Under-Appreciation Mar. 31, 2025 9:38 PM ET CoreWeave, Inc. (CRWV) Stock NVDA , MSFT , NVDA:CA , MSFT:CA , CRWV 36 Comments Oliver Rodzianko ...

But CoreWeave’s 2024 revenues imply a market share of 0.58% in 2024’s cloud market, which, according to Synergy Research, totaled $330B in industry revenues, up 22% y/y.

The market for initial public markets has basically been frozen for three years. And CoreWeave’s recent IPO has done nothing to change the dynamic, suggesting 2025 could be another IPO bust.

CoreWeave Inc. (NASDAQ: CRWV) shares are trading higher Tuesday, extending gains after the company entered into a major long-term infrastructure agreement with Applied Digital Corp (NASDAQ:APLD).