CoreWeave (CRWV) Stock News

CoreWeave short sellers booked $806 million paper profit on Wednesday's 15.5% drop - Ortex data.

CoreWeave shares reversed earlier losses and were last up 2.7%. The stock had fallen to its lowest since May 2025 earlier in the session. No catalyst was cited for the reversal.

Deutsche Bank maintained its Buy rating on CoreWeave with a $150 price target, implying 128% upside. Shares fell over 15% but the bank sees no fundamental reason for the drop. Analysts highlighted AI infrastructure demand and partnerships with Nvidia, Dell, Meta, and OpenAI.

Mizuho reduced its price target for CRWV from $115 to $88.

CoreWeave (CRWV) announced a 240 MW AI data center expansion in Navi Mumbai through a partnership with AdaniConneX. First phase expected mid-2028. The company will deploy NVIDIA Vera Rubin and hire locally.

CoreWeave launched the CoreWeave Partner Network, a curated set of technology partners with integrations validated on its cloud platform. Initial partners include CrowdStrike, VAST Data, Reflection, and ClickHouse.

CoreWeave Forge is a development layer for teams building and improving models and agents. It runs the entire AI loop in one connected environment and is open across models, frameworks, and other clouds. MasterClass and Canva are already building on it.

CoreWeave is the only provider to achieve Platinum in all three ClusterMAX evaluations. SemiAnalysis uses CoreWeave as a benchmark for the industry. The rating covers performance, reliability, and scalability for AI workloads.

CoreWeave increases convertible note offering to $3.7 billion.

CoreWeave connected hundreds of NVIDIA Rubin GPUs into a single scale-out cluster. The deployment signals accelerating demand for next-generation AI infrastructure and reinforces NVIDIA's data center dominance.

Michael Burry said he is covering part of his short positions and reducing the size of his bearish bets on Nvidia and CoreWeave, according to a post from. The statement signals a partial retreat from downside bets on the two AI-linked stocks.

Goldman Sachs is preparing a roughly $1.15 billion junk bond to finance a Virginia data center leased to CoreWeave. The deal is expected in September.

CoreWeave ended Q2 with a $104.2B revenue backlog, up 246% YoY. The company said that figure excludes over $25B in net new customer commitments added in early Q3. The disclosure follows CoreWeave's Q2 earnings beat earlier today.