US Stock Market Move | CoreWeave (CRWV.US) gained nearly 6% after winning another $4 billion big order. The stock price doubled in less than 2 months since going public.
CoreWeave (CRWV.US) rose by nearly 6%, hitting a new high since its IPO, with its stock price doubling in less than 2 months, reaching $85.01.
On Monday, CoreWeave (CRWV.US) rose nearly 6% again, hitting a new high since its listing, with the stock price doubling in less than 2 months, closing at $85.01. In terms of news, on May 15, according to reports, CoreWeave reached another agreement worth $4 billion with OpenAI, lasting until 2029, aimed at providing additional cloud computing capabilities. Additionally, as of the end of March 2025, NVIDIA Corporation holds nearly $900 million worth of CoreWeave shares, with a 7% stake.
When interviewed, CEO Michael Intrator said: "The demand for our products is truly insatiable, and in order to meet this demand, CoreWeave is accelerating its investment plan, with total spending reaching $23 billion this year."
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