Sentiment: Negative
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CoreWeave (CRWV) Stock Slips 11% After AI Selloff as Cathie Wood Buys $12.9M Stake
By Newton Kitonga at 2026-05-11 05:13
Sentiment: Negative
TLDRs; CoreWeave fell 11% in an AI selloff despite strong long-term infrastructure demand outlook. Cathie Wood’s ARK Invest bought $12.9M worth of CoreWeave shares during the dip. Wells Fargo raised price target to $155 but flagged weak near-term revenue guidance concerns. Investors weigh massive backlog and growth against heavy losses and aggressive capital spending. CoreWeave [...] The post CoreWeave (CRWV) Stock Slips 11% After AI Selloff as Cathie Wood Buys $12.9M Stake appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #Ark Invest #Cathie Wood #CoreWeave Stock #Wells Fargo forecast
Source Coin Central