Coreweave
CoreWeave collapse sparks fears of cracks in AI infrastructure boom
Bitcoin miners who pivoted business plans to high-performance computing benefitted greatly this year, but have seen sharp declines of late.
CoreWeave Stock Falls 8% on $2B Convertible Debt Offering
Though remaining sharply higher than their IPO price, shares have struggled over the past six months, losing 50%.
CoreWeave Shares Drop 9% on Weak Outlook and Data Center Delays, Core Scientific Fallout
CoreWeave share price falls below $100 for the first time since September after Q4 warning and lingering pressure from the failed Core Scientific deal.
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
The bitcoin miner turned AI infrastructure play has more than 50% upside, said the bank.
Core Scientific Stock Gains 5% After $9B CoreWeave Merger Rejected
The widely-panned takeover attempt failed a shareholder vote on Thursday.
Core Scientific Holders Poised to Reject CoreWeave Merger, Jefferies Says
The bank said investors are likely to vote down the deal on Oct. 30, betting Core Scientific can create more value on its own.
Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright
The investment bank upgraded the stock to buy from neutral and set a new price target of $25.
Galaxy Digital Says Helios a ‘Gold Rush,’ Reveals Q3 Revenue Beat and Client Growth
Galaxy COO Chris Ferraro touted disciplined execution and Galaxy One’s appeal to high-net-worth clients; execs say funding efficiency will drive long-term profitability.
CoreWeave CEO Stands Firm on $9B Core Scientific Offer as Shareholder Opposition Mounts
Michael Intrator calls the deal a “nice to have” as ISS and major investors urge shareholders to reject the proposed acquisition.
CoreWeave Has No Plans to Boost Price in Core Scientific Takeover Battle
The company calls its offer for CORZ “best and final” as it counters hedge fund criticism and urges investors to back the deal.
