CoreWeave Stock News

The artificial intelligence (AI) industry is booming, presenting great investment opportunities. Two prominent AI businesses to consider investing in are newcomer CoreWeave (CRWV 3.95%), which had its initial public offering (IPO) on March 28, and veteran Nvidia (NVDA -0.99%).

Adding around $10 billion in market capitalization in less than a week amounts to a not-too-shabby few days at the office for the recently public company CoreWeave NASDAQ: CRWV. From May 14 to May 19, the stock gained over 28%.

Insiders at American artificial intelligence (AI) startup CoreWeave (NASDAQ: CRWV) have been on a selling spree over the past three months, just as the company became a key player of semiconductor giant Nvidia (NASDAQ: NVDA).

LIVINGSTON, N.J. , May 19, 2025  /PRNewswire/ -- CoreWeave, Inc. (Nasdaq: CRWV) ("CoreWeave") announced today that it intends, subject to market and other customary conditions, to offer $1,500 million aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering.

CoreWeave stock price has surged to a record high as investors cheer the recent earnings and its continued growth. It jumped to a high of $83.97 on Friday, up by 150% from its lowest level this year.

Shares of artificial intelligence (AI) "neocloud" company and recent IPO CoreWeave (CRWV 22.09%) rocketed higher Friday morning, increasing as much as 26.3% on the day, before settling into a 22.5% gain as of 1:15 p.m. ET.

CoreWeave shares rocketed higher on Friday after the artificial intelligence cloud provider disclosed that Nvidia owns about 7% of the company. Earlier this week, CoreWeave reported 420% revenue growth, surpassing analysts' estimates.

CoreWeave has seen impressive growth in the first quarter of 2025, comforting after a tough public offering. While growth is delivered upon, the company has returned to post substantial operating losses. Capital spending is set to boom this year, as I continue to have concerns on the strength of the business model.