Nvidia, CoreWeave and IPO
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CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
Analysts break down initial thoughts on the CoreWeave IPO, which priced below an anticipated range after its IPO.
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Tesla slumps ahead of the release of first-quarter deliveries later this week, and big tech stocks such as Nvidia and Palantir tumble on the last trading day of the quarter.
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
Nvidia Corporation (NASDAQ: NVDA) dropped 3.66% during the Monday pre-market trading session following CoreWeave's disappointing IPO and uncertainty surrounding President Donald Trump's 'Liberation Day' on April 2.