CoreWeave, Inc. (CRWV) saw its shares plummet 7.83% during Thursday's intraday trading session, reflecting heightened investor concerns in the AI sector.
The decline followed Oracle's warning of a $15 billion increase in capital expenditures for fiscal 2026, which reignited fears of an AI bubble and triggered a broad selloff in AI-related stocks. CoreWeave, alongside peers like Nvidia and Microsoft, faced downward pressure as investors questioned the timeline for returns on massive AI investments.
Additionally, filings revealing significant insider share disposals by CoreWeave executives further dampened sentiment. The combination of sector-wide jitters and insider selling activity contributed to the stock's sharp decline.
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