$CoreWeave, Inc.(CRWV)$ Amazon is down on its Christmas sales forecast, Google is down on ad revenue, but both are doing well in cloud. Intel is just Intel, pushing old PC chips nobody wants. Zero bad news for CoreWeave.
$CoreWeave, Inc.(CRWV)$ This looks like an unrelated overreaction. Algos are trading this the same way across the board. The flush already happened. There could be a surprise coming tomorrow.
$CoreWeave, Inc.(CRWV)$ Once all this noise settles, I think I'm going to pick this one up. Kind of a nod to the CoreWeave crowd. Their colors, 2027. Nothing is going to stop CRWV. They'll open data centers all over the world, and they keep signing deals. I guess all the bears are 100% wrong. Or maybe the bulls are wrong. I'm betting on the bulls. 2027 could bring a convertible.
$CoreWeave, Inc.(CRWV)$ Good news here. Management formally terminated the 35 million share equity distribution facility on October 23, 2026, meaning it was completely wiped off the table without a single share being sold into the open market.
$CoreWeave, Inc.(CRWV)$ Three months ago, if I had said we'd see a bunch of people turning bullish after breaking into 61, most would have dismissed it.
$CoreWeave, Inc.(CRWV)$ Their current revenue stream supports the debt. They're taking out debt to go after the total addressable market. This is a market leader.
$CoreWeave, Inc.(CRWV)$ Dropped 15% yesterday after some of its bonds briefly yielded 15%. That looks like a financing scare, not a broken business. $104B backlog, BofA and Deutsche kept their Buys, and Jensen says it's getting stronger. Most neoclouds won't survive. CRWV will.