CoreWeave, Inc. Class A Common Stock (NASDAQ: CRWV) is currently trading around $140.34 per share. The stock is actively traded on the NASDAQ exchange with a market capitalization of approximately $72.75 billion. It has a year high of $187.00 and a year low of about $33.52. The stock recently saw a price increase of about 0.26% during the trading day, with a volume of 15.9 million shares traded.
CoreWeave specializes in cloud infrastructure, providing high-performance computing resources optimized for workloads like artificial intelligence, machine learning, visual effects, and batch processing. The company has been expanding its business with new AI-focused developer tools and has major contracts with companies like OpenAI and Meta, which have committed billions in expenditures for CoreWeave's infrastructure.
Notably, CoreWeave announced new AI tools for developers and a service that automates computing resource adjustments, improving efficiency and cost- effectiveness compared to traditional on-site GPU operations. This contributed to a recent 8.7% stock rally.
Summary of key stock details:
Attribute| Value
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Current Price| $140.34
Market Cap| $72.75 billion
Day Low/High| $136.49 / $141.74
52-Week Range| $33.52 - $187.00
Exchange| NASDAQ
Trading Volume (Day)| ~15.9 million shares
PE Ratio| -60.75 (negative)
Dividend Yield| 0.0%
CoreWeave is led by CEO Michael Intrator and is headquartered in Livingston, New Jersey. The stock has gained attention due to its role in high demand sectors like AI infrastructure and cloud computing.
If more specific financial metrics or stock performance data are needed, further details can be provided.
