CoreWeave’s 50% Plunge Sparks AI Bubble Debate
CoreWeave (CRWV) shares have halved from their peak, igniting Wall Street's debate about AI valuations. The cloud infrastructure provider's staggering decline—described by analysts as a 'fall from grace'—mirrors growing skepticism toward overheated AI equities.
Once a darling of the AI infrastructure boom, CoreWeave now serves as a litmus test for market sentiment. The Motley Fool notes opportunistic investors are circling at these levels, while the WSJ warns of broader sector fragility.
Market technicians observe no immediate support levels until $12.50, a further 20% downside from current prices. 'This isn't just a correction—it's a reality check,' remarked Bernstein's cloud computing analyst.