CoreWeave Shares Dip Amid Analyst Caution Over Nvidia Rubin Expansion
CoreWeave Inc. (CRWV) shares fell nearly 1% to $77.18 as analysts flagged concerns over leverage and aggressive spending in its AI infrastructure push. The stock's intraday volatility—ranging from $75.75 to $79.94—reflects its high-beta positioning in the AI sector.
Early access to Nvidia's Rubin platform offers growth potential but introduces execution risks. CEO Michael Intrator called Rubin "a critical advancement" for next-gen AI applications, though liquidity concerns persist following insider share sales and revised credit agreements.
Market participants await upcoming earnings for clarity on customer demand and capital allocation. The after-hours rebound to $77.74 suggests tentative optimism, but debt levels remain a key overhang.