CoreWeave stock slips — CEO explains why
Fox Business Alert. Arguably the stock story of the day is Coreweave. Despite reporting better than expected third quarter results, try 134% spike in sales year-over-year, shares are tanking about 16%.The firm is an AI infrastructure provider that outfits data centers with servers that are jam-packed with NVIDIA chips for companies including the hyperscalers in the AI race, Microsoft, Meta, and OpenAI among a whole bunch of others. But why is the stock down. Well, Cororeweave lowered the top end of its full ...