Accumulating Coreweave on a Discount
"Now, turning to Coreweave, I would be more inclined to heavy dollar cost average if the price falls below 100, a medium approach between 100 to 115, and practically no new buying above 120. Coreweave has been executing very well with major deals from Meta and OpenAI, and its capacity expansion is unparalleled. It has a massive power base coming online and is positioned to build out the largest AI infrastructure. I believe in its long-term potential, envisioning it as a multibagger that could be valued at $200 billion in the next five years."
The speaker clearly outlines a structured approach to buying Coreweave, recommending heavy accumulation if the stock dips below $100 due to its strong market position and capacity expansion. He emphasizes the company's competitive advantages and long-term multibagger potential.
Coreweave Acquisition Pricing and Contract Debate
"For Coreweave, I think the market is going to react negative if the acquisition doesn't go through. But if they increase the price, it no longer justifies the rationale because you’re essentially raising billions to save only millions. At the end of the day, they already have massive contracts in place, so an elevated acquisition price would ruin the deal’s logic. Worst-case scenario, if the deal fails, Core Scientific shareholders could see their stock drop significantly over time. Conversely, if the acquisition goes through at the predefined price, it remains a multibagger opportunity over the long term."
The speakers discuss the potential impact of a Coreweave acquisition pricing adjustment, noting that an increased deal price would undermine the economic rationale of the acquisition and could result in a prolonged decrease in the stock’s value if the deal falls apart. However, if executed at the agreed price, it could yield long-term value.
CoreWeave Diversifies Customer Base, Drives Rally
"Let's go to CoreWeave, guys, cuz this one up 16 and a half% at its highs today, finishing the day with a gain of just shy of 12%. And one of the key points is that the stock rallied after signing a deal to supply Meta Platforms with as much as 14.2 billion dollars worth of computing power through December 2031, with an option to extend through 2032. This not only provides visibility but also diversifies CoreWeave away from Microsoft."
Discussion focused on CoreWeave, an IPO this year that has surged 273% year-to-date. The company’s recent deal with Meta Platforms has increased its visibility and diversified its customer base beyond Microsoft, contributing to its strong performance with a significant session gain.
CoreWeave Secures Major Contract With Meta
"Coreweave... this was one in the regular trade that also rallied in today's session. The stock finished the day up by 11.7%. Coreweave agreed to supply computing power to Meta platforms worth $14.2 billion and will provide access to the latest Nvidia chips."
CoreWeave experienced a significant rally, up 11.7% in today’s session, after securing a massive $14.2 billion contract with Meta, which includes supply of the newest Nvidia chips. Analysts view this development as a positive catalyst that diversifies its revenue base beyond its heavy reliance on Microsoft.
CoreWeave Secures $14.2 Billion Deal to Supply Computing Power
"This was one in the regular trade that also rallied in today's session. So the stock finished the day up by 11.7 percent. CoreWeave agreed to supply computing power to Meta Platforms worth of $14.2 billion. And of course, as a part of this agreement, CoreWeave will provide access to the latest NVIDIA's chips."
CoreWeave is benefiting from a major contract with Meta Platforms worth $14.2 billion, which includes access to the latest NVIDIA chips. This development not only boosted its share price by 11.7% in the session but also eases dependency on a single large customer, potentially reducing financing risks.
Corbeave's IPO Surge Fueled by AI Deal with Meta
"Corbeave, that's ticker CRWV. We're looking at shares that are higher... Up as much as 16 percent in trading today. And this, of course, is after it set up a deal here, 14 billion dollars with Meta. This, of course, highlights the demand for artificial intelligence."
Corbeave (CRWV) is experiencing a significant intraday surge of up to 16% following its IPO and a $14 billion deal with Meta. The deal is seen as a catalyst driven by heightened AI demand and diversification away from reliance on Microsoft.
CoreWeave Shows Mixed Signals Amid AI Cloud Hype
"Talking about the green, let's look at a company, CoreWeave, ticker CRWV, one of the best-performing IPOs of the year. The stock up more than 200% since pricing back in March. This is a company in the AI cloud computing space, partnered very closely with NVIDIA. ... the thing that's interesting with CoreWeave is, this is one of the most divisive stocks on Wall Street. 11 buys, 14 holds, 3 sells. So when you're seeing analysts coming out with kind of mixed views, a bull does kind of get a little bit of excitement going, but certainly this is a stock that is still down about $60 from its closing high back in June."
CoreWeave (CRWV), a notable player in the AI cloud computing sector and partnered with NVIDIA, has surged over 200% since its IPO pricing. However, its current price remains volatile, with mixed analyst ratings (11 buys, 14 holds, 3 sells) and a notable drop from its recent peak, highlighting uncertainty among investors.
CoreWeave (CRWV) IPO and Nvidia Contract Boost Outlook
"CoreWeave. An IPO this year. Ticker CRWV ... we saw shares that were up about 7.6% at market close ... NVIDIA has agreed to buy cloud services valued at $6.3 billion ... since the IPO, shares of CoreWeave are up about 201%."
The discussion underscores CoreWeave's strong market performance post-IPO, including a 7.6% rise at close and an impressive 201% year-to-date gain. The company has secured a significant $6.3 billion cloud services deal with NVIDIA, which, along with contracts from other hyperscalers, provides a positive catalyst and potential longevity for the business.