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CoreWeave Trading Volume Drops 52.83% to $685 Million Ranking 245th in Market

Market BriefFriday, Apr 4, 2025 8:09 pm ET
1min read

CoreWeave(CRWV) on April 4, 2025, saw a trading volume of $685 million, a 52.83% decrease from the previous day, ranking 245th in the day's stock market. The stock price fell by 11.12%, marking the second consecutive day of decline, with a total decrease of 22.07% over the past two days.

CoreWeave is in advanced discussions with google to lease Nvidia's Blackwell chips for AI operations. This move underscores the increasing demand for AI computing resources in the market. Additionally, coreweave has recently secured a 5-year, $12 billion deal with OpenAI to support its expanding AI infrastructure needs. These developments highlight CoreWeave's strategic positioning in the AI sector and its potential to attract significant investments and partnerships.

Ask Aime: What impact will CoreWeave's AI chip deal and recent market performance have on its stock value?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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