Core Viewpoint - CoreWeave, Inc. (CRWV) is set to integrate NVIDIA's Rubin technology into its AI cloud platform, aiming to be among the first cloud providers to deploy this technology in the second half of 2026, thereby enhancing its position in agentic AI and large-scale inference workloads [1][8] Group 1: Technology Integration and Capabilities - The integration of NVIDIA Rubin will provide customers with a broader performance spectrum, allowing for scaling from training to inference and supporting both experimental and mission-critical AI deployments [2] - CoreWeave's platform is powered by a custom-built software stack that enhances integration timelines while ensuring high performance and reliability, with Mission Control at its core for real-time diagnostics [3] - The Rack Lifecycle Controller, a Kubernetes-native orchestrator, manages power delivery, liquid cooling, and high-speed networking, treating an entire NVIDIA Vera Rubin NVL72 rack as a single programmable entity [4] Group 2: Competitive Positioning - By combining Rubin's capabilities with its software stack, CoreWeave offers large-scale training, high-performance inference, and low-latency AI deployment, positioning itself as a specialized AI cloud provider against competitors like Microsoft and Nebius Group N.V. [5] - Nebius Group is expanding its capacity to meet surging AI demand, targeting $7–$9 billion in annual recurring revenue (ARR) by the end of 2026, while Microsoft plans to increase its AI capacity by over 80% [6][7] Group 3: Financial Performance and Market Position - CoreWeave's shares have increased by 92.1% over the past year, significantly outperforming the Internet Software industry's growth of 0.8% [10] - The Zacks Consensus Estimate for CoreWeave's earnings has been revised upward over the past 60 days, indicating positive market sentiment [13]

Core Insights - Nvidia has significant equity stakes in CoreWeave and Arm Holdings, with 91% of its equity portfolio allocated to these two AI stocks as of September 2025 [2] - CoreWeave accounts for 86% of Nvidia's portfolio, focusing on cloud computing services tailored for AI and compute-intensive workloads [4][2] - Arm Holdings represents 5% of Nvidia's portfolio, specializing in CPU design and licensing intellectual property for custom chip development [10][2] CoreWeave Overview - CoreWeave's data centers are purpose-built for AI, outperforming traditional data centers in handling power, memory, and heat generated by GPUs [4] - The company has achieved record-breaking results in MLPerf benchmarks, ranking it as the best AI cloud provider, surpassing major competitors like Amazon and Microsoft [5][6] - In Q3, CoreWeave reported a 134% revenue increase to $1.4 billion and a 121% rise in adjusted EBITDA to $838 million, with a revenue backlog growing 271% to $55.6 billion [7] - CoreWeave's stock trades at 7.7 times sales, with projected revenue growth of 82% annually through 2027, and a median target price of $125 per share indicating a 58% upside from its current price of $79 [8] Arm Holdings Overview - Arm's CPUs are known for their power efficiency, holding a 99% market share in smartphone chips and gaining market share in data centers due to cost-effective AI solutions [11][13] - The company has a compelling business model by licensing its architecture, attracting major clients like Apple, Amazon, and Microsoft [12] - Arm's adjusted earnings grew 30% in the last quarter, with expectations for a 23% annual increase through March 2027, despite a high current valuation of 68 times earnings [14] - Analysts project a median target price of $180 per share for Arm, suggesting a 57% upside from its current price of $115 [15]

Core View - Coreweave (CRWV.US) shares rose over 2% pre-market, reaching $78.44, following the announcement from NVIDIA CEO Jensen Huang at CES regarding the full-scale production of the new flagship AI computing platform, Vera Rubin [1] Company Developments - CoreWeave announced the integration of NVIDIA's Rubin technology into its AI cloud platform, aimed at expanding options for clients developing intelligent agent AI, inference, and large-scale inference workloads [1] - The company expects to be one of the first cloud service providers to deploy the NVIDIA Rubin platform in the second half of 2026 [1] Analyst Ratings - D.A. Davidson upgraded CoreWeave's rating from "underperform" to "neutral," significantly raising the target price from $36 to $68, indicating that the stock price may benefit from the substantial financing actions of its client, OpenAI [1]

Core Viewpoint - CoreWeave, Inc. announced the integration of NVIDIA Rubin technology into its AI cloud platform, enhancing its offerings for customers focused on agentic AI, reasoning, and large-scale inference workloads [1] Group 1: Company Developments - CoreWeave is expected to be one of the first cloud providers to implement the NVIDIA Rubin platform in the second half of 2026, which will provide customers with increased flexibility and choice [1]

Core View - DA Davidson upgraded CoreWeave from Underperform to Neutral and raised its price target to $68.00 from $36.00 after shares rose more than 2% intraday on Monday [1] - The firm believes that the equity value in CoreWeave could ultimately be wiped out, as the enterprise's value is largely accruing to debt holders [1] OpenAI Fundraising Impact - A successful $100 billion fundraising by OpenAI could enable it to meet its 2026 commitments, including those involving CoreWeave, potentially delaying near-term pressure on the company [2] - However, this does not change the long-term value destruction inherent in CoreWeave's business model [2] Risks of Fundraising Shortfall - If OpenAI's fundraising effort falls materially short of the $100 billion target by the end of March, CoreWeave's equity value could deteriorate rapidly [3] - DA Davidson continues to advise investors to avoid the stock over the long term [3] Valuation Methodology - The new $68 price target is based on 1x remaining performance obligations, consistent with current market approaches for valuing neocloud companies [4] - While the methodology is described as imperfect due to return and backlog risks, it allows justification for the higher target under internal ratings criteria [4]

Core Insights - The most-searched tickers for 2025 include SPDR S&P 500 ETF Trust, Tesla, and NVIDIA, with SPY ranking first, indicating a shift in investor interest compared to 2024 [2][9] - Palantir Technologies and Opendoor Technologies emerged as significant players, with Palantir moving up in rankings and Opendoor showing the highest percentage gain among the top tickers [10][12] - CoreWeave Inc, which went public in March 2025, gained substantial attention, finishing the year ranked ninth among the most-searched tickers [12] Ticker Performance - SPDR S&P 500 ETF Trust (SPY) had a year-end price of $681.92, with a return of +16.6% [3] - Tesla Inc (TSLA) ended the year at $449.72, returning +18.6% [3] - NVIDIA Corporation (NVDA) saw a year-end price of $186.50, with a return of +34.8% [3] - Palantir Technologies (PLTR) achieved a remarkable return of +136.4%, ending at $177.75 [3] - Opendoor Technologies (OPEN) had a year-end price of $5.83, with an impressive return of +264.4% [3] - Advanced Micro Devices (AMD) finished at $214.16, returning +77.5% [3] - Apple Inc (AAPL) ended the year at $271.86, with a return of +11.5% [3] - Invesco QQQ Trust (QQQ) had a year-end price of $614.31, returning +20.4% [5] - CoreWeave Inc (CRWV) ended at $71.61, with a return of +79.0% [5] - Amazon.com Inc (AMZN) finished at $230.82, returning +4.8% [5] Ranking Trends - The top three most-searched tickers for 2024 and the first half of 2025 remained consistent, with SPY rising to first place [9] - Palantir moved from seventh place in 2024 to fourth in 2025, indicating growing popularity among retail investors [10] - AMD maintained its sixth-place ranking from 2024, showing increased interest in the second half of 2025 [11] - Stocks like Meta Platforms and Rigetti Computing ranked just outside the top 10, indicating fluctuating interest levels [10][11] - Stocks that dropped out of the top 10 included Super Micro Computer and GameStop, suggesting a shift in retail investor preferences [13][14]

Core Points - CoreWeave Inc (NASDAQ:CRWV) shares increased by 1.3% to $80.31 following an upgrade from D.A. Davidson, which changed its rating from "underperform" to "neutral" and raised the price target from $36 to $68, attributing this to the company's recent cloud computing deals valued at $22.4 billion [1] - The stock ended a six-day losing streak and has a nine-month lead of 61%, but has struggled to surpass the $90 level despite a partnership with the U.S. Department of Energy [2] - There is potential for more upgrades as 14 out of 29 brokerages currently have a "hold" or worse recommendation, indicating that a shift in sentiment could provide additional support for the stock [2] - Short interest in CoreWeave has surged by 44.4% over the last two reporting periods, now representing 15.2% of the stock's total float, with a two-day timeframe required for shorts to cover their positions at the current trading pace [3] - Options for CoreWeave stock appear to be affordable, as indicated by a Schaeffer's Volatility Index (SVI) of 83%, which is higher than 87% of readings from the past year [3]

Core Viewpoint - CoreWeave, a leader in cloud AI computing power leasing, has revised a significant credit agreement to ease liquidity testing requirements, which has garnered attention in the stock market and resulted in a stock price increase of over 5% in pre-market trading [1] Group 1: Credit Agreement Revision - The revision of the DDTL 3.0 credit agreement aligns financing arrangements with the delivery timeline described by the parent company for the quarter ending September 30, 2025 [1] - Key changes in the First Amendment include lowering the minimum liquidity requirement to $100 million for payment dates between March 1, 2026, and May 1, 2026, and delaying the first testing dates for debt service coverage and contract achievement ratios to October 31, 2027, and February 28, 2026, respectively [1] - The amendment allows for unlimited equity cures for failing to meet financial covenants until October 28, 2026, after which it limits the use of equity cures to three months within any four-calendar-month period [1] Group 2: Market Implications - Analysts suggest that the revision signals short-term benefits by reducing liquidity thresholds and delaying key financial metric tests, which alleviates concerns about potential technical defaults or forced refinancing in early 2026 [2] - However, the need for more flexible covenants indicates that CoreWeave requires additional leeway during a period of high capital expenditure and delivery ramp-up in the AI infrastructure sector [2] Group 3: Company Background - CoreWeave is recognized as an early adopter of NVIDIA GPU cloud leasing, gaining favor from NVIDIA's venture capital arm and securing access to high-demand AI GPUs like the H100 and H200 [3] - The company became the first to deploy NVIDIA H200 Tensor Core GPUs in August 2023, enhancing its ability to provide powerful computing capabilities amid rising AI demand [3] Group 4: Service Offerings - CoreWeave specializes in providing high-end AI GPU clusters on a large scale, allowing users to access cloud-based AI computing resources for machine learning, deep learning, and inference workloads [4] - The global demand for AI computing resources is experiencing explosive growth, pushing the capacity of underlying infrastructure to its limits, despite ongoing expansions of large AI data centers [4] Group 5: Industry Trends - The recent launch of Google's Gemini3 AI application ecosystem has significantly increased AI computing demand, highlighting the ongoing supply-demand imbalance in AI infrastructure [5] - Strong demand for HBM storage systems and enterprise SSDs further confirms that the AI boom is still in the early stages of infrastructure development [5]

CoreWeave shares were rising early Monday after a known critic of the company upgraded the stock and raised its price target, citing an OpenAI fundraise would also benefit the cloud-tech company. ...

CoreWeave stock got an upgrade to Neutral from Underperform from D.A. Davidson analyst Gil Luria, a vocal critic of the company. ...