CoreWeave's $9 Billion Power Play for Core Scientific

CoreWeave TodayCRWVCoreWeave$159.70 -5.50 (-3.33%) 52-Week Range$33.51▼$187.00Price Target$65.00Add to WatchlistAI infrastructure leader CoreWeave, Inc. NASDAQ: CRWV has announced a $9.0 billion, all-stock deal to buy data center operator Core Scientific, Inc. NASDAQ: CORZ. The market reacted with immediate skepticism, and CoreWeave’s stock price declined following the news. Investors were clearly concerned that their ownership would be diluted or spread across more shares and that merging the two companie ...