CoreWeave Stock Soars on $14 Billion Meta Deal -- Wall Street Says the Nvidia-Backed AI Stock Is Still a Buy

CoreWeave shares surged after the company announced a deal with Meta Platforms, but most Wall Street analysts expect the stock to move even higher.A regulatory filing made September 30 shows neocloud CoreWeave (CRWV 0.15%) signed a deal to provide Meta Platforms with $14.2 billion in computing power through 2031, with an option to extend through 2032. The deal will furnish Meta with access to Nvidia GB300 NVL72 systems, the very bleeding edge of artificial intelligence (AI) infrastructure.Meta has been a Co ...