Why Did CoreWeave Stock Soar 14.7% This Week?

Core View - CoreWeave's stock has increased by 14.7% this week, outperforming the S&P 500 and Nasdaq-100, which rose by 1.1% and 1.6% respectively [1] Major Deal - CoreWeave has signed a significant deal with Meta Platforms worth up to $14.2 billion, lasting approximately six years until December 14, 2031, with an option for Meta to expand its commitment through 2032 [2] Market Demand - The company's stock is also buoyed by comments from Microsoft's CTO regarding a critical shortage of AI computing capacity, indicating that the demand for AI infrastructure remains extremely high, which is essential for CoreWeave's growth [3]