Is it Time to Buy the Dip in CoreWeave Stock?
As an AI cloud provider that has been backed by investments from Nvidia (NVDA) , CoreWeave (CRWV) stock is still up an impressive +90% since launching its IPO earlier in the year.That said, CRWV has slid more than 50% from its high of $187 a share as investors have become concerned over CoreWeave’s slowing growth, heavy debt, and weaker-than-expected guidance. Needless to say, this has drawn attention to the notion that the AI boom may be peaking, at least for CoreWeave.Image Source: Zacks Investment Resea ...