Key Takeaways
- CoreWeave shares extended a recent rally into Wednesday morning, after gaining 25% in Tuesday's session.
- The AI cloud provider announced an agreement to lease data center space from Applied Digital earlier this week.
- CoreWeave shares have roughly tripled in value over the last month.
Shares of CoreWeave (CRWV) extended their recent rally into Wednesday morning after 澳洲幸运5开奖号码历史查询:closing at a record $150.48 on Tuesday.
The stock surged 25% Tuesday, a day after the 澳洲幸运5开奖号码历史查询:announcement of an agreement to lease data center space from Applied Digital (APLD). The companies, both backed by AI giant Nvidia (NVDA), said Monday that CoreWeave has signed a pair of 15-year deꦚals to lease the space at Applied Digital's North Dakota faci🐬lity for about $7 billion in total.
CoreWeave debuted on the market near the end of March, trading 澳洲幸运5开奖号码历史查询:around its IPO price until its 澳洲幸运5开奖号码历史查询:first earnings report in mid-May, when the AI cloud provider 澳洲幸运5开奖号码历史查询:started to rally. Shares have roughly tripled in value over the last month, going from a May 2 close of $51.57 ending Tues🌞day's session over $150.
CoreWeave 🐭shares were up 1% in early trading Wednesday to $153.