CoreWeave, Inc. (CRWV)
Summary
CoreWeave's stock suffers another long losing streak. Here's what's driving the selling.
Higher interest rates may be a problem for the AI-native cloud provider given its “unusually high exposure to debt financing,” one analyst says.
AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
AI cloud computing company CoreWeave is exploring the use of financial derivatives as a potential hedge against a future drop in memory and storage chip prices, according to a person familiar with the matter.
CoreWeave's Biggest Fear Looks Overdone
CoreWeave's $3.1 billion HPC-backed financing attracted approximately $19 billion of demand, reinforcing institutional confidence in AI infrastructure financing. First-quarter operating cash flow reached $3.0 billion despite $6.8 billion of CapEx, supported by 71.7% gross margins and a $99.4 billion backlog. Meta Compute triggered a 14% selloff, but CoreWeave's $21 billion take-or-pay agreement protects contracted revenue through 2032.
CoreWeave, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 7,130 | $716,514.17 | $546,657.1 | -$169,857.07 | -23.71% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 4,885 | $629,368.02 | $374,532.95 | -$254,835.07 | -40.49% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 462 | $56,116.39 | $35,421.54 | -$20,694.85 | -36.88% |
| CE Curtis Ellergodt Rothschild Investment LLC | 215 | $29,449.3 | $16,484.05 | -$12,965.25 | -44.03% |
 Means Investment Company Means Investment Company Inc. | 11,487 | $867,231.41 | $880,708.29 | $13,476.88 | 1.55% |
CoreWeave, Inc. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Brent Thill Jefferies | 576.31 | $64,068.99 | $42,635.03 | -$21,433.96 | -33.45% |
CoreWeave, Inc. (CRWV) FAQ
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CoreWeave, Inc. Profile
| Transportation Infrastructure Industry | Industrials Sector | Michael N. Intrator CEO | NASDAQ (NGS) Exchange | 21873S108 CUSIP |
| US Country | 2,189 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
CoreWeave, Inc. operates a specialized cloud platform tailored for scaling, supporting, and expediting generative AI workloads for enterprises. The company provides critical infrastructure for compute-intensive tasks, facilitating advanced technology application in businesses across various scales, from startups to large enterprises. Established in 2017 and based in Livingston, New Jersey, CoreWeave plays an instrumental role in the AI cloud infrastructure market, enabling reliable production workloads and optimal cluster utilization for AI pioneers. With a robust Kubernetes-native environment, CoreWeave ensures high-performance computing, flexible storage options, strong networking capabilities, and effective cluster health management, making it an essential partner in AI innovation.
Products and Services
- GPU Compute: High-performance graphics processing units designed to accelerate AI workloads, particularly in tasks like deep learning and complex simulations.
- CPU Compute: Scalable and flexible compute solutions utilizing advanced processors for a variety of computing needs, ensuring efficiency in both general and specialized workloads.
- Storage Services: Comprehensive storage solutions that cater to the demands of AI applications, facilitating fast access and retrieval of large datasets crucial for training and inference processes.
- Networking: Robust networking capabilities that enhance the connectivity and communication between clusters, vital for maintaining high throughput and low latency in data transactions.
- Managed Services: Comprehensive management of infrastructure and services to allow enterprises to focus on their AI development, with expert support for deployment and maintenance.
- Virtual and Bare Metal Servers: Offerings that provide both virtualized and physical server environments, catering to diverse workloads and operational preferences.
- Fleet Lifecycle Controller: An advanced tool designed to manage and optimize the lifecycle of GPU and CPU resources, ensuring efficiency and cost-effectiveness during usage.
- Node Lifecycle Controller: Facilitates the management and orchestration of individual compute nodes, contributing to the seamless operation of large-scale AI clusters.
- Tensorizer: A specialized tool aimed at enhancing tensor operations, particularly for machine learning models, optimizing performance during training and inference stages.
- Observability Features: Advanced monitoring tools providing insights into resource utilization and performance, crucial for proactive management and troubleshooting.
- VFX and Rendering Services: Tailored solutions for visual effects and rendering tasks, meeting the high demands of creative industries utilizing AI technology.
- AI Model Training: Services designed to support the training of AI models efficiently and securely, utilizing scalable compute resources tailored for intensive computational needs.
- AI Inference: Solutions that ensure rapid and accurate conclusions based on trained AI models, allowing real-time application in various domains.
- Mission Control: A management interface providing oversight and control of AI workloads, enhancing operational efficiencies and resource management.
- Dataset Optimization Tool: A product aimed at assisting machine-learning developers in optimizing datasets, streamlining the process of data preparation and enhancing model performance.
