CoreWeave Stock Slides After $3.5 Billion Convertible Plan and 35 Million-Share Program
CoreWeave announced $3B convertibles due 2033, a $500M greenshoe, and a 35M-share ATM. The stock fell on leverage and dilution worries.
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Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
Anthropic Signs Reported $35 Billion Cloud Deal With Nvidia-Backed Lambda
Lambda, backed by Nvidia, has a reported $35B agreement to supply Anthropic with GPU compute at Hut 8’s Nueces County data center in Texas.
CoreWeave Q2 Revenue More Than Doubles to $2.58 Billion as AI Demand Hits Inflection Point
CoreWeave raises full-year guidance and CapEx to $35-39B after Q2, with revenue backlog hitting $104.2B amid strong AI demand.
Bloom Energy, CoreWeave & Nebius Soar as Fund Margin Calls Ease
Bloom Energy, CoreWeave, and Nebius rebound as Microsoft’s 43% Azure growth and Mizuho/Truist Buy upgrades help ease AI fund margin-call selling pressure.
SpaceX in Advanced Talks with Pentagon for Multi-Billion Dollar AI Computing Deal
Preliminary discussions are underway as SpaceX expands its AI infrastructure push.