CoreWeave receives Reduce rating due to overreliance on Microsoft, Nvidia: HSBC

3 hours ago 1

Tech
On the Move

Comments

Shot of Data Center With Multiple Rows of Fully Operational Server Racks. Modern Telecommunications,Data center cooling,server room,3d rendering

CoreWeave (NASDAQ:CRWV) received a Reduce rating and a meager $32 price target by HSBC Global Research due to relatively low returns, a lack of differentiation and an overreliance on Microsoft (NASDAQ:MSFT) and Nvidia (NASDAQ:NVDA).

CoreWeave shares dropped 7.5% by the

Recommended For You

More Trending News

Read Entire Article

CoreWeave receives Reduce rating due to overreliance on Microsoft, Nvidia: HSBC

Recommended For You

More Trending News

Related

Amazon’s AWS has joined the AI agent craze. Now the real wor...

Nouveau Monde Graphite, Northern Graphite surge as U.S. set ...

Great Southern Bancorp signals margin stability and capital ...

Snap-on sees improving Tools Group momentum and resilient ma...

FTC reverses orders barring John Hess from Chevron board, Sh...

Google digital advertising trial delayed in Texas

A CEO was caught hugging his chief product officer during a ...

Here are the major earnings before the open tomorrow

Gold edges lower on stronger dollar, easing fears of Powell ...

The first skydiver to break the speed of sound has died in a...

‘He really turned the tide’: Oyster people cheer La. Gov. ca...

Trump said to broaden 401(k) access to crypto investments

ClearSign files $50M mixed securities shelf

Where’s the beef? Hamburger inflation is running at 12% as A...

GE Aerospace snaps six straight sessions of gains

FOXO Technologies announces reverse stock split

Hyliion secures $1.5M contract from U.S. Navy

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.375...

Nike files automatic mixed securities shelf

Rezolute files to sell 1.3M shares of common stock for holde...

Trending

Popular

بانک مرکزی: بابک زنجانی مجوز فعالیت اقتصادی ندارد

پنج مصدوم براثر تصادف پراید با دیوار در گنبدکاووس