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CoreWeave Purchases Core Scientific

Insider Monkey on MSN · 1h

Core Scientific (CRWV) Drops 17.6% on All-Stock Merger Deal

CoreWeave (NASDAQ: CRWV) is one of the 10 Stocks Crash Hard Alongside Wall Street. Core Scientific snapped an eight-day winning streak on Monday, losing 17.61 percent to close at $14.83 as investors disposed of positions following news that it was being acquired by CoreWeave (NASDAQ: CRWV) for $9 billion.

MarketWatch on MSN · 23h

Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping

The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential.

Seeking Alpha on MSN · 8h

CoreWeave, Core Scientific see rating cuts after acquisition announcement

CoreWeave (NASDAQ:CRWV) saw its rating cut at several brokerage firms after the company announced on Monday that it was acquiring Core Scientific (NASDAQ:CORZ) in an all-stock deal implying a total equity value of about $9B.

RCR Wireless News5h

CoreWeave to buy Core Scientific in $9B all-stock deal

CoreWeave expects to generate significant cost savings through streamlining business operations and eliminating lease ...

7hon MSN

Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria

Gil Luria, DA Davidson head of technology research, joins 'Squawk Box' to discuss the latest deal between CoreWeave and Core ...

23hon MSN

These Stocks Are Moving the Most Today: Tesla, Nvidia, Core Scientific, WNS, Netflix, Shell, and More

Tesla shares fall as CEO Elon Musk says he plans to form a new political party after reigniting a feud with President Donald ...

Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range

The deal aligns with CoreWeave's post-IPO growth strategy, leveraging its strong equity position to drive large-scale M&A, ...

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