CoreWeave: IPO Stumble Out Of Nasdaq Rodeo Chute May Be An Opportunity

Bull & Bear Trading
3.42K Followers
(30min)

Summary

  • CoreWeave's stock movement is linked to OpenAI's $40B funding from SoftBank and new AI benchmarks with Nvidia chips.
  • Despite current market setbacks, the AI bull market remains intact, with CoreWeave benefiting from AI sector positioning.
  • CoreWeave's IPO debut at $40 per share, backed by Nvidia, offers a long-term bullish outlook despite short-term volatility.
  • Private equity's impact on IPOs has diminished retail investor success, but CoreWeave's smart management and discounted entry price present opportunities.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange

Michael M. Santiago/Getty Images News

CoreWeave's (NASDAQ:CRWV) recent IPO stumble out of the Nasdaq rodeo chute for bucking bulls, combined with current market volatility, may have created an opportunity for long-term investors. The company intended to price its

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3.42K Followers
Bull & Bear Trading became a stockbroker in 1986 working with NYSE-member Oppenheimer & Co. He later formed his own firm, and managed a hedge fund with a modest amount of AUM during the dotcom boom. A veteran of several major tech innovation cycles, starting with the PC Tech Revolution of the 1980s, he has learned that these cycles can become major, multi-year, wealth creation events. Bringing over 35 years of stock market experience, this veteran hopes to contribute value to the discussion of the AI Tech Revolution, which may dwarf previous tech bull market cycles. Sharing idea flow on AI & Tech stocks for the benefit of our community is the goal.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CRWV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

CoreWeave benefits from the catalyst of the AI bull market. NVIDIA is a powerful partner for CoreWeave. RPO revenue model strategy is excellent.

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