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Meta's Cloud Move Sparks CoreWeave Selloff; NVIDIA Demand Stays Strong

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Analyst defends CoreWeave with $250 target despite 35% Meta-driven selloff, citing contract protections and $99B backlog.
  • Peers Nebius and IREN surged while CRWV lagged, though balance sheet risks remain significant.
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META price history

648.03 +5.98% over the displayed period

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