CoreWeave Stock Plunges 8.81% Amid AI Hype Fade

On August 13, 2025, CoreWeave's stock experienced a significant drop of 8.81% in pre-market trading, reflecting a notable shift in investor sentiment.

CoreWeave, a company known for its AI cloud services, has seen a substantial decline in its stock value since June. This downturn comes as the initial hype surrounding its AI cloud offerings begins to wane, leading to a loss of about a third of its value in recent months. Despite this, Nebius, another player in the AI sector, continues to maintain its momentum, suggesting a broader trend in the market.

Investors are closely monitoring CoreWeave's upcoming Q2 earnings report, which is expected to provide further insights into the company's performance and future prospects. The earnings report will be crucial in determining whether the recent decline is a temporary setback or a more sustained trend.