Texas Judge Expands Restraining Order Against Beto O'Rourke Over Alleged "Beto Bribes"

A Texas judge has expanded a restraining order against former Rep. Beto O'Rourke and his group Powered by People, accusing them of funneling cash to Democrats who fled the state to derail redistricting votes. The order also includes ActBlue and any banks handling their funds. Attorney General Ken Paxton sought contempt charges, alleging O'Rourke's group is deceiving donors and buying off Texas politicians. O'Rourke has raised over $1 million despite the order.

NVIDIA (NVDA) has disclosed its increased stake in CoreWeave (CRWV) in an SEC filing, highlighting the company's strategic positioning in the AI compute market. As of June 30, 2025, NVIDIA's core stock holdings included CoreWeave, Arm (ARM), Applied Digital (APLD), Nebius (NBIS), and Recursion Pharmaceuticals (RXRX), with CoreWeave being the largest holding [1].

CoreWeave, an AI compute leader, reported a staggering 207% year-over-year (YoY) revenue growth in Q2 2025, reaching $1.21 billion, while securing a $30.1 billion revenue backlog through partnerships with OpenAI, Microsoft, and Meta. However, the stock experienced a 18.9% post-earnings decline due to a $290.5 million net loss and $20–23 billion in capital expenditure (CAPEX) plans [2].

The AI compute market is projected to grow at a 30%+ compound annual growth rate (CAGR) through 2030, and CoreWeave's strategic advantages, such as 2.2 GW of contracted power and pending acquisitions, position it to capture a significant share of this growth. Despite near-term financial pressures, analysts see potential upside in CoreWeave's backlog growth and capacity expansion.

NVIDIA's investment in CoreWeave underscores its belief in the company's ability to lead the AI compute revolution. The recent pullback in CoreWeave's stock price presents an opportunity for investors to buy on dips, with a stop-loss at $100 to mitigate downside risk. The company's long-term contracts, scalable infrastructure, and strategic acquisitions fortify its market position, making it a compelling investment for those with a 3–5 year horizon.

References:
[1] https://www.tipranks.com/news/the-fly/nvidia-discloses-increased-coreweave-stake-of-3-96b-thefly
[2] https://www.ainvest.com/news/coreweave-capitalizing-ai-compute-demand-short-term-volatility-2508/