AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Cathie Wood's Ark Invest is doubling down on CoreWeave (CRWV) despite its 62% decline from all-time highs. Wood remains bullish on the AI infrastructure stock, citing CoreWeave's disruptive business model and growing revenue through partnerships with OpenAI and Microsoft. However, concerns over the company's balance sheet, with interest costs exceeding operating margins and a debt load of 7.5%, raise questions about sustainable profits.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet