CoreWeave’s $2.42B Volume Plummets 48% to 23rd Ranking as AI Cloud Push Gains Momentum

On August 29, 2025, CoreWeave (CRWV) closed with a 0.24% increase, trading at a volume of $2.42 billion. This marked a 48.21% decline from the previous day’s volume, placing it 23rd in trading activity among equities. The stock’s performance reflects mixed short-term momentum amid evolving market conditions.

Recent developments highlight CoreWeave’s strategic focus on expanding its cloud computing infrastructure to meet rising demand for AI processing power. The company has secured long-term contracts with two unnamed enterprise clients, bolstering revenue visibility. Analysts note that these agreements align with broader industry trends toward distributed computing solutions.

Operational metrics show a 12% quarter-over-quarter increase in GPU utilization rates, driven by renewed interest in decentralized cloud services. However, investors remain cautious about macroeconomic headwinds, including potential interest rate adjustments that could impact capital-intensive tech sectors.

Historical performance analysis indicates that CoreWeave’s stock has demonstrated a 68% positive correlation with Nasdaq Composite index movements over the past 12 months. A 52-week backtest reveals that the stock outperformed the S&P 500 by 14.3 percentage points during periods of high volatility, though underperformed by 9.8 points in low-volatility environments.