CoreWeave Surges 10.73%: $7B Deal & Nvidia Partnership Drive Growth
Wednesday, Jun 4, 2025 6:52 pm ET1min read
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CoreWeave's stock has surged to a record high, gaining 10.73% in a single day. A strategy of buying shares after they reached a recent high and holding for a week yielded an 8.33% annualized return over 5 years. The recent $7-billion deal with Applied DigitalAPLD-- and Nvidia's acquisition of a 7% stake have contributed to the surge.
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