Why CoreWeave Stock Is Plummeting Today

Shares of CoreWeave (NASDAQ: CRWV) are falling today, down 10.8% as of 1:06 p.m. ET. The drop comes as the S&P 500 and Nasdaq Composite have lost 1.3% and 1.5%, respectively.The AI cloud computing company is seeing its stock slide as an acquisition deal critical to its continued growth appears to be on shaky ground.Earlier this summer, as CoreWeave stock was peaking amid insatiable demand for AI data center capacity, the company struck a deal with Core Scientific to acquire the data center infrastructure company. The acquisition would greatly expand CoreWeave's capacity and help it continue to scale rapidly.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool