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CoreWeave shares fall 5.3% amid fund-raising plans

CoreWeave shares were down 5.3% at $78.92 on Thursday, following its latest fund-raising plans despite a celebratory tone around demand for its AI computing services.

CRWVIXIC

92 in morning trade as investors reacted to the company’s latest fund-raising plans. The stock has often moved with sentiment around the artificial-intelligence trade, but the latest decline came even as CoreWeave highlighted demand for its AI computing services.