🔴 CoreWeave is trading 10.2% down as election results raise data-center construction concerns

CoreWeave is trading at $48.26, down 10.21%, as election results raise concerns that tighter oversight, permitting limits or moratoriums could slow AI data-center construction.

• Reports link broader weakness in data-center stocks to Democratic gains in Congress and Texas. The Texas governor-elect campaigned for a pause on new data-center approvals, but no new restriction on CoreWeave’s existing projects is confirmed.
• The decline stands out against gains in the broader market and technology sector.