CoreWeave is trading 4% up today at $2.96, rebounding from a sharp multi-day slide as investors buy back into the AI cloud infrastructure theme.

  • The recovery follows recent selling pressure driven by concerns over AI infrastructure spending, rising losses, and competition from hyperscalers like Meta.
  • The bounce aligns with a broader rally in the sector, with peer Nebius also rising over 7% in early U.S. trading.
  • Despite recent volatility, the move suggests a stabilization in sentiment toward specialized AI cloud providers.