🟢 CoreWeave is trading 7.3% up today as BofA raises 2026 capex forecast

CoreWeave is trading 7.3% up at $3.15 after BofA Securities raised its fiscal 2026 capital expenditure forecast to $34 billion.

• BofA reaffirmed its Buy rating and $140 price target, signaling significant confidence in long-term AI infrastructure growth.
• The firm increased its 2026 capex outlook from $29 billion to $34 billion, highlighting the accelerating scale of AI-related investment.
• The price action coincides with a broader technology sector rally led by semiconductor and AI-focused companies.