CoreWeave is trading at $2.35 (9.2% down), extending a steep multi-day slide as investor caution toward AI-infrastructure valuations persists.
- The move comes despite a sharp rebound in the broader technology sector and major indices following strong Microsoft earnings and cooler inflation data.
- With no fresh company-specific news or earnings reported today, the stock is significantly underperforming its sector and the overall market.
- This downward trend follows a period of gains earlier in July, suggesting a cooling of sentiment for AI-related infrastructure plays.