Why CoreWeave Rallied 46.5% in June

Shares of artificial intelligence (AI) neocloud CoreWeave (NASDAQ: CRWV) rocketed 46.5% in June, according to data from S&P Global Market Intelligence.CoreWeave went public in March under a cloud of scrutiny and fears over tariffs. However, it has since become an AI darling, skyrocketing not only in May on the back of an incremental Nvidia (NASDAQ: NVDA) investment, but also in June. June's gains appeared to come from increasing optimism over AI-related growth, with CoreWeave publishing impressive leading benchmarks running Nvidia's latest Blackwell chips.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool