US Stock Market Move | NVIDIA Corporation's "beloved son" CoreWeave (CRWV.US) increased by over 20%, after a nearly 42% rise yesterday.

date
02/04/2025
avatar
GMT Eight
On Wednesday, the stock price of CoreWeave (CRWV.US), a cloud computing company and "darling" of NVIDIA Corporation, continued to rise, with gains exceeding 20%, following yesterday's surge of nearly 42%. CoreWeave officially made its debut on the NASDAQ last Friday, becoming the largest risk venture-backed technology enterprise IPO in the United States since 2021. The company's main business is leasing NVIDIA Corporation (NVDA.US) GPU computing power to other technology companies, with Microsoft Corporation (MSFT.US) being its largest customer.

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