bearish sentiment builds, risks intensify — TradingView News
CoreWeave stock price continued its downward trend this week as investors remained concerned about the AI bubble. CRWV has dropped in the last four consecutive days, reaching its lowest level since May this year. It has slumped by ~65% from its highest point this year.
CoreWeave stock is facing elevated risks
CoreWeave, a top company in the AI infrastructure industry, has come under pressure in the past few months. After soaring to $186 earlier this year, it has slumped to $64, and the situation is getting worse by the day.
Concerns about the company and the industry have escalated after the recent Oracle earnings. While the topline figures were strong, the company reported a negative free cash flow and debt.
Most importantly, investors…
