Core Scientific, Inc. - Common Stock (CORZ)

CoreWeave's acquisition of Core Scientific is a strategic move to vertically integrate its power supply, creating a powerful competitive advantage in AI.

CoreWeave Inc (NASDAQ:CRWV) just made a big move — but the market didn't applaud.

Curious to know what's happening on the US markets one hour before the close of the markets on Monday? Join us as we explore the top gainers and losers in today's session.

CoreWeave Inc (NASDAQ:CRWV) and Core Scientific Inc (NASDAQ:CORZ) shares are moving lower Monday after the companies announced a merger deal.

Today's session on Monday is marked by notable gaps in various stocks. Stay informed with the gap up and gap down stocks in today's session.

CoreWeave will acquire Core Scientific in an all-stock deal valued at nearly $9 billion, which it says will boost its AI infrastructure, eliminate $10 billion in lease costs, and generate $500 million in annual savings by 2027.

Three firms with substantial analyst bullishness may be worth a closer look for investors looking to ride recent rallies.

Wall Street Rockets Higher as Geopolitics Cool and AI Craze Reignites

"CRWV would have ~300MW in additional capacity after an acquisition, which has the potential to be suitable for HPC/AI workloads," the analyst wrote

In a potential game-changer for the cryptocurrency mining sector, Morgan Stanley has forecasted that CoreWeave Inc.‘s (NASDAQ:CRWV) proposed acquisition of Core Scientific Inc. (NASDAQ:CORZ) could boost the

The S&P 500 index soared to record highs on Thursday, marking a significant recovery from the steep selloff experienced just a few months ago.

Shares of crypto miners Applied Digital Corp (NASDAQ:APLD), Galaxy Digital Inc (NASDAQ:GLXY) and IREN Ltd (NASDAQ:IREN) all closed

Core Scientific’s stock rose more than 30% in midday trade to its highest level since January after The Wall Street Journal reported CoreWeave may be mounting a fresh takeover offer.

Shares of Core Scientific Inc. (NASDAQ: CORZ) are up Thursday following a report CoreWeave inc. (NASDAQ: CRWV) is in advanced discussions to acquire the bitcoin mining and hosting company.

The world’s top cryptocurrency by market capitalization touched a high of $109,701, rising more than 4.1% over the past 24 hours.