CoreWeave's acquisition of CORZ transforms it into a key AI infrastructure play, locking in power assets and slashing costs for long-term growth. Multi-billion-dollar contracts with OpenAI and Google provide real revenue visibility, shifting CORZ from speculative crypto to high-margin, recurring AI cash flows. Options flow, GEX, and dark pool data all point to bullish institutional sentiment, s...
MONSEY, N.Y., July 23, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific”) with CoreWeave, Inc. (“CoreWeave”) in an all-stock transaction under which Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core...
Shares of Core Scientific plunged after AI cloud provider CoreWeave announced plans to acquire the data center firm in an all-stock deal, a reaction that defies the typical market response to acquisition news. Instead of rallying to reflect the purchase price, Core Scientific stock dropped 25%, closing at $13.
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Core Scientific, Inc. (NasdaqGS: CORZ) to CoreWeave, Inc. (NasdaqGS: CRWV). Under the terms of the proposed transaction, shareholders of Core Scientific will receive 0.1235 newly issued shares of C...
CoreWeave's buyout cuts $10B+ lease costs and secures 1.3 GW+ of owned high-density AI data center capacity. The merger locks $25B+ in 12-year take-or-pay contracts, including milestone OpenAI and IBM deals. CoreWeave's Q1 revenue grew 420% YoY to $981.6M, with $606.1M EBITDA and strong 62% margin expansion.
In today's video, I discuss recent updates affecting CoreWeave (CRWV -5.27%) and Core Scientific (CORZ -5.70%). To learn more, check out the short video, consider subscribing, and click the special offer link below.
We're upgrading CoreWeave back to a buy after its strategic all-stock acquisition of CoreScientific making use of its 300% stock appreciation since IPO. The deal unlocks cost savings, eliminates $10B in future lease overhead, and gives CoreWeave control over 1.3 GW of power capacity. CoreWeave is now buying rather than renting power capacity. Valuation remains premium but has come down since ou...
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