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News

CoreWeave Purchases Core Scientific

MarketWatch on MSN · 22h
Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping
The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential.
TechCrunch on MSN · 19h
CoreWeave acquires data center provider Core Scientific in $9B stock deal
Coreweave is acquiring the data center infrastructure provider Core Scientific in a $9 billion all-stock transaction.
Seeking Alpha on MSN · 7h
CoreWeave, Core Scientific see rating cuts after acquisition announcement
CoreWeave (NASDAQ:CRWV) saw its rating cut at several brokerage firms after the company announced on Monday that it was acquiring Core Scientific (NASDAQ:CORZ) in an all-stock deal implying a total equity value of about $9B.
RCR Wireless News
4h
CoreWeave to buy Core Scientific in $9B all-stock deal
CoreWeave expects to generate significant cost savings through streamlining business operations and eliminating lease ...
6hon MSN
Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria
Gil Luria, DA Davidson head of technology research, joins 'Squawk Box' to discuss the latest deal between CoreWeave and Core ...
CoinDesk
1d
Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range
The deal aligns with CoreWeave's post-IPO growth strategy, leveraging its strong equity position to drive large-scale M&A, ...

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