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CoreWeave stock jumps 19% and boosts AI trade
CoreWeave’s rally lifted other AI-related shares, underscoring continued investor appetite for the artificial intelligence build-out.
WSJ Markets reports cloud-computing company CoreWeave saw its shares surge 19%, signaling fresh momentum for investors in AI infrastructure.
The outlet said the move also helped boost other stocks viewed as tied to the artificial intelligence build-out.
The broader read-through points to how large single-stock swings can spill over into the AI trade when market participants are focused on the same theme.
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