Cantor Fitzgerald launched coverage with an Overweight rating on CoreWeave.

The entities involved

• CoreWeave →

  American cloud computing company

  • CoreWeave, a major cloud provider, has expanded its customer base to include Meta, Microsoft, Anthropic, and OpenAI, utilizing Nvidia GPUs for AI workloads.16:37
  • Gil Luria set a 12-month target price for CoreWeave, noting both are popular AI stocks facing analyst sell ratings.16:03
• Cantor Fitzgerald →

  American financial services company

  • Analyst firms, including Benchmark, Morgan Stanley, and Cantor Fitzgerald, issued rating and price target updates for Spotify Technology.15:14
  • Briefing.com reported a rating change issued by Cantor Fitzgerald.15:10

Related events

• CoreWeave, a major cloud provider, utilizes Nvidia GPUs and holds a significant stake from Nvidia while competing with Microsoft and Meta.Jun 21
• Jim Cramer endorsed CoreWeave, while Chamath Palihapitiya highlighted soaring yields on CoreWeave's debt.Thu 00:52
• CoreWeave, a cloud provider, is listed on the Nasdaq and holds inventory of Nvidia GPUs.Sep 7
• CoreWeave is leveraging GPU compute power for AI infrastructure, serving customers like Jane Street.Jun 18
• Nvidia has strategic investments in Nebius Group, which is competing in the data center market against Oracle, alongside the presence of CoreWeave and OpenAI.Jun 8