IPO News
OpenAI negotiating with Microsoft for new funding, future IPO: FT
OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the soft...
OpenAI and Microsoft reportedly renegotiating partnership to allow for potential IPO
The news: OpenAI and Microsoft are reworking the terms of their multibillion-dollar partnership, according to a report from the Financial Times.
OpenAI negotiates with Microsoft to unlock new funding and future IPO, FT reports
OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the soft...
U.S. IPO Weekly Recap: Sizable Insurance IPOs Deliver Solid Trading
A few new issuers went public this past week, joined by two SPACs. Three IPOs are scheduled to list in the week ahead, although some small deals may join the calendar at the last minute. Street resear...
Cohen Milstein Continues Lead Plaintiff Search for Zenas BioPharma (ZBIO) Securities Fraud Class Action Following Post-IPO Stock Decline
Cohen Milstein continues lead plaintiff Search for Zenas BioPharma (ZBIO) securities fraud class action. Contact Molly Bowen, Esq. at 1 (202) 408-4600.
Antalpha Platform Readies $46 Million IPO For Bitcoin Mining Financing Expansion
Antalpha Platform Holding Company seeks to raise $46.2 million in an IPO, providing supply chain financing in the Bitcoin mining machine industry. The firm shows strong revenue growth and profitabilit...
CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints
Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO.
Columbia Seligman Premium Technology Growth Fund Announces a Second Quarter Distribution: 9.25% Annual Rate for IPO Investors
BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a second-quarter distribution, pursuant to its managed distribution policy, in th...
CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report
CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a portion of its sizeable liabilities and support further investment,...
Apollo's Aspen Insurance raises $397.5 million in US IPO
Aspen Insurance priced its New York initial public offering within its marketed range on Wednesday, raising $397.5 million for the Bermuda-based specialty insurer.
Gladstone Land: Farm Land REIT Struggles After IPO
Gladstone Land Corporation buys farmland across the U.S. and leases it to farmers. LAND's rapid expansion to over $1 billion in farmland assets has led to management challenges and recent financial lo...
eToro Aims to Raise $500 Million After Unpausing IPO Plans
Retail trading platform eToro is seeking to raise $500 million as it prepares to go public. The company announced Monday (May 5) that it had begun the roadshow for its initial public offering (IPO).
Online brokerage EToro moves ahead with IPO despite a mostly barren market for new issues
The company plans to raise up to $500 million and would be valued at up to $4 billion, as it looks to debut on the Nasdaq under the ticker symbol “ETOR.”
From 'Cockroach Award' to the Big Board: Hinge Health's unlikely path to IPO
While companies like Klarna and StubHub delayed their IPO plans due to market turbulence, Hinge Health is pushing forward in an effort to make its NYSE debut. Hinge Health CEO Daniel Perez co-founded ...
U.S. IPO Weekly Recap: Flurry Of SPACs List And Submit Filings Amid Otherwise Quiet IPO Market
Two IPOs and nine SPACs debuted this week. One IPO and six SPACs submitted initial filings. A handful of IPOs are scheduled to price in the week ahead, led by two sizable insurers.
Julong Targets US IPO Despite High Valuation, Risks In Chinese Smart‑Systems Market
Julong Holding Limited seeks to raise $6.25 million in an IPO, offering smart facility and operations solutions in China with a growing but small revenue base. Despite increasing revenue and positive ...
VCIG's Consulting Arm, V Capital Consulting Group, Secures Nasdaq IPO Advisory Mandate with AgriTech Innovator, Saturn Agtech
V Capital Consulting Group to Lead Saturn's Nasdaq Listing, Highlighting Strong Demand for U.S. Market Access Among Southeast Asian Tech Companies V Capital Consulting Group to Lead Saturn's Nasdaq Li...
Cohen Milstein Seeks Investors to Lead Suit to Hold Zenas BioPharma (ZBIO) Accountable for IPO-Related Fraud
WASHINGTON, D.C., May 01, 2025 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (NASDAQ: ZBIO) entered the public markets in September 2024 with a $17 per share debut and bold projections.
LogProstyle Inc. Recognizes its Successful IPO On the NYSE American
TOKYO--(BUSINESS WIRE)--LogProstyle Celebrates Corporate Milestone with Ringing of the NYSE Closing Bell.
Ctrl Group Limited: Overvalued IPO Despite Strong Mobile Game Marketing Prospects
Ctrl Group offers specialized, integrated marketing solutions for mobile games in Hong Kong. But they intend to expand into the Taiwan and Southeast Asia markets. Currently, MCTR has strong recurring ...
ZBIO Investor Reminder: Cohen Milstein Encourages Zenas BioPharma Investors to Consider Leading Class Action Following IPO Stock Collapse
Cohen Milstein Encourages Zenas BioPharma Investors Who Lost Money Following IPO Stock Collapse to Call Firm to Potentially Join or Lead Class Action.
Reliance share price: analysts raise targets on strong Q4, highlight Jio IPO as value unlock
Shares of Reliance Industries Ltd. rose 4% on Monday to touch a five-month high of ₹1,353 apiece, as investors reacted positively to the company's March quarter results and a flurry of target price hi...
FatPipe: Worth Watchlisting This Promising IPO SD-WAN Suite Story
FATN has a subscription-based SD-WAN, SASE, and NMS suite that's built on patented MPVPN/MPSec bonding engines. The company went public in April 2025 at $5.75 per share, which has now more than double...
U.S. IPO Weekly Recap: Small Foreign Issuers List In The U.S. As Notable IPOs Continue To Delay
A handful of small issuers listed in the US this past week, joined by four SPACs. Two IPOs are set to list in the week ahead, although some deals may move around the calendar at the last minute. Stree...
Zenas BioPharma Investors Encouraged to Contact Cohen Milstein to Lead ZBIO IPO Stock Drop Securities Class Action
Investors who purchased stock in Zenas BioPharma, Inc. (NASDAQ: ZBIO) September 2024 IPO and lost money should call Cohen Milstein to join a class action.
Nasdaq CEO Adena Friedman on Q1 earnings, market volatility and IPO landscape
Nasdaq CEO and chair Adena Friedman joins 'Squawk Box' to discuss the company's quarterly earnings results, what to make of market volatility, IPO landscape, future capital flows, regional HQ expansio...
CoreWeave: IPO Stumble Out Of Nasdaq Rodeo Chute May Be An Opportunity
CoreWeave's stock movement is linked to OpenAI's $40B funding from SoftBank and new AI benchmarks with Nvidia chips. Despite current market setbacks, the AI bull market remains intact, with CoreWeave ...
LogProstyle Inc. Celebrates Its IPO With the Ringing of the Closing Bell at the New York Stock Exchange
TOKYO--(BUSINESS WIRE)--LogProstyle Executive Management to Ring Closing Bell on the NYSE.
Cohen Milstein Calls on Zenas BioPharma (ZBIO) Investors to Act Following Significant Post-IPO Losses
WASHINGTON, April 22, 2025 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC is investigating potential securities fraud claims on behalf of investors in Zenas BioPharma, Inc. (NASDAQ: ZBIO) who ...
Analysts are largely bullish on CoreWeave despite post-IPO struggles: read why
CoreWeave, the Nvidia-backed cloud computing company specialising in artificial intelligence infrastructure, received broadly positive analyst coverage this week despite having struggled to gain inves...
SoFi: Near IPO Levels & A Huge Opportunity
The investment thesis highlights the company's strong market position, innovative product line, and consistent revenue growth as key drivers for future stock appreciation. Rating justification is base...
The Bet Paid Off: Sportradar Nears IPO Highs
Sportradar Group shares have surged 38% YTD and 140% over the last year, seen as a safe haven amid market uncertainty despite a high valuation. Investors are eying significant margin expansion coupled...
Why the IPO pipeline is 'totally clogged'
Artificial intelligence (AI) and software dominated venture capital deals in the first quarter of 2025, according to data from KPMG Private Enterprise. Kapital Ventures managing partner Kamran Ansari ...
Zenas Biopharma Investors Urged to Contact Cohen Milstein After Post-IPO Losses
WASHINGTON, April 21, 2025 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC is investigating potential claims on behalf of investors who purchased securities of Zenas BioPharma, Inc. (NASDAQ: ZB...
Chagee Holdings' IPO Offers A Compelling PEG Proposition
Chagee Holdings' IPO surged over 15%, highlighting its rapid growth with 6,440 teahouses and strong sales, making it a compelling investment for China exposure. The company's impressive growth include...
MCHPP: Microchip Technology's 7.5% Mandatory Convertible Preferred Stock IPO
We analyze Microchip Technology's 7.50% Series A Mandatory Convertible Preferred Stock after its IPO, despite it not fitting our typical financial objectives. Convertible securities can offer attracti...
JPMorgan and BofA should stop work on IPO for China's CATL, lawmaker says
JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric vehicle battery giant CATL , a Republican lawmaker said on Thursday.
Instead of a 2025 IPO boom, Blackstone sees more opportunity to take companies private
Trump's "unprecedented" tariff negotiations are slowing the economy, said Blackstone chief Steve Schwarzman. While M&A dealmaking will slow across the board, president Jon Gray sees the worst impact o...
American Integrity Insurance Starts IPO Rollout For Expansion Plans
American Integrity Insurance Group, LLC seeks to raise $100 million in an IPO to fund growth and expansion from Florida into Georgia and South Carolina. The firm has shown slow revenue growth, increas...
CoreWeave: Weak IPO But Growth Ahead
CoreWeave's IPO was underwhelming, but that doesn't reflect the company's fundamentals. CoreWeave's rapid growth in the GPU-as-a-Service market, driven by AI demand, led to significant revenue increas...
CEO of Wellgistics Health Converts $1.5 Million of Debt to Equity at IPO Price
TAMPA, FL / ACCESS Newswire / April 15, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX) (the "Company"), a holding company for various existing and planned strategic businesses centered around healthcar...
Dreamland Limited Seeks U.S. IPO On High Valuation And Risks
Dreamland Limited is targeting a $9 million US IPO. The company's financials show increasing revenue but uneven profits and negative free cash flow, highlighting its financial instability. Dreamland f...
Julong: A By-The-Numbers Look Ahead Of Its IPO
Julong, a Chinese smart systems company, is going public soon, with a focus on government contracts and cloud-based solutions for utilities and commercial buildings. Julong's financials show strong ye...
U.S. IPO Weekly Recap: Flurry Of Small Issuers List, Despite Heightened Market Volatility
Seven IPOs and one SPAC debuted this week. One IPO and three SPACs submitted initial filings. Two sizable deals are set to lead the IPO calendar in the coming week.
Venture Investment Health as Klarna & Others Delay IPO
Gené Teare discusses venture investment, with CrunchBase writing that 1Q25 hit a record in the sector. She breaks down the report, and notes that the news that Klarna and other highly-anticipated IPOs...
Chinese tea brand Chagee targets $5.1 billion valuation in US IPO amid choppy market conditions
Chinese tea chain Chagee said on Thursday it was targeting a valuation of up to $5.1 billion in its New York initial public offering, braving choppy market conditions.
Why drone maker Airo is braving turbulent markets for an IPO
Drone maker Airo Group Holdings Inc. is stepping into a challenging market for initial public offerings by launching a roadshow for its stock-market debut.
German tech startup 1Komma5 joins Klarna in shelving US IPO plans
German unicorn 1Komma5 Grad has joined Sweden's Klarna in reassessing plans for a U.S. float as President Trump's renewable energy and trade policies have roiled markets.
Vistek: Vistek's IPO Is A Bet On Big-League Growth
Vistek aims to upgrade to L6 classification via IPO, enabling them to bid on larger public sector contracts in Singapore. The IPO funds will enhance Vistek's working capital, expand equipment, and sup...
Pinnacle Food Group: Not A Buy Yet, But This AgTech IPO Is On The Right Track
Pinnacle Food Group, a hydroponic farming company, is preparing for its IPO amidst a volatile market, targeting urban households and communities with innovative indoor growing systems. The hydroponic ...
U.S. IPO Weekly Recap: Self Storage REIT Leads A 5 IPO Week As Tariff News Rocks Markets
Five companies eligible for inclusion in our IPO stats went public this week, joined by four SPACs and a nano-cap. Stablecoin issuer Circle Internet Group filed for an IPO that we estimate could raise...
Klarna And StubHub Delay IPOs After Trump's Tariffs Cause Stock Market Dive
Plans for Klarna Group and StubHub Holdings to go public have been paused, as both companies delayed their debuts after far-reaching tariffs announced by President Donald Trump earlier this week spark...
Klarna Puts Public Listing on Ice and Signals a Chill Ahead for FinTech IPOs
To get a sense of just how volatile the markets are — and how fragile things will be for FinTechs looking to go public, or for those already trading — Klarna has taken its IPO off the table, three wee...
Affirm heads for second-worst week on record on tariff worries, Klarna delayed IPO
Affirm shares plummeted about 30% in two days following President Trump's tariff announcements, on concerns that consumers will pull back on spending. Rival Klarna delayed its long-anticipated IPO, as...
Klarna and StubHub delay IPO plans as Trump tariff shock rattles investor sentiment: report
Klarna and StubHub have shelved their much-anticipated plans to go public as a fresh wave of market volatility triggered by President Donald Trump's sweeping tariff announcement rippled through global...
Klarna and StubHub delay IPOs because of Trump tariff turmoil
The tentative re-opening of the IPO window is already swinging towards being closed again.
Report: Klarna Pauses IPO Amid Investor Uncertainty Caused by Tariffs
Klarna reportedly paused its planned initial public offering (IPO) amid investor uncertainty caused by the Trump administration's announcement of tariffs. The buy now, pay later (BNPL) provider had pl...
Klarna, StubHub delay IPOs as Trump's tariffs roil markets
Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shockwaves through the U.S. markets this week. Both companies had filed their IPO pr...
Klarna pauses US IPO plans amid tariff turmoil, WSJ reports
Swedish fintech company Klarna has paused plans for an initial public offering amid turmoil sparked by the latest U.S. tariffs, the Wall Street Journal reported on Friday, citing people familiar with ...
Circle Internet Group Starts IPO Process In Improving Regulatory Environment
Circle Internet Group, Inc. has filed to raise $100 million in an IPO, although the final amount may be larger. The firm will use the proceeds to fund product development, market expansion, and potent...
BUUU Group: IPO Gains Attention, Yet Avoiding It Could Be The Smart Move
BUUU Group, an event management company, is set to IPO but faces significant risks due to its heavy reliance on the Hong Kong market and low barriers to entry. The company's revenue is highly concentr...
Why CoreWeave's stock is taking off after a lackluster IPO
Shares of CoreWeave Inc., the artificial-intelligence-focused data-center operator, continued to gain steam on Wednesday, reflecting how several factors make the newly public name prone to volatile mo...
Enigmatig Pursues IPO On Deteriorating Fundamentals
Enigmatig's IPO is set to raise $16.9 million in a U.S. IPO. The firm's valuation assumptions are overly optimistic, with an EV/revenue multiple of 29x on declining topline revenue. The market for reg...
CoreWeave's Post-IPO: Here's What You Need To Know
CoreWeave's revenue grew from $15.8 million in 2022 to $1.92 billion in 2024, reflecting 12,000%+ growth. GPU utilization rates reach 70-80%, significantly outperforming hyperscalers' 30-50%, driven b...
Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other Media Peers
In the third act of its dramatic debut as a public company, conservative media company Newsmax faced a harsh reality as its stock lost a sizable chunk of its early gains, though it remains valued favo...
Stablecoin giant Circle reveals revenue growth in US IPO filing
USD Coin issuer Circle Internet Group is trying for a second time to get listed on the New York Stock Exchange after disclosing significant revenue growth.
Stablecoin leader Circle files for IPO
Circle Internet Group is looking to become a publicly-traded company, filing for an IPO. It plans to use the ticker 'CRCL.
Post-CoreWeave, Venture Investors Rethink Their Outlook on IPOs
CoreWeave's bumpy takeoff as well as market volatility are deterring startups from going public. Still, some investors continue to warm hopes for a rebound this year.
Newsmax's IPO is a historic one on Wall Street. Its valuation is at nose-bleed levels too.
Priced at $10 per share, the cable TV company closed its first day at $83.51 and its second at $233, after rising as high as $265. That's left the stock NMAX+179.01% up 2,230% in its first two days of...
Report: Stablecoin Issuer Circle Could Launch IPO by June
Circle Internet Financial will reportedly file its prospectus for an initial public offering (IPO) in late April and could launch its IPO by June.
Newsmax IPO draws comparisons to GameStop meme stock mania, as NMAX price surges another 160% today
Shares of Newsmax continued to rise on Tuesday following a massive public debut on Monday, in which shares shot up more than 700% for the best-performing first day since 2022.
USDC stablecoin issuer Circle files for IPO as public markets open to crypto
Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the U.S. Securities and Exchange Commission. The S1 lays the groundwork for Circle's long-anticipated entr...
Newsmax: Sell The IPO Craze
Newsmax Inc.'s IPO saw an extraordinary two-day rally, but the current valuation seems unsustainable, trading at 162 times last year's revenue. Despite strong revenue growth and no debt, Newsmax's cas...
Newsmax Shares Surge 150% After Volatile IPO—As Market Cap Doubles
Shares of Newsmax skyrocketed again on Tuesday, as trading in the conservative news outlet's stock was halted again for volatility multiple times throughout the day, more than doubling the company's m...
CoreWeave rises above IPO price on third trading day
Artificial intelligence startup CoreWeave's shares were up 17% at $43.50 on their third day of trading on Tuesday, above their initial public offering price of $40.
New Preferred Stock IPOs, March 2025
We tracked six new preferred stock and exchange traded debt offerings with yields from 6.15% to 10%, highlighting their CDx3 Compliance Scores. Oxford Lane Capital Corp.'s new exchange notes (OXLCG) a...
Ambitions Enterprise Targets U.S. IPO For Expansion Plans
Ambitions Enterprise is seeking $6.75 million in an IPO but faces numerous risks, thin capitalization, and excessive valuation assumptions. The company offers tourism and business event-related servic...
American Trust Investment Services Serves as Sole Underwriter for Energys Group Ltd IPO
IPO Launch Marks U.S. Market Debut for Leading UK-Based Energy Efficiency Company NEW YORK , April 1, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) today announced the successfu...
CoreWeave shares bounce 12%, rising above IPO price
CoreWeave shares rose more than 10% in their third trading day, following a volatile post-IPO start. CoreWeave opened on the public markets Friday in the biggest venture-backed tech IPO for a U.S. com...
Karman Space & Defense Extends 10K Filing Date as Audit Support for February IPO Lengthens Full Year Audit Timeline; Affirms Strong 2024 Financial Performance and Schedules Full Fiscal Year 2024 Earnings Conference Call
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #earnings--Karman Space & Defense Extends 10K Filing Date, Affirms Strong 2024 Performance, Schedules Fiscal 2024 Earnings.
NMAX price: Newsmax stock pops 500% on NYSE as conservative media network IPOs in the Trump era
After debuting to the public for the first time this morning, stock for the cable news firm Newsmax shot up by over 500%.
AI chipmaker Cerebras announces CFIUS clearance, a key step toward IPO
AI chip developer Cerebras said Monday that it has obtained clearance from a U.S. committee to sell shares to Group 42, a Microsoft-backed AI company based in the United Arab Emirates. That clearance ...
Donald Trump-Aligned Cable TV Network Newsmax Skyrockets In IPO; Shares Up More Than 700%
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on their first day of trading. The IPO was priced at $10 a share last Friday, with...
Wall Street banks got meager payout from CoreWeave IPO
The payout to underwriters in CoreWeave's IPO amounted to just 2.8%, according to a filing on Monday. Morgan Stanley, JPMorgan Chase and Goldman Sachs were the three leading banks on the offering, col...
Newsmax Stock Skyrockets Over 700% Following IPO—Causing Multiple Trading Halts
Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap...
CoreWeave stock drops 10% on second day as economic concerns, debt, and IPO timing weigh on investors
CoreWeave's stock tumbled nearly 10% on Monday, slipping well below its initial public offering price, a sign of investor caution toward the stock in a market reeling under economic uncertainties. The...
Newsmax Stock Skyrockets Over 500% Following IPO—Causing Multiple Trading Halts
Newsmax debuted on the New York Stock Exchange on Monday and surged over 500% in the first few hours of trading, leading to nearly a dozen trading halts following its initial public offering, as its m...
CoreWeave IPO Performance Likely Due To Company, Not AI Sector: Analyst Says 'Investor Sentiment Remains Mixed'
Backed by NVIDIA Corporation NVDA, cloud infrastructure company CoreWeave, Inc. CRWV had one of the most anticipated IPOs in years with its market debut Friday.
Jingrui Wang Pu Holdings Seeks US IPO On Excessive Valuation
Jingrui Wang Pu Holdings Group Ltd. aims to raise $6.25 million in an IPO but faces high valuation expectations and numerous risks. The company sells branded electric appliances in China, showing grow...
RPT-C: A 9.875% Preferred Stock IPO From Rithm Property Trust
Rithm Property Trust Inc.'s new Series C Fix/Float Cumulative Preferred Stock offers a 9.875% fixed dividend until 2030, then a floating rate based on SOFR. RPT-C is trading at $25.25 with a current y...
Nvidia Stock Slumps. Trump, Coreweave IPO Cast Shadow Over AI.
There's growing concern that artificial intelligence hype is overblown, and that an economic downturn may be coming.
What CoreWeave IPO means for Goldman Sachs
CoreWeave's initial public offering indicates signs of a pickup in dealmaking, which could prove to be a meaningful tailwind for the likes of the Goldman Sachs Group (NYSE: GS) in 2025. The AI cloud i...
Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave pulled off the largest U.S. venture-backed tech IPO in almost four years this week, with help from key supplier Nvidia. The offering didn't go as planned, with Nvidia stepping in to buy shar...
CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO
CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced.
U.S. IPO Weekly Recap: CoreWeave Fails To Impress In Downsized IPO, As More Names Join The Pipeline
Six IPOs and one direct listing debuted this week. Seven IPOs and two SPACs submitted initial filings. A handful of companies are scheduled to go public on US exchanges in the coming week.
CoreWeave Debuts: A Big IPO in a Slow Year
The AI cloud company has a lot going for it: over 700% growth in revenues and backing from Nvidia. But the industry is brutally competitive, and expensive, and it's a tough market for newly listed com...
CoreWeave IPO price action 'leaves a lot to be desired'
Clockwise Capital chief investment officer James Cakmak joins Market Domination hosts Josh Lipton and Julie Hyman to outline his use of a barbell strategy to balance risk amid current market condition...
‘Exact wrong time' to test demand for AI stocks, says Risk Reversal's Dan Nathan on CoreWeave IPO
Dan Nathan, Risk Reversal Advisors, joins 'Fast Money' to talk why he is bearish on the CoreWeave IPO.
Don't overthink CoreWeave's IPO. It is a bellwether — just not for all of AI.
CoreWeave's Nasdaq debut saw shares fall below their IPO price, raising market concerns. CoreWeave is the first US pure-play AI public offering, relying heavily on Nvidia GPUs.