CoreWeave stock rebounds on Goldman Sachs upgrade to Buy - Yahoo Finance

Goldman Sachs boosts CoreWeave stock outlook

CoreWeave stock has seen a rise following an boost to Buy by Goldman Sachs. The firm highlighted strong contract economics as a reason for the upgrade. Cantor Fitzgerald has also reinforced its positive rating on CoreWeave stock, noting strong demand. Tech stocks have been rallying from an AI sell-off, with CoreWeave benefiting from this trend. Goldman Sachs' upgrade comes amid CoreWeave's efforts to balance credit worries with global AI expansion. Microsoft's shelving of the Nscale project has also added to the good mood around CoreWeave.

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