Overview
- Core Scientific shareholders voted on Oct. 30 to reject CoreWeave’s $9 billion all-stock acquisition proposal, ending the bid.
- CoreWeave shares fell 6.21% Thursday to $107.32 and another 3.68% Friday to $103.00 as investors took profits and reacted to broader market weakness.
- The company reports third-quarter results Nov. 10 after the close, with consensus calling for a $0.52 per-share loss on about $1.28 billion in revenue.
- CoreWeave announced a new partnership with CrowdStrike this week to help power and secure its AI cloud.
- The company also highlighted a deal to deliver an Nvidia GB300 NVL72 cluster with more than 40,000 GPUs for Poolside and to provide cloud services for Project Horizon, a planned two‑gigawatt West Texas campus developed in eight phases.