{"id":5005,"date":"2026-06-01T15:16:03","date_gmt":"2026-06-01T15:16:03","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5005"},"modified":"2026-06-01T15:16:03","modified_gmt":"2026-06-01T15:16:03","slug":"coreweave-stock-jumps-after-major-nvidia-rubin-news-what-next","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5005","title":{"rendered":"CoreWeave stock jumps after major Nvidia Rubin news: what next?"},"content":{"rendered":"
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CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared by nearly 82% from its lowest point this year. It has formed a double-bottom pattern, pointing to more gains.<\/p>\n

CoreWeave stock jumps as it validates Vera Rubin NVL72<\/h2>\n

CoreWeave, a company that Nvidia owns a 11% stake in, announced that its Essential Cloud for AI, launched NVIDIA Vera Rubin NVL72 on its CoreWeave cloud. This addition leverages its purpose-built software and engineering solutions to bring up Vera Rubin.<\/p>\n

The solution is made up of 72 NVIDIA Rubin GPUs and 36 NVIDIA Vera CPUs per rack and is connected through 260 TB\/s NVIDIA NVLINK 6th-generation fabric. According to its testing, it delivers up to 10x better performance per watt, up to one-fourth fewer GPUs, and lower costs NVIDIA Blackwell. In a statement, Craig Falls, the head of Quantitative Research at Jane Street, said<\/a>:<\/p>\n

“Their ability to deliver highly performant clusters with full cluster observability and a support team that engages deeply on hard problems gives us the confidence to partner with them on Vera Rubin.\u201d<\/p>\n

CoreWeave growth is accelerating<\/h2>\n

The new announcement came at a time when CoreWeave\u2019s business is firing on all cylinders, a trend that analysts believe will continue. Its most recent results showed that its revenue backlog jumped to nearly $100 billion as it inked some major deals with companies like Meta Platforms, Anthropic, and OpenAI.<\/p>\n

Its revenue soared from $982 million in the first quarter of last year to $2.078 billion in Q1 of this one. Most importantly, analysts believe that this growth will continue, with its annual revenue expected by 146% to $12 billion. This revenue is expected to hit $24.9 billion next year.<\/p>\n

This growth will likely continue as the artificial intelligence boom accelerates, with the top hyperscalers pledging spending over $750 billion this year. Some of these funds will go to neocloud companies, including CoreWeave. <\/p>\n

Still, the company is facing major challenges. For example, the company continues to experience substantial depreciation, which jumped to over $1.14 billion from $443 million in the same period last year. Its depreciation was over 50% of its revenue. <\/p>\n

CoreWeave\u2019s debt has also continued rising as the company predicts that it will spend between $30 billion and $35 billion in capital expenditure. Its short-term debt jumped to over $7.5 billion, while its long-term debt rose to over $17 billion. This explains why investors continue shorting the CRWV stock<\/a>.<\/p>\n

CRWV stock price technical analysis<\/h2>\n
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CoreWeave stock chart | Source: TradingView<\/em><\/p>\n

The daily chart shows that the CoreWeave stock formed a double-bottom pattern at $55.85, its lowest point in December last year and March 26. This pattern has a neckline of $114.30, its highest in January this year.<\/p>\n

The stock has moved above the 50% Fibonacci Retracement. It also jumped above the 50-day Exponential Moving Average (EMA), a sign that bulls have prevailed. <\/p>\n

Therefore, the stock will likely continue rising as bulls target the key resistance level at $138, its highest point in May. A move above that level will point to more gains, potentially to the psychological level at $150. <\/p>\n

The post CoreWeave stock jumps after major Nvidia Rubin news: what next?<\/a> appeared first on Invezz<\/a><\/p>\n

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CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared by nearly 82% from its lowest point this year. It has formed a double-bottom pattern, pointing to more gains.CoreWeave stock jumps as it validates Vera…<\/p>\n","protected":false},"author":1,"featured_media":5006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5005"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5006"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}