CoreWeave Stock Falls. It's Finally Buying Core Scientific. - Barron's
1. CoreWeave shares fell 4.68% post-announcement of Core Scientific acquisition. 2. Acquisition values Core Scientific at $9 billion, equating to $20.40 per share. 3. Deal adds 1.3 gigawatts power, aiding CoreWeave's data center expansion. 4. Market sentiment appears negative; expectational gap impacted share prices. 5. Nvidia holds a 7% stake in CoreWeave, strengthening future collaborations.