Nvidia Declines Nearly 4% In Monday Pre-Market: What's Going On? - CoreWeave (NASDAQ:CRWV), NVIDIA (NASDAQ:NVDA)
1. Nvidia's shares fell 3.66% in pre-market trading due to CoreWeave's IPO. 2. CoreWeave's IPO was priced at $40, below expectations of $47 to $55. 3. Goldman Sachs increased recession risk to 35%, predicting 15% tariffs. 4. Despite AI concerns, Bank of America maintains a Buy rating on Nvidia. 5. Nvidia holds a 6% stake in CoreWeave, generating significant revenue.