Jensen bought the dip on CoreWeave in January. The dip kept dipping๐จ๐
Nvidia put another $2B into $CRWV at $87.20 a share, taking its stake from about 6% to 11.5%.
CoreWeave closed at $50.15 on Monday. That's an all-time low, and the stock is down 44% this month. On paper, that $2B is now worth around $1.15B.
The worry is the debt. CoreWeave's credit default swaps just hit a record high, and some analysts are already saying "Lehman."
Oracle took a hit the same day. It announced a $20B raise and the stock fell 8.8%. Larry Ellison lost roughly $11B in one session #JensenHuang #Aฤฐ #CoreWeave #EarningsSeason
Nvidia put another $2B into $CRWV at $87.20 a share, taking its stake from about 6% to 11.5%.
CoreWeave closed at $50.15 on Monday. That's an all-time low, and the stock is down 44% this month. On paper, that $2B is now worth around $1.15B.
The worry is the debt. CoreWeave's credit default swaps just hit a record high, and some analysts are already saying "Lehman."
Oracle took a hit the same day. It announced a $20B raise and the stock fell 8.8%. Larry Ellison lost roughly $11B in one session #JensenHuang #Aฤฐ #CoreWeave #EarningsSeason
