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CoreWeave Lands $6.3B Nvidia Deal
Description
CoreWeave shares jumped after Nvidia agreed to buy unused cloud capacity through 2032 in a deal worth $6.3 billion. The stock surged nearly 9% on the news, but hedge fund Carradale Capital sees major risk. Their short report warns CoreWeave is a debt-heavy GPU renter with no moat, valuing it at just $10 a share.
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