CoreWeave is trading at $93.98 (+3.3%) as the stock rebounds alongside a broader market rally fueled by Nvidia's major chip deal with Meta.
- The recovery follows a -5.25% decline in the previous session, which was triggered by reminders of a securities fraud lawsuit with a March 13 lead plaintiff deadline.
- Renewed investor confidence in AI hardware and cloud infrastructure aligns with gains in the Nasdaq Composite (+1.16%) and S&P 500 (+0.77%) today.