CRWV is trading at $87.25 (-3.12%) as of 10:38 AM EST, tracking a decline in the NASDAQ Composite amid sector rotation and hawkish Federal Reserve expectations.
- The stock is facing pressure alongside other high-growth AI and semiconductor names following weak ADP jobs data and profit-taking from yesterday's session.
- Market sentiment is being influenced by expectations of a more aggressive Fed stance under Kevin Warsh, though no company-specific news has been released by CoreWeave today.