10 Surprising Stocks That Skyrocketed Today

2. CoreWeave, Inc. (NASDAQ:CRWV)

CoreWeave Inc. jumped by 22.09 percent on Friday to end at $80.30 apiece as investors snapped up shares in the company after bagging a new $4-billion deal with OpenAI.

In a regulatory filing on Thursday, CoreWeave, Inc. (NASDAQ:CRWV) said it entered into a four-year agreement with OpenAI for some $4 billion worth of additional services.

The news followed the company’s release of a strong revenue performance in the first quarter of the year.

In a statement, CoreWeave, Inc. (NASDAQ:CRWV) said revenues expanded by 420 percent to $981.6 million from $188.7 million in the same period last year.

Net loss attributable to shareholders, however, widened by 188 percent to $370 million from $129 million year-on-year.

During the period, the company’s key wins include an $11.2-billion strategic deal with OpenAI and a partnership with IBM to deliver compute capacity for the latter’s Granite models.