Investors Rushed Into These 10 Stocks Today

8. CoreWeave, Inc. (NASDAQ:CRWV)

CoreWeave ended a two-day losing streak on Friday, jumping 5.46 percent to finish at $111.31 apiece as investors resorted to bargain-hunting to take advantage of the dips.

In the prior day, CoreWeave, Inc. (NASDAQ:CRWV) touched a new all-time high of $130.76 as investors loaded on Artificial Intelligence-related stocks, boosted by tech giant Nvidia Corp.’s impressive earnings performance for the first quarter of the year. CoreWeave, Inc. (NASDAQ:CRWV) heavily relies on Nvidia’s GPUs for its cloud services.

In recent news, the company entered into a four-year agreement with OpenAI for another $4 billion worth of services. The amount was on top of the initial $11 billion strategic deal signed previously.

In the first quarter of the year, CoreWeave, Inc. (NASDAQ:CRWV) widened its net loss attributable to shareholders by 188 percent to $370 million from $129 million year-on-year. Revenues expanded by 420 percent to $981.6 million from $188.7 million in the same period last year.