Watch These CoreWeave Price Levels as AI Cloud Stock Soars to Another Record High

Watch These CoreWeave Price Levels as AI Cloud Stock Soars to Another Record High

Key Takeaways

  • Shares in AI darling CoreWeave surged 25% to a fresh record high on Tuesday, one day after the cloud computing provider and Nvidia partner signed a long-term data center leasing deal with Applied Digital.
  • The stock broke out from an ascending triangle on Tuesday that had been in play since late May, possibly paving the way for a continuation move higher.
  • Bars pattern analysis projects a potential upside target of around $200 and indicates the trend higher could last until next…

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https://www.investopedia.com/watch-these-coreweave-price-levels-as-ai-cloud-stock-soars-to-another-record-high-11747817