CoreWeave Inc. (CRWV) shares rallied Monday after CEO Michael Intrator fired back at allegations of "circular financing" involving Nvidia Corp. (NVDA), calling the narrative both ridiculous and mathematically nonsensical. The cloud infrastructure company emerged as one of the day's top performers even as broader markets traded mixed.
CoreWeave CEO Shuts Down Nvidia Circular Financing Concerns, Stock Jumps
Get CoreWeave Inc - Class A Alerts
Weekly insights + SMS alerts
The Math Doesn't Add Up, Says CEO
Intrator didn't mince words when addressing concerns about Nvidia's minority stake in his company. He labeled the circular financing narrative "ridiculous" and pointed to what he sees as obvious math: Nvidia's $300 million investment represents a tiny fraction of CoreWeave's total capital base, which exceeds $25 billion. The CEO likened the relationship to "a fly on the back of an elephant"—in other words, barely worth discussing.
Beyond dismissing the Nvidia concerns, Intrator defended CoreWeave's aggressive debt strategy. The company uses special purpose vehicles to manage risk, he explained, with a structure that ensures revenue from investment-grade contracts flows directly into accounts covering operating expenses and lenders before any profits reach CoreWeave itself. It's a calculated approach designed to protect both the company and its creditors.
What the Charts Are Saying
The technical picture shows meaningful strength. Shares are currently trading 16.6% above their 20-day simple moving average and 4.6% above the 50-day SMA, suggesting solid short-term momentum. Over the past year, the stock has climbed approximately 123.55% and sits much closer to its 52-week highs than lows.
The RSI reading of 49.74 lands in neutral territory—neither overbought nor oversold. Meanwhile, the MACD indicator sits above its signal line, pointing to bullish momentum. Together, these signals suggest the trend remains positive even if momentum is moderating.
- Key Resistance: $91.00
- Key Support: $85.00
What Analysts Are Thinking
Investors are now turning their attention to CoreWeave's upcoming earnings report scheduled for February 14. Analysts are expecting a loss of 65 cents per share on revenue of $1.54 billion.
Analyst Consensus & Recent Actions: The stock holds a Buy rating overall, with analysts setting an average price target of $126.55. Recent analyst activity includes:
- Wells Fargo: Overweight rating with a lowered price target of $125.00
- Truist Securities: Initiated coverage with Hold rating and $84.00 target
- Jefferies: Buy rating with a reduced target of $120.00
The High-Flyer Profile
Market data reveals a fascinating tension in CoreWeave's profile. The company scores remarkably well on momentum metrics while raising red flags on valuation:
- Momentum: Bullish (Score: 83/100) — The stock is clearly outperforming the broader market
- Value: Risk (Score: 4/100) — Trading at a steep premium compared to peers
The Bottom Line: This is a textbook "High-Flyer" setup. The strong momentum score of 83 confirms the uptrend is real, but that extremely low value score of 4 suggests the stock is priced for perfection. Anyone riding this trend should consider using tight stop-losses to protect gains if sentiment shifts.
ETF Exposure Worth Watching
Two exchange-traded funds have substantial CoreWeave exposure:
- Tradr 2X Long CRWV Daily ETF (NASDAQ:CWVX): 118.53% weight
- REX IncomeMax Option Strategy ETF (NASDAQ:ULTI): 5.05% weight
Why This Matters: Given CRWV's outsized weight in these funds, significant inflows or outflows will likely force automatic buying or selling of the stock, potentially amplifying price movements.
Monday's Price Action
CRWV Price Movement: CoreWeave shares were up 9.77% at $87.97 at the time of publication on Monday.
More News

Oil Breaks $100 on Iran Strike Fears as Energy ETF XLE Hits an All-Time Record

The Average Stock Is Crushing the S&P 500 by the Most Since 2009: Is the Rotation Just Getting Started?

Tech-to-Defensive Rotation, GM Stock Logs Worst Week Since 2023: This Week on Wall Street

Trump Loosens 50% Canada Tariffs Days Before Midterms as Susan Collins Fights for Her Seat

First Russian Diesel Tanker Heads to New York Under Trump-Putin Deal as Fuel Prices Stay High

American Express Lifts Profit Outlook, But 3,500 Layoffs and a $350 Million Penalty Steal the Show

The $1.3 Trillion Equity Rush: Record Flows, but the Money Is Moving Around

TSMC Stock Climbs As Moody's Hands Out An Upgrade And The Chipmaker Quietly Rethinks Rare Earths
Get CoreWeave Inc - Class A Alerts
Real-time alerts on price moves, news, and trading opportunities.
Join 20,000+ investors. No spam, ever.
Featured Articles
View all news
Oil Breaks $100 on Iran Strike Fears as Energy ETF XLE Hits an All-Time Record

The Average Stock Is Crushing the S&P 500 by the Most Since 2009: Is the Rotation Just Getting Started?

Tech-to-Defensive Rotation, GM Stock Logs Worst Week Since 2023: This Week on Wall Street

Trump Loosens 50% Canada Tariffs Days Before Midterms as Susan Collins Fights for Her Seat

First Russian Diesel Tanker Heads to New York Under Trump-Putin Deal as Fuel Prices Stay High

American Express Lifts Profit Outlook, But 3,500 Layoffs and a $350 Million Penalty Steal the Show

The $1.3 Trillion Equity Rush: Record Flows, but the Money Is Moving Around






