Stock Track | CoreWeave Plunges 5.11% in Pre-market as SpaceX GPU Supply Fears and Insider Selling Weigh

Stock Track

Aug 06

CoreWeave, Inc. (CRWV) shares tumbled 5.11% in pre-market trading on Thursday, as a confluence of negative headlines pressured the AI cloud provider's stock.

The decline was fueled by a BNP Paribas analyst warning that SpaceX's aggressive AI compute expansion plans could tighten GPU supply, potentially squeezing chip allocation for CoreWeave despite its strategic partnership with NVIDIA. Analysts cautioned that if NVIDIA prioritizes its close collaboration with SpaceX, even strategic partners like CoreWeave may face reduced GPU allocations, raising concerns about the company's future compute supply security.

Adding to the downward pressure, Citi recently lowered its price target on CoreWeave from $158 to $142, while insider filings revealed that CEO Michael Intrator plans to sell 200,000 shares valued at approximately $17.15 million, and Chief Development Officer Brannin McBee executed sales of roughly 134,000 shares at prices between $70.53 and $85.62. The stock is set to report Q2 earnings on August 11, with consensus expecting revenue growth of approximately 137% year-over-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1105319624"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1105319624\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1105319624?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-06 21:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105319624","market":"sg","top_or_hot":-1,"title":"Stock Track | CoreWeave Plunges 5.11% in Pre-market as SpaceX GPU Supply Fears and Insider Selling Weigh","media":"Stock Track","content":"<p>CoreWeave, Inc. (CRWV) shares tumbled 5.11% in pre-market trading on Thursday, as a confluence of negative headlines pressured the AI cloud provider's stock.</p><p>The decline was fueled by a BNP Paribas analyst warning that SpaceX's aggressive AI compute expansion plans could tighten GPU supply, potentially squeezing chip allocation for CoreWeave despite its strategic partnership with NVIDIA. Analysts cautioned that if NVIDIA prioritizes its close collaboration with SpaceX, even strategic partners like CoreWeave may face reduced GPU allocations, raising concerns about the company's future compute supply security.</p><p>Adding to the downward pressure, Citi recently lowered its price target on CoreWeave from $158 to $142, while insider filings revealed that CEO Michael Intrator plans to sell 200,000 shares valued at approximately $17.15 million, and Chief Development Officer Brannin McBee executed sales of roughly 134,000 shares at prices between $70.53 and $85.62. The stock is set to report Q2 earnings on August 11, with consensus expecting revenue growth of approximately 137% year-over-year.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | CoreWeave Plunges 5.11% in Pre-market as SpaceX GPU Supply Fears and Insider Selling Weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | CoreWeave Plunges 5.11% in Pre-market as SpaceX GPU Supply Fears and Insider Selling Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-08-06 21:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CoreWeave, Inc. (CRWV) shares tumbled 5.11% in pre-market trading on Thursday, as a confluence of negative headlines pressured the AI cloud provider's stock.</p><p>The decline was fueled by a BNP Paribas analyst warning that SpaceX's aggressive AI compute expansion plans could tighten GPU supply, potentially squeezing chip allocation for CoreWeave despite its strategic partnership with NVIDIA. Analysts cautioned that if NVIDIA prioritizes its close collaboration with SpaceX, even strategic partners like CoreWeave may face reduced GPU allocations, raising concerns about the company's future compute supply security.</p><p>Adding to the downward pressure, Citi recently lowered its price target on CoreWeave from $158 to $142, while insider filings revealed that CEO Michael Intrator plans to sell 200,000 shares valued at approximately $17.15 million, and Chief Development Officer Brannin McBee executed sales of roughly 134,000 shares at prices between $70.53 and $85.62. The stock is set to report Q2 earnings on August 11, with consensus expecting revenue growth of approximately 137% year-over-year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRWV","symbol_name":"CoreWeave, Inc.","start_time":0,"source_url":"","article_id":"1105319624","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105319624","pubTimestamp":1786022913,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"CoreWeave, Inc. (CRWV) shares tumbled 5.11% in pre-market trading on Thursday, as a confluence of negative headlines pressured the AI cloud provider's stock.The decline was fueled by a BNP Paribas...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRWV":"CoreWeave, Inc."},"translate_title":"股票跟踪 | 受 SpaceX GPU 供应担忧和内部抛售影响，CoreWeave 盘前暴跌 5.11%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/287ee8704495182875c21fc423c7989b","symbols_score_info":{"CRWV":1},"content_text":"CoreWeave, Inc. (CRWV) shares tumbled 5.11% in pre-market trading on Thursday, as a confluence of negative headlines pressured the AI cloud provider's stock.The decline was fueled by a BNP Paribas analyst warning that SpaceX's aggressive AI compute expansion plans could tighten GPU supply, potentially squeezing chip allocation for CoreWeave despite its strategic partnership with NVIDIA. Analysts cautioned that if NVIDIA prioritizes its close collaboration with SpaceX, even strategic partners like CoreWeave may face reduced GPU allocations, raising concerns about the company's future compute supply security.Adding to the downward pressure, Citi recently lowered its price target on CoreWeave from $158 to $142, while insider filings revealed that CEO Michael Intrator plans to sell 200,000 shares valued at approximately $17.15 million, and Chief Development Officer Brannin McBee executed sales of roughly 134,000 shares at prices between $70.53 and $85.62. The stock is set to report Q2 earnings on August 11, with consensus expecting revenue growth of approximately 137% year-over-year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}