Coreweave extends rally following deal with Applied Digital
ReutersJun 3, 2025 4:55 PM
Shares of Coreweave CRWV.O surging 16% on Tues, extending gains from Mon, when data center operator Applied Digital APLD.O inked a deal with the cloud services co
APLD on Mon said it entered into two 15-year leases with CRWV, which will generate about $7 bln in revenue for APLD
APLD last up 2.4% after rallying 48% on Mon. Nvidia-backed CRWV on Mon gained 8%
CRWV now up >250% from the $40 price in its March IPO
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