CoreWeave stock jumps as CEO swats down Nvidia “circular financing” talk
CoreWeave shares rose about 10% to $98.72 Thursday after CEO Michael Intrator denied “circular financing” allegations involving Nvidia. A securities lawsuit was filed the same day, targeting disclosures from March to December 2025. An insider sale by Chief Development Officer Brannin McBee surfaced, with 26,000 shares sold for $2.31 million.