CoreWeave stock jumps as CEO swats down Nvidia “circular financing” talk
New York, Jan 15, 2026, 11:30 ET — Regular session Shares of CoreWeave (CRWV) jumped roughly 10% to $98.72 in late morning trading Thursday, fueled by a fresh wave of interest in AI-related stocks. The move came after CEO Michael Intrator addressed concerns about the company’s funding approach, pushing back on investor questions. This move is significant since CoreWeave now serves as a high-beta proxy for the “AI infrastructure” trade — essentially a wager that demand for computing power remains strong enough to support fast expansion, substantial borrowing, and the occasional rough quarter. The news arrived amid a broader lift