CoreWeave stock slides nearly 19% as $35 billion spending plan jolts investors (CRWV)
CoreWeave shares dropped 19% to $79.09 by midday Friday after the company projected 2026 capital spending of $30–35 billion, more than double 2025 levels. Management warned of near-term margin pressure as it accelerates AI data-center expansion. The company posted a Q4 net loss of $452 million on $1.572 billion revenue. JPMorgan and Stifel cut their price targets, citing margin concerns and higher spending.