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Launchpool
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Launchpad
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VIP Wealth Hub
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Quant Fund
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New
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GUSD Minting
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US Stock Movement | CoreWeave Drops Nearly 10% Before Market Open, Large Capital Expenditure Sparks Market Concerns
Gelonghui February 27 | Cloud infrastructure provider CoreWeave (CRWV.US) drops nearly 10% before market open, trading at $88.74. According to news, CoreWeave is facing a massive backlog of orders. The company expects capital expenditures of $30-35 billion in 2026, significantly higher than $10.31 billion in 2025. The huge capital spending has raised concerns in the market about the risk of significant short-term losses.