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0 -0.00114565342544616 -0.00287852619458841 -0.00287852619458841 -0.00287852619458841 -5.75705238916332E-06 -0.00172711571675309 -0.00287852619458841
Stock impact report

Investor Outlook: CoreWeave shares slide as analyst warns data centre delays could destroy value [BNN Bloomberg (Canada)]

Core Scientific, Inc. (CORZ) 
Company Research Source: BNN Bloomberg
The company's struggles to expand its data centre capacity have raised doubts about its ability to sustain rapid growth. BNN Bloomberg spoke with Gil Luria, head of technology research at D.A. Davidson, who maintains a sell rating and the lowest price target on the stock. Luria says the company's heavy debt load and operational delays could destroy shareholder value as competition intensifies in the AI infrastructure market. Key Takeaways CoreWeave shares fell after issuing full-year guidance that missed analyst expectations. The company delayed data centre expansion due to construction and supply constraints. A planned US$9-billion acquisition of Core Scientific failed after shareholder opposition. Analyst Gil Luria says high borrowing costs and weak returns are eroding value. Luria maintains a sell rating and US$36 target, warning the firm could face bankruptcy. Read the full transcript below: ROGER: Shares of CoreWeave are under pressure today after the AI cloud-c Show less Read more
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