CoreWeave (CRWV) saw its stock price skyrocket by 25.19% on Tuesday, June 3, 2025, closing at $150.48. With a limited float and demand still digesting its recent IPO, the stock remains tightly held—fueling strong upward momentum. The price chart is forming a remarkably elegant and bullish pattern.
On May 14, CRWV reported a jaw-dropping 420% year-over-year revenue increase and announced plans to invest between $20 billion and $23 billion in AI infrastructure by the end of the year. In addition, the company has reportedly secured multi-year, large-scale contracts that solidify its long-term growth potential.
Meanwhile, Applied Digital (APLD) surged by 48.46% on June 2 following the announcement of a partnership with CRWV—highlighting the market’s strong reaction to any company linked to massive AI investments.
For now, investors would be wise to keep a close eye on stocks directly tied to the next wave of AI infrastructure spending.
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