727 FinancePANews October 16 news: Due to concerns about rising bond yields and debt troubles, CoreWeave Inc.'s stock price plummeted 20% in the first three trading days of this week. On Thursday, Nvidia CEO Jensen Huang expressed confidence in the company, and Deutsche Bank also called the sell-off a "buying opportunity," after which the stock rebounded. Despite the severe market volatility, analysts believe that because demand for AI computing services continues to exceed supply, CoreWeave's stock price still has strong upside potential. Deutsche Bank analyst Brad Zelnick urged investors to snap up the stock before it fully rebounds.
Analysis: CoreWeave stock plunge exposes the divide between fear and greed in the AI market
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