CoreWeave (NASDAQ: CRWV) is one of the 10 Stocks Crash Hard Alongside Wall Street. Core Scientific snapped an eight-day winning streak on Monday, losing 17.61 percent to close at $14.83 as investors disposed of positions following news that it was being acquired by CoreWeave (NASDAQ: CRWV) for $9 billion.

AI cloud computing giant CoreWeave announced today it has signed a deal to acquire data center provider Core Scientific. AI cloud computing giant CoreWeave announced on Monday it has signed a deal to acquire Core Scientific,

The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential.