CoreWeave Stock Was a Market Darling. Then These Analysts Downgraded the Shares.

While CoreWeave has gone from strength to strength since its IPO this year, the artificial-intelligence cloud company’s deal to buy data-center infrastructure partner Core Scientific is arousing skepticism on Wall Street. CoreWeave shares have surged fourfold since the March initial public offering, which proved disappointing at first. It said Monday it would acquire Core Scientific in an all-stock deal to boost its data-center capacity.