Wall Street Breakfast

Nvidia-backed CoreWeave aims to raise $2.7B in IPO

Mar 20, 2025
CoreWeave's ambitious IPO, backed by Nvidia, aims for a $26 billion valuation, though expectations have been scaled back. Surprising trends emerge in existing home sales, hinting at shifts in the housing market. Accenture raises concerns about the impact of DOGE contracts on future profits. Meanwhile, Jabil shows strong performance with positive forecasts for 2025, and Microsoft garners favorable analyst ratings as investments in AI surge. The discussion highlights the shrinking AI valuation premium and the need for strategic investment approaches.
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