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Stock price polarization between Big Tech and neo-cloud companies amid data center regulatory concerns

The Wall Street Journal +1 · ·by G4L

CRWV
CRWV CoreWeave Inc
$48.98 +5.56%
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  1. 1Microsoft and Amazon recorded gains of over 6% in Wednesday trading.
  2. 2CoreWeave shares showed a decline of approximately 10% in Wednesday trading.
  3. 3Gina Hinohara promised to halt new data center approvals.

So what's the key point?

Stock prices moved in different directions because of a decision to stop building new data centers. Microsoft and Amazon rose, but CoreWeave fell by about 10 percent.

Source The Wall Street Journal +1 · View original ↗

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