Tech stocks fall amid funding concerns and AI trade volatility
CRWV CoreWeave Inc
$61.39 -11.91%
View chart & analysis → - 1The technology sector (XLK) was hit this week as funding concerns grew.
- 2CoreWeave and Nebius saw weekly declines of more than 25%.
- 3Nvidia holds approximately a 10% stake in CoreWeave.
So what's the key point?
Tech stocks fell due to worries that it might become harder to borrow money. Nvidia was affected because it holds a 10% stake in CoreWeave.
Source Yahoo Finance · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.