CoreWeave stock has seen a rise following an upgrade to Buy by Goldman Sachs. The firm highlighted strong contract economics as a reason for the upgrade. Cantor Fitzgerald has also reiterated its positive rating on CoreWeave stock, noting high interest. Tech stocks have been recovering from an AI sell-off, with CoreWeave benefiting from this trend. Goldman Sachs' upgrade comes amid CoreWeave's efforts to address credit worries with global AI expansion. Microsoft's shelving of the Nscale project has also added to the good mood around CoreWeave.
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