Scientific News Core Scientific Surges 15 After Latest Coreweave Announcement
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Core Scientific upgraded to Market Perform at Citizens on HPC growth
Citizens upgraded Core Scientific ( CORZ) to Market Outperform from Market Perform as the company's power pipeline gives it a solid foundation to secure additional high-performance compute lease ... Read More
Core Scientific falls short of shareholder votes for buyout by CoreWeave
Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday. The final results of the preliminary vote will be ... Read More
Core Scientific shareholders dismiss $9B CoreWeave deal over valuation worries
Core Scientific Inc. shareholders have voted down a proposed $9 billion takeover bid by CoreWeave Inc., claiming that the acquisition undervalued the data center company. The takeover offer, announced ... Read More
Core Scientific Deal With CoreWeave Terminated After Failing to Secure Shareholder Support
CoreWeave's plans to buy Core Scientific in an all-stock transaction valued at about $9 billion flopped. Core Scientific said the merger agreement has been terminated and it will remain public traded ... Read More
Core Scientific Just Rejected CoreWeave’s Bid. Should You Buy CRWV Stock Here or Stay Far Away?
Artificial intelligence (AI) data center provider CoreWeave (CRWV) just faced a major setback in its expansion journey. The company’s ambitious $9 billion all-stock deal to buy crypto miner Core ... Read More
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
Investment bank Macquarie upgraded Core Scientific (CORZ) to outperform from neutral and hiked its price target on the stock nearly 90% to $34 from $18 following the collapse of the CoreWeave (CRWV) ... Read More
CoreWeave Offered a Crypto Miner $9 Billion to Gain Data Centers—But Got Rejected
Crypto miner Core Scientific terminated a $9 billion deal yesterday for its sale to AI cloud-computing company CoreWeave. After months of investor and proxy campaigns battling the agreement, ... Read More
AI mania tanks CoreWeave’s Core Scientific acquisition — it buys Python notebook Marimo
Core Scientific shareholders on Thursday voted down an all-stock acquisition offer from partner and competitor CoreWeave that was valued at the time at $9 billion. They did so following a vote-no ... Read More
Core Scientific: Walking Away
Core Scientific trades at all-time highs ahead of a key shareholder vote on the proposed CoreWeave merger. The fixed exchange ratio undervalues CORZ shares, with the market speculating the deal will ... Read More
Core Scientific Deal With CoreWeave Terminated After Failing to Secure Shareholder Support
CoreWeave’s CRWV-4.14%decrease; red down pointing triangle plans to buy Core Scientific CORZ 2.95%increase; green up pointing triangle in an all-stock transaction valued at about $9 billion flopped. Read More
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