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Stocks making the biggest moves premarket: NVDA, PSKY, RGTI

Stocks making the biggest moves premarket: NVDA, PSKY, RGTI

Check out the companies making the biggest moves in premarket trading: Nvidia — The chipmaker slipped 1.8% after SoftBank disclosed it sold its entire stake in the company for $5.83 billion in October. CoreWeave — Shares sank nearly 8% after artificial-intelligence infrastructure company’s full-year guidance disappointed investors . CoreWeave expects revenue to come in between…

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Once-hot cloud AI play CoreWeave is tanking. A JPMorgan downgrade is adding to the pressure

Once-hot cloud AI play CoreWeave is tanking. A JPMorgan downgrade is adding to the pressure

Near-term supply chain pressures will cap gains for CoreWeave , according to JPMorgan. The bank downgraded CoreWeave, which provides infrastructure for artificial intelligence firms, to neutral from overweight. Analyst Mark Murphy also lowered his price target to $110 per share from $135, signaling just 4% upside ahead. Murphy’s downgrade followed CoreWeave’s third-quarter earnings release ….

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