CoreWeave: $67 to $108 in 5 Sessions - What Now?
The First Phase II AI Rocket
On May 14th, I said CRWV 0.00%↑ was reminding me a lot of ARM post-IPO - “strong narrative, clean structure, and flow building fast.”
That night, it closed at $67.46. Five trading sessions later, it’s just hit $108.80 - a 61% move.
It wasn’t luck, this was positioning.
Before we dive in...
If you missed the last few posts — you missed plenty.
And if you want to learn about FX - this is what I wish I had when I started off…
Anyway… CRWV earned its place in my Phase II AI Basket for a reason. While Phase I names like NVDA, SMCI, and ARM rode the initial AI picks and shovels, infrastructure hype, Phase II is about AI becoming tangible - real products, real revenues, real leverage now. CRWV is a textbook enabler of that shift, providing the compute backbone for the next wave of deployment. They’re not pitching a dream, they’re provisioning real GPUs, with real clients, and real margins.
The float is tight, demand is sizeable, and the bid hasn’t slowed. It’s also got one of the cleanest tapes in this AI cohort - something most people overlook until they’re chasing green candles.
I flagged >$100 as “not crazy” when it was still mid-60s. It got there in under a week.
This kind of price action tells me three things:
The market was starved for fresh liquid AI narratives.
Smart money was waiting for a name like this to deploy size.
This name is hated (25% short interest)
So where does it go from here?