Shares of CoreWeave, Inc. (CRWV) are moving up about 8 percent on Tuesday morning trading after it closed an $8.5 billion delayed draw term loan facility, reflecting further reduction in cost of capital and growing institutional confidence in the company's model, execution, and AI adoption.
The company's shares are currently trading at $74.82 on the Nasdaq, up 8.03 percent. The stock opened at $73.00 and has climbed as high as $75.33 so far in today's session. Over the past year, it has traded in a range of $33.51 to $187.00.
The new facility builds on CoreWeave's sustained momentum, including securing equity and debt financing commitments that now total approximately $28 billion in the past one year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.