Amazon’s expansion of grocery delivery isn’t the death knell for these stocks. Here’s why | Jim C…

Explore the latest developments concerning Amazon's expansion of.

Amazon's expansion of grocery delivery isn't the death knell for these stocks. Here's why

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Jim Cramer Warns About "A Lot Of Selling" In CoreWeave, Inc. (CRWV)

We recently published 12 Latest Stocks On Jim Cramer’s Radar. CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer recently discussed.

CoreWeave, Inc. (NASDAQ:CRWV), the AI computing infrastructure provider, saw its shares fall by a whopping 33% in August after the firm’s second quarter earnings report saw it post a 27-cent loss, which was higher than the 21-cents analysts were expecting. The massive dip, which came just as CoreWeave, Inc. (NASDAQ:CRWV)’s lockup period expired, indicated just how jittery Wall Street is about AI, as the firm had beaten analyst revenue and revenue guidance estimates. Cramer commented on an “undercurrent” driving CoreWeave, Inc. (NASDAQ:CRWV)’s shares:

I’m Buying CoreWeave’s Insatiable GPU Hunger (Double Upgrade) (NASDAQ:CRWV)

This was surely a heck of a week for CoreWeave (NASDAQ:CRWV) investors.

It started with the Neocloud giant issuing a polarizing Q2 ER, followed by the company suddenly disclosing in

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CRWV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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