CoreWeave Shares Fall 16.82% as AI Stocks Drop at U.S. Open

CoreWeave shares fell 16.82% as U.S. trading opened Thursday, leading declines among AI-linked stocks. The crypto-adjacent computing company posted the steepest loss of the four named AI-related companies.

At 9:31 a.m. ET (14:31 UTC), the Dow Jones Industrial Average was up 0.22%. The S&P 500 had fallen 0.79%, and the Nasdaq Composite was down 1.53%, the largest drop among the three major U.S. indexes.

Losses extended across other AI-linked companies. Super Micro Computer dropped 9.86%, Dell fell 7.87% and Marvell declined 6.85% at the open. Each of those companies posted a smaller loss than CoreWeave.

All four AI-linked company stocks opened lower, but the broader indexes were split. The Dow was the only gainer, while the S&P 500 and Nasdaq Composite were in negative territory. That contrast put steep losses among AI-related shares alongside mixed trading in the wider U.S. market. The figures capture the opening move, not the full Thursday session.