Stock Track | CoreWeave Plunges 5.01% in Pre-Market Amid AI Sector Selloff Triggered by Oracle's Capex Woes

Stock Track12-11

CoreWeave, Inc. (CRWV) saw its shares drop 5.01% in pre-market trading, mirroring a broader decline in AI-related stocks after Oracle's gloomy forecasts and higher capital expenditure plans reignited concerns about an AI bubble.

The selloff was triggered by Oracle's warning of a $15 billion increase in capex for fiscal 2026, which spooked investors across the AI sector. Peers like Nvidia, Microsoft, and Micron also fell in pre-market trading as tech investors questioned valuations and the timeline for returns on massive AI investments.

While not directly tied to the pre-market movement, CoreWeave had also faced selling pressure earlier due to insider share disposals, adding to negative sentiment around the stock.

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