CoreWeave CEO Michael Intrator sold 78,552 Class A shares at $87.69 on September 30, the same day he told CNBC everything was fine. The Form 4 filing shows that sale was not made under a 10b5-1 plan, while his sales the day before were under one and totaled more than $26 million. The stock now trades at $61.45, down 30.53% over the past week and 54.16% over the past year, and Jim Cramer said people are “terrified.” Second-quarter revenue rose 112.3% to $2.58B, but the net loss widened to -$626M, interest expense climbed to $640M from $267M, and free cash flow was -$5.74B. CoreWeave’s bonds yield about 15%, and Cramer said public debt is the main concern because it could limit the company’s ability to raise capital.
Summary written by Upside AI from the original article. Read the source for full details.
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/14/2026 | 221.30 |
| Change that session | -3.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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