CoreWeave's Strong Results Revive AI Buying, CPI Increase Raises Fed Expectations

CRWV stock is up more than 14% following strong earnings results and a revival in AI buying appetite. The price is above the SMA20 but trading close to the SMA50; with an RSI of 52, it remains far from overbought territory, indicating the sustainability of the rally. Although the MACD is in negative territory, it is approaching the signal line, suggesting momentum is turning. While a CPI increase raising Fed expectations could limit risk appetite in the short term, positive AI-themed news flow supports stock-specific demand. I expect a slight upward bias over the 1-3 day horizon, but caution is warranted due to macroeconomic uncertainty.

CoreWeave's strong results could increase optimism about AI spending and create a basis for a short-term recovery in NVDA. However, the stock has fallen 7.6% in 24 hours, the RSI is at 27.9, in oversold territory, and the price is significantly below the SMA20/SMA50; MACD remains negative. This outlook suggests that news-driven buying may be limited and volatile. The rise in CPI pushing up Fed expectations could suppress risk appetite and limit the upside. Overall, I expect a slightly positive trend, but volume and sustained trading above the 170 level should be monitored for confirmation.