Meta Platforms' $21 Billion AI Deal Looks Massive — Should CoreWeave Stock Be Bought?

The stock experienced a strong rally following news of a large-scale AI agreement with Meta, recording a 22% increase. The RSI approached 70, entering an overbought region, which raises the likelihood of a short‑term consolidation. However, the MACD remains above its signal line and the price is trading well above both the SMA20 and SMA50, indicating that bullish momentum could persist. Given the positive impact of the news and the generally supportive technical indicators, a modest upside or movement to higher levels is expected in the short term.

This development may increase demand for AI‑focused companies’ stocks, encouraging risk‑taking among investors in the technology sector. In Turkey, it could positively reflect on the performance of technology and innovation‑based companies, though overall market sentiment may remain cautious. In the short term, a modest upward trend in markets is expected.