CoreWeave’s new strategic financing head, CrowdStrike downgrade

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It’s time for your Yahoo! Finance’s Market Minute. Stocks edging higher as investors try to hold on to that risk-on rally. Disappointing economic data, higher steel and aluminum tariffs, as well as US-China trade tensions putting some pressure on sentiment. CoreWeave shares extending gains today, the stock surging over 20% Tuesday on news of a $7 billion data center deal with Applied Digital. This morning, the company announcing a new chief architect of strategic financing as it looks to drive its next phase of growth. Meanwhile, CrowdStrike getting a downgrade from Bank of America to neutral from buy. The analysts saying they expect the company’s growth to decelerate. This comes off the back of CrowdStrike’s disappointing revenue forecast. The cybersecurity firm is spending millions on customer retention efforts following last summer’s widespread outage. That is your Yahoo! Finance Market Minute. For more on what’s trending on Yahoo! Finance, you can scan the QR code below where you can track the best and worst performing stocks of the session.


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