CoreWeave goes public, but the hype didn’t follow

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☀️ Happy Sunday!


In this newsletter we're diving into:

💰 Why this $20B investment signals a bigger economic shift
📊 The IPO everyone watched (and what the price tells us)
🇨🇳 The White House's new tech crackdown hits 50+ companies

Plus, a deep look at Toupee Fiasco's latest move shaking up auto stocks.


Make yourself comfy 🛋️ and let's get into it...


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    Market Crowd

    How the market crowd did this week.

    Dow

    41,583.90
    -401.45
    -0.96%

    S&P

    5,580.94
    -86.62
    -1.53%

    Nasdaq

    17,322.99
    -461.06
    -2.59%

    *As of market close on Friday, March 28th.


    Pre-market Play

    A beat to start your week.

     
    Tom Ford
    Jay-Z
    0:47 3:45
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    Do you know which stocks have a trend of going up over the next week? You will with this tool!


    When hype meets reality...

    And the price tag gets checked.

    CoreWeave's grand entrance to Wall Street turned into more of a side shuffle.


    CRWV priced its initial public offering (IPO) at $40 - way below the planned $47-$55 range - raising $1.5 billion and landing a $19 billion valuation.


    The numbers tell a wild story.


    Revenue jumped 737% to $1.92 billion in 2024, with Microsoft (MSFT) making up 62% of that bag.


    But them losses? $863 million deep.


    Plus they're sitting on $8 billion in debt from stacking them Nvidia (NVDA) chips.


    Speaking of chips, the 250,000 Nvidia GPUs CRWV has on hand looking kinda dated now that NVDA's CEO saying the new Blackwell chips make Hoppers look like yesterday's news.


    When your whole business model depends on renting out processing power, that's not the flex you want.


    The stock closed flat at $40 on its first day, with the Nasdaq down 2.7%.


    Between Trump's tariff drama and market skepticism, this IPO hitting different than ​Goldman Sachs predicted​.


    🥡 The Takeaway: Watch how CRWV handles its aging GPU fleet and heavy debt load before jumping in. Sometimes the hottest IPOs need time to simmer.


    Made in America moves...

    As foreign companies sprint to dodge them tariffs.

    Hyundai Motor Company (HYMTF) ain't playing around with this trade war talk.


    The South Korean auto giant's about to drop $20B on U.S. soil​ faster than you can dodge a pothole.


    We're talking a $5B steel plant in Louisiana bringing 1,500 jobs, plus a third auto plant in Georgia.


    HYMTF's CEO José Muñoz spilled the tea - "increasing localization" is their move to sidestep them tariffs.


    This ain't no solo mission either. Taiwan's TSMC and Japan's Softbank have been making their White House pilgrimages too, all trying to beat Toupee Fiasco's April 2 tariff deadline.


    HYMTF's already got two U.S. plants pumping out EVs to compete with Tesla (TSLA), but this move? It's about to turn them into America's favorite "foreign" automaker.


    🥡 The Takeaway: Watch for ripple effects across EV and steel stocks when this deal gets the White House stamp on Monday.


    Beijing's timeout...

    While Uncle Sam puts Chinese tech in the penalty box.

    The U.S. Commerce Department dropped a bombshell on Chinese tech, adding 80 organizations to their "no-fly" list - with more than 50 from China.


    Think of it as the world's most exclusive club nobody wants to join.


    These companies caught Uncle Sam's attention for playing around with AI, supercomputers, and quantum tech in ways that made Pentagon pencil-pushers nervous.


    The Commerce Department ain't playing games, especially when it comes to military tech.


    Wall Street's watching NVIDIA (NVDA) and Advanced Micro Devices (AMD) extra close now. These chip makers might need to find new customers since their advanced semiconductors are getting more attention than a new iPhone drop.


    🥡 The Takeaway: Keep an eye on U.S. chip makers - this tech trade timeout might shake up their revenue streams.


    💫 TMYK

    What does "liquidity" refer to?

    a.) The profitability of a company

    b.) The ability to buy or sell an asset quickly

    c.) The stability of a stock

    See answer


    Gimme some mo’

    More news from 'round the market.


    📊 Consumer mood hits the brakes
    Consumer sentiment drops 11.9% as inflation fears reach levels not seen since 1993 [​Link]

    🚗 Trump's tariff talk rattles auto stocks GM (GM) and Stellantis (STLA) shares drop after Trump announces 25% tariff on imported vehicles and parts [Link]

    💊 Eli Lilly's weight loss game plan Eli Lilly (LLY) prepares to release data on its oral weight loss drug, targeting a $150B market opportunity [​Link]

    🤖 Amazon's AI shopping spree Amazon (AMZN) tests new AI shopping and health assistants to enhance customer experience across its platform [Link]


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    Market Outlook

    A look at how the market does historically over the next week.

    Dow

    Up 8 out of the last 15 years

    S&P

    Down 8 out of the last 15 years

    Nasdaq

    Down 8 out of the last 15 years

    Data provided by Swingset​.


    💫 TMYK - Answer

    What does "liquidity" refer to?

    b.) The ability to buy or sell an asset quickly

    🧠 Simply put: Liquidity refers to how easy it is to buy or sell a stock. Think of it like trying to sell concert tickets - popular artists are easy to flip (high liquidity), while that obscure underground artist's tickets might be harder to unload (low liquidity).


    To wealth in every sense of the word,