Investors have been searching for the next breakout stock following the success of names like Palantir (PLTR) and Nvidia ...

"CoreWeave exists because Nvidia wants it to exist," said an analyst describing how the chipmaker aims to pressure cloud ...

On the positive side, the analyst noted that CoreWeave has a low-cost, high-density infrastructure used initially for bitcoin ...

On Wednesday, shares surged after the Nvidia-backed company announced a $2 billion debt offering that matures in June 2023, with the notes yielding 9.25%. The raise came in half a billion dollars ...

While investor optimism sent the stock's price rallying, there are positions on the other side of the trade. Dusaniwsky noted that it's a crowded stock that's now "very squeezable" with a "squeeze" ...