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CRWV Downgrades, "Stretched" Bank Stocks, COF Upgrade

CRWV Downgrades, "Stretched" Bank Stocks, COF Upgrade

Schwab Network · Schwab Network

July 8, 20259m 21s

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Show Notes

Diane King Hall joins Sam Vadas at the NYSE set with several early movers on the radar. First up: CoreWeave (CRWV) as shares fall a day after its announced takeover of Core Scientific (CORZ). Multiple analysts have downgraded CRWV as shares have surged after its IPO in March. Meanwhile, HSBC has downgraded multiple major U.S. bank stocks including JPMorgan Chase (JPM), Bank of America (BAC) and Goldman Sachs (GS). Diane shares the analyst's concerns about "stretched valuations" for the financial giants. Then, she reports that Capital One (COF) received an upgrade to a Buy rating at TD Cowen.


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