Today’s open could be tricky. CRWV results are lifting names in the AI infrastructure space.
Today’s open could be tricky. CRWV results are lifting names in the AI infrastructure space. However, not all of these names are built the same. Traders have only to look at yesterday’s action in RIOT, which popped higher on earnings but was sold relentlessly through about 3 pm. Similar ‘Bitcoin miner turned AI infrastructure’ names could get very different treatment than the legacy AI infrastructure plays. Experienced traders will likely continue to distinguish between CRWV and others, like RIOT, HUT, IREN, and CORZ.
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