CoreWeave is expected to IPO today and they already had to reduce its offering price to $40 per share down from the expected pricing range of $47-$55 per share.
NIA mentioned CoreWeave for the first time on August 30, 2023, in an alert entitled 'Upcoming CoreWeave Scandal'. NIA explained in its alert, "It looks like Nvidia (NVDA) and some powerful people on Wall Street have setup a fake company CoreWeave to buy billions of dollars of NVDA GPU chips to inflate NVDA's revenue/earnings and create an artificial shortage of GPUs for the purpose of manipulating NVDA higher to keep the stock market propped up!"
On September 19, 2023, NIA sent out an alert entitled 'Financial Engineering Throughout the Economy'. NIA explained in this alert, "Notice how Nvidia beat revenue guidance last quarter by $2.3 billion. On the final day of the quarter, CoreWeave, formerly Atlantic Crypto Corporation a tiny NJ based Ethereum mining company, received a $2.3 billion loan from Magnetar Capital and Blackstone to buy $2.3 billion worth of Nvidia GPUs, with the loan backed by the same GPUs they purchased. Magnetar Capital is the same firm that was responsible for extending the housing bubble for as long as possible through the creation of CDOs. Look up the "Magnetar trade". Gold's largest rally in history is coming. New all-time highs will be here shortly."
CoreWeave was also the largest shareholder in a penny stock pump and dump scam Sysorex:
Preparing Americans for Hyperinflation
