CoreWeave Rallies, Nike Slips, Simply Good Food Slashes Guidance

On this episode of Stock Movers:

- CoreWeave (CRWV) shares rallied on word that Anthropic agreed to tap data center capacity from it as part of efforts to handle increasing demand for its artificial intelligence services. The multiyear deal will help Anthropic build and deploy its Claude AI models, CoreWeave said Friday in a statement. The capacity will include a variety of Nvidia Corp. chip architectures at data centers in the US, CoreWeave Chief Executive Officer Michael Intrator said. CoreWeave shares jumped 13% to $104.27 at 11:44 a.m. in New York, the biggest intraday rise in more than two months. The stock has gained 46% this year. 

- Nike (NKE) shares edged lower, after Piper Sandler downgraded stock of the sneaker-maker to neutral from overweight on concerns that athleisure is becoming too saturated across the industry. 

- Simply Good Food (SMPL) shares slid as much as 22% after the maker of Atkins and Quest food products slashed its annual forecast as sales for the second quarter fell short of Wall Street expectations.

See omnystudio.com/listener for privacy information.