NextEra Energy stock rises after Google power deal report
CoreWeave, Inc. (CRWV) CEO and President Michael N Intrator, has sold 49,023 shares of Class A Common Stock on October 22, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, executed under a 10b5-1 trading plan, totaled $9,777,139. The prices for these shares ranged from $115.2366 to $124.0967. The transaction comes as CoreWeave’s stock has seen remarkable growth, with a 242% return year-to-date, though InvestingPro analysis indicates the stock is currently trading above its Fair Value.
The filing also indicates that 50,000 shares of Class A Common Stock were acquired indirectly through conversion of Class B Common Stock by Omnadora Capital LLC, an entity for which Intrator serves as the sole manager of its manager.
Following these transactions, Intrator directly holds 7,023,510 shares of CoreWeave’s Class A Common Stock. In addition, Omnadora Capital LLC holds no shares of Class A Common Stock and 25,399,280 shares of Class B Common Stock.
In other recent news, CoreWeave has announced the appointment of Jon Jones as its first Chief Revenue Officer. Jones brings over two decades of technology leadership experience, including his previous role as Global Head of Startups and Venture Capital at Amazon. Additionally, CoreWeave has secured a partnership with Poolside to provide over 40,000 GPUs under Nvidia systems, with Evercore ISI estimating this deal could add approximately $5 billion to the company’s backlog.
The company is also planning a massive data center complex in West Texas, named "Horizon," in collaboration with AI startup Poolside. This facility is set to leverage natural gas from the Permian Basin to power a data center with two gigawatts of computing capacity. Furthermore, CoreWeave has launched Serverless RL, a managed reinforcement learning platform, marking its first collaboration with the recently acquired OpenPipe. This new service aims to simplify AI agent training by allowing users to scale reinforcement learning across multiple GPUs with minimal setup.
According to CoreWeave, the platform offers nearly 1.4x faster training times and 40% lower costs compared to traditional environments.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.