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Magnetar Financial LLC, a ten-percent owner in CoreWeave, Inc. (CRWV), has reported selling 412,905 shares of Class A Common Stock on October 10, 2025. The sales were executed at prices ranging from $142.02 to $151.31, resulting in a total transaction value of $61,658,723. The sale comes as CoreWeave’s stock has seen remarkable growth, with a 254% year-to-date return and a current market capitalization of $73.4 billion. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
The transactions involved multiple entities, including CW Opportunity LLC, CW Opportunity 2 LP, Longhorn Special Opportunities Fund LP, and Magnetar Alpha Star Fund LLC, collectively known as the Magnetar Funds. Magnetar Financial serves as the investment advisor to these funds and the manager of Magnetar Alpha Star Fund LLC.
Magnetar Capital Partners LP is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC is the general partner of Magnetar Capital Partners, with David J. Snyderman as its administrative manager.
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J Snyderman disclaim beneficial ownership of these shares except to the extent of their or his pecuniary interest therein.
In other recent news, CoreWeave , Inc. announced the launch of Serverless RL, a managed reinforcement learning platform designed to simplify AI agent training. This new service, developed in collaboration with the recently acquired OpenPipe, aims to streamline reinforcement learning across multiple GPUs, promising nearly 1.4 times faster training and 40% lower costs compared to traditional setups. In addition, CoreWeave has agreed to acquire Monolith AI Limited, a firm specializing in AI and machine learning solutions, to enhance its AI cloud infrastructure for industrial applications.
Meanwhile, Evercore ISI has reiterated its Outperform rating on CoreWeave, citing the durability of its GPU cloud business model. The firm highlighted CoreWeave’s multi-year, noncancelable contracts as a key differentiator in the competitive landscape. However, CoreWeave CEO Michael Intrator has ruled out revising the company’s acquisition bid for Core Scientific, indicating that the current offer reflects its valuation. These developments underscore CoreWeave’s strategic efforts in expanding its AI capabilities and maintaining a robust business model amidst sector challenges.
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