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- Mar 28 Coreweave IPO under a downturn for the market signals valuation concerns
Mar 28 Coreweave IPO under a downturn for the market signals valuation concerns
$BRZE $MP $ADBE
Market
“Coreweave priced its IPO price below initial indications at $40 per share and ended the day flat after a move lower to $38. The IPO valuation and the lower number of shares sold indicates a fatigue among investors in the AI hype” 😊 😋

Markets ended the day lower and over 3% lower for the week
For the last 8 weeks I have been mentioning on the email newsletter that this is the time to take money off the table and sell into any strength. While that may be good short term advice, I also think another 5-7% lower from here provides a good opportunity to buy good company’s share for the long term.
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Insights from the portfolio
Video of the day
Today’s video is on Braze $BRZE ( ▼ 0.19% ) the CRM company that reported solid earnings this week.