CoreWeave Stock and 2 U.S. AI Infrastructure Stocks Investors Should Watch

U.S. tech stocks are entering a hectic period with everything from the nation’s 250th anniversary celebrations, Alphabet’s entry into the Dow Jones Industrial Average, new tech IPOs, the June jobs report, and the central bank’s focus on AI. Together, these events could change the way money moves across America’s big tech companies, from long-standing giants like Alphabet to more recent companies that have gone public. In this article, we discuss three U.S. technology sector stocks from our screener that we believe are closely related to this news stream. This will help you assess which opportunities are worth considering in more detail and which are best avoided for now.

Coreweave (CRWV)

overview: CoreWeave is an American cloud infrastructure company that provides highly specialized computing power and software to run complex artificial intelligence workloads at scale. It provides AI developers and enterprises with access to GPUs, CPUs, storage, networking, and tools such as Kubernetes services and Weights & Biases on the CoreWeave Cloud platform.

operation: CoreWeave generates US$6.2 billion in revenue primarily from data processing, of which approximately US$5.8 billion is generated from customers in the United States and approximately US$500 million from other countries.

Market capitalization: $52.7 billion

CoreWeave is at the center of today’s AI buildout, providing GPU-intensive cloud infrastructure to major customers as the U.S. technology sector gains traction. The company has secured very large multi-year contracts and a significant backlog, backed by connections with players such as Nvidia and leading AI labs. This helps explain why analysts expect Coreweave to see strong revenue growth, even though it remains unprofitable and has significant debt that it has raised to fund its expansion. Although its P/S is below many of its peers, with high stock price volatility, insider sales, and a capital-intensive model that relies on keeping its hardware up to date, this stock offers a strong combination of growth exposure and balance sheet risk that investors may want to understand more before deciding how it fits into a technology-heavy portfolio.

While CoreWeave’s surging AI demand and multi-year commitment may seem like a simple growth story, its capital-heavy model and debt load tell a more complex story, one that’s evident in 1 key reward and 3 key warning signs.

Zenatec (ZENA)

overview: ZenaTech is an enterprise software and AI drone company that builds cloud-based applications for sectors such as healthcare, public safety, and contact centers, while also developing drones, drones-as-a-service, and quantum computing solutions for commercial, industrial, and government customers around the world.

operation: ZenaTech currently generates approximately CA$17.5 million in revenue from Drone as a Service and CA$2.7 million in revenue from enterprise software.

Market capitalization: 121 million USD

ZenaTech operates at the intersection of current interests in AI, automation, and defense technologies, combining a growing Drone as a Service footprint with enterprise SaaS and new products such as the IQ Quad platform and Zoo Office AI productivity suite. The company is growing through acquisitions and new contracts, entering index benchmarks such as the Russell 3000, and positioning its drones for Blue UAS certification. Additionally, the company remains in the red, relies heavily on risky financing, and has a complex capital structure that can result in shareholder dilution. A key consideration for investors watching U.S. tech stocks is whether ZenaTech can develop a durable platform, rather than remaining primarily a collection of earned revenue.

ZenaTech’s mix of drone, SaaS, and quantum projects may make its story seem disjointed, but the key question is what the numbers say about its path, as detailed in ZenaTech’s analysis report.

Boost run (BRUN)

overview: Boost Run provides cloud infrastructure tailored for AI and high performance computing, offering GPU compute, CPU nodes, managed Kubernetes, shared storage, networking fabric, and links to large public cloud providers from a US-based platform.

operation: Boost Run currently generates approximately US$33.7 million in revenue from computer services, all from customers in the United States.

Market capitalization: $2.1 billion

Boost Run has a direct stake in the current AI infrastructure story, with $940 million in long-term contracted revenue, a growing data center footprint, and new Nasdaq exposure just as technology volumes focus on major U.S. and AI-related events. At the same time, the company remains in the red, relies heavily on risky borrowings, has experienced significant shareholder dilution, and is governed by a very new, non-independent board of directors, raising questions about its execution and governance. For investors, the tension between strong revenue growth, big deals like the Thinking Machines deal, and past going concern flags is what makes Boost Run worth a closer look to see if the potential rewards really outweigh the risks.

Boost Run’s accelerating contract revenue and new Nasdaq exposure sit side-by-side with a history of dilution and going concern flags, so it’s important to understand how the trade-offs stack up to 3 major rewards and 2 key warning signs (2 are major!).

The stocks mentioned here are just a starting point. Our complete screen of the US technology sector identifies 11 more large-cap stocks with equally compelling stories that we haven’t seen yet in this article. All of these are captured within the US Technology Sector Stock Screener.

Use Simply Wall St to pinpoint and analyze the catalysts, balance sheet profiles, and growth stories that matter to you. This will help you focus on the highest-conviction ideas in this US Technology Sector Stocks theme.

Take control of your investment journey

If you think Boost Run or any of these companies is a great opportunity, sign up for free on Simply Wall St and add the companies to your watchlist to watch stock prices relative to fair value, an ideal entry point. Once migrated, manage your holdings with a portfolio command center that filters out the noise and delivers only the most important and actionable updates. Our community allows you to filter the best ideas from thousands of investor perspectives throughout your journey. Discover hidden catalysts and risks early to accelerate decision-making and stay ahead of the market.

Looking for a fresh alternative beyond technology?

New stock buzz can go from quiet to skyrocketing quickly. Timing is important, but consider acting early, as the most attractive entry points often appear before you get noticed.

• Find companies that are quietly gaining momentum in AI and automation by reviewing 29 hand-picked robotics and automation stocks before the trend becomes widely recognized.
• Target resilient cash generators with high income potential before market conditions change with our 8 hand-picked dividend fortresses.
• Look for early AI infrastructure anchors with these 51 hottest AI infrastructure stocks while many of these stocks are still under the radar.

This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.

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