CoreWeave stock slips as Burry revives dot-com bubble parallels

CoreWeave stock slipped premarket after Michael Burry compared it to Level 3 Communications, warning of dot-com bubble parallels. This follows a recent 18% plunge due to missed earnings and aggressive capex plans. However, CEO Mike Intrator defended the AI demand cycle. Despite Burry's skepticism, Wall Street analysts remain bullish, predicting significant potential upside.