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CoreWeave last year tried to acquire Core Scientific for $5.75 a share, which at the time valued the business at north of $1 billion. Core Scientific rejected the proposal as too low.

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The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.

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Best Intel The Intel Core i5-12600K is an incredible mid-range CPU that beats older Ryzen 5 competitors in most benchmarks. DDR5 RAM and PCIe 5.0 support are still here with the same LGA 1700 socket.

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