Trading Mere Survival for a Chance at Stability

Da’Monya Cavitt tiptoes down the stairs of the house in Vallejo, Calif., that he shares with his father and two other refinery workers. He moves quietly — everyone else works night shifts, and he’s careful not to wake them. The curtains stay drawn. The rooms stay dark. The creaky floors demand attention. There’s no Wi-Fi,…

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CoreWeave Disappoints on Opening of Trading

Shares of CoreWeave, the first artificial intelligence start-up to go public, opened their first day of trading on Friday at $39. That was down slightly from the initial public offering price of $40, which CoreWeave set a day earlier after reducing the size and value of its I.P.O. The company’s share price, trading under the…

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