The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
WASHINGTON, D.C. — Congressman Jeff Van Drew is calling out New Jersey Governor Phil Murphy and other Democratic governors for what he says is an attempt to shift blame for the Garden State’s energy crisis onto PJM Interconnection, the regional grid operator overseeing electricity for 13 states and Washington, D.C.
the staff of the Ridgewood blog
Princeton NJ, New Jersey-based and Nvidia-backed AI infrastructure company CoreWeave made its stock market debut on Friday, but the launch was far from the success it had hoped for. The company’s initial public offering (IPO) price was set at $40 per share, but shares quickly dipped to $37.50 before recovering to close at their starting price. This underwhelming performance came on a tough day for tech stocks, with the Nasdaq dropping 2.7%, contributing to its worst quarterly performance since mid-2022.
Continue reading NJ’s CoreWeave’s IPO Struggles Amid Market Turmoil and AI Boom
