Why These 15 AI Stocks Are Plunging So Far in 2025

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4. Core Scientific Inc (NASDAQ:CORZ)

Number of Hedge Fund Holders In Q4 2024: 66

Core Scientific Inc (NASDAQ:CORZ) is a crypto mining company. Crypto mining companies across the board are pivoting to AI and HPC in the hopes that this will push their stocks back up.

The stock is down significantly so far in 2025 as not only are crypto miners struggling to mine Bitcoin post-halving, but their shift to data centers and HPC makes investors twice as nervous in the current environment. Investors are increasingly becoming nervous about AI and many AI stocks have corrected by double digits.

Core Scientific reported a $265.5 million net loss in Q4 2024. This widened from $195.7 million in the previous year while revenue fell 33% year-over-year to $94.9 million.

The consensus price target of $19.07 implies 90.29% upside.

CORZ is down 28.26% year-to-date.

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