The ISS has advised investors to reject the proposed deal between CoreWeave and Core Scientific, raising concerns about the potential implications for shareholders. This recommendation highlights the ongoing scrutiny of mergers and acquisitions in the tech industry, emphasizing the need for careful evaluation of such partnerships. Investors should take note of this guidance as it could significantly impact the future of Core Scientific.

Core Scientific Inc. saw a significant rise in its stock price after a prominent proxy adviser opposed a takeover bid from CoreWeave Inc., arguing that it undervalues the company. This development is important as it highlights the ongoing discussions around the valuation of data center companies and could influence future investment strategies in the tech sector.