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CoreWeave revenue beats estimates on AI boom but shares fall on bigger loss
CoreWeave easily topped quarterly revenue estimates on Tuesday as the rapid adoption of artificial intelligence tools boosted demand for its cloud services, but a bigger-than-expected net loss sent its shares slumping 10% after the bell.
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Stock Market Today: Dow Jones Index Rises While Nvidia-Backed CoreWeave Sinks On Earnings (Live Coverage)
The Dow rose 0.7%, or more than 325 points. The S&P 500 gained 0.1% and the tech-heavy Nasdaq composite traded nearly flat, ...
Mixing Stellar Growth With Stinging Losses CoreWeave (NASDAQ: CRWV) is a leading AI cloud computing provider that just ...
CoreWeave reports strong Q2 revenue and issues upbeat future guidance. Here's why CRWV shares still tanked following the ...
CoreWeave (CRWV) stock is plunging after the artificial intelligence (AI) cloud computing company's second quarter report showed wider-than-expected losses. Yahoo Finance Senior Reporter Allie Canal ...
CoreWeave, Inc.'s stock dropped 9% on wider losses despite revenue beat. Click for why CRWV backlog growth impresses and a ...
For Q3, the business expects revenue to fall in the range of $1.26 billion to $1.3 billion, while interest expenses will be ...
CoreWeave reported mixed results for the second-quarter with revenue of $1.21 billion coming in ahead of estimates of $1.08 ...
One of the AI boom’s big winners, CoreWeave borrowed billions, struck deals with Nvidia and OpenAI, and went public. Can it ...
After initially heading lower following the IPO in March, CoreWeave started to soar in May along with the broad market, ...
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