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CoreWeave, Nvidia-Backed Firm's Loss

CoreWeave Stock Drops as Nvidia-Backed Firm's Loss Exceeds Forecasts

The company posted a second-quarter loss of $0.60 per share, while analysts surveyed by Visible Alpha had anticipated a loss of $0.45 per share. Revenue soared 207% year-over-year to $1.21 billion, beating estimates.

Reuters on MSN · 4d

CoreWeave shares drop as growing losses eclipse AI demand surge

By Rashika Singh (Reuters) -CoreWeave shares fell 11% on Wednesday after the Nvidia-backed company posted a bigger-than-expected loss, raising doubts about its ability to keep costs under check amid robust AI demand.

24/7 Wall St. · 3d

CoreWeave Tanks 15% Despite AI Growth Surge. Time to Back Up the Truck?

Mixing Stellar Growth With Stinging Losses CoreWeave (NASDAQ: CRWV) is a leading AI cloud computing provider that just released its second-quarter earnings and delivered a bittersweet story. The data center operator obliterated revenue expectations,

CoreWeave: The First AI Bubble Domino Falls (Rating Downgrade)

CoreWeave faces fierce competition from cloud giants like Microsoft, Google, and Amazon. Read more on what investors can ...

CoreWeave's Q2 miss raises bar for Nvidia earnings expectations

CoreWeave (CRWV) stock is plunging after the artificial intelligence (AI) cloud computing company's second quarter report ...

TipRanks on MSN23h

Cathie Wood Buys the Dip in CoreWeave Stock (CRWV) While Wall Street Remains Cautious

CoreWeave ($CRWV) stock has plunged nearly 33% since the company announced its second-quarter results. The artificial ...

11h

CoreWeave: Further Upside Momentum Is Possible

CoreWeave is uniquely positioned in the GPU cloud market, with strong revenue growth and Nvidia-endorsed infrastructure. Read ...

5don MSN

How CoreWeave Bought and Borrowed Its Way to AI Domination

One of the AI boom’s big winners, CoreWeave borrowed billions, struck deals with Nvidia and OpenAI, and went public. Can it ...

21h

Billionaire Fund Manager Doubles Down on Nvidia and Key AI Stack Play

Billionaire Philippe Laffont has significantly ramped up his investments in Nvidia and its leading AI-cloud collaborator, CoreWeave.

24/7 Wall St.14d

With Nvidia's Fresh Stake: Is CoreWeave (CRWV) the New Cloud Powerhouse to Bet On?

Whenever AI top dog Nvidia (NASDAQ:NVDA) places a bet, it’s hard not to be tempted to follow suit, especially given Jensen ...

Nvidia-backed CoreWeave Shows Scale As Profit Lags

Nvidia (NVDA)-backed CoreWeave (NASDAQ:CRWV) beat on revenue in Q2, but a wider loss had shares down about 5% after hours as ...

CoreWeave Stock Plunges Nearly 10% In Wednesday Pre-Market: What's Going On?

CoreWeave Inc (NASDAQ: CRWV) stock plunged 9.82% during Wednesday pre-market, after its second quarter revenue exceeded projections but earnings per share (EPS) falling short.

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