CoreWeave beats third-quarter revenue estimates on AI computing boom [Yahoo! Finance]
Core Scientific, Inc. (CORZ)
Company Research
Source: Yahoo! Finance
(Reuters) -AI cloud provider CoreWeave beat Wall Street estimates for third-?quarter revenue on Monday, benefiting from surging ?demand for its computing infrastructure that powers artificial intelligence workloads. Shares ?of the company rose about 3% in extended trading. The stock has been volatile since its debut earlier this year, as investors weigh massive ?contract wins against ?heavy spending and strategic setbacks. CoreWeave has cemented its position as a key infrastructure partner ?for the biggest names in technology, landing a string of multibillion-dollar deals that underscore the voracious appetite ?for AI-powering graphics processing units. The company's ?focus on providing high-performance cloud infrastructure specifically for AI has allowed it to capture demand from clients such as Meta Platforms and OpenAI , who are racing to develop and deploy generative AI models. Its ?aggressive expansion plans, however,? hit a snag in ?late October when crypto miner Core S
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CORZ
News
- Core Scientific (NASDAQ:CORZ) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Is Core Scientific's AI Pivot Working? New Investor Takes Big $22 Million Position [Yahoo! Finance]Yahoo! Finance
- Core Scientific (CORZ): Assessing Valuation After Recent Share Price Surge and Major HPC Contract [Yahoo! Finance]Yahoo! Finance
- AI hedge fund Situational Awareness reports stake in IREN, Core Scientific [Yahoo! Finance]Yahoo! Finance
- Meet CoreWeave, the AI industry’s ticking time bomb [Verge, The]Verge, The
CORZ
Earnings
- 8/8/25 - Beat
CORZ
Sec Filings
- 12/1/25 - Form SCHEDULE
- 11/17/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- CORZ's page on the SEC website