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0 0.00128932439401764 0.00567302733367712 0.00825167612171223 0.00257864878803511 -0.00206291903042801 -0.0211449200618876 -0.0103145951521402
Stock impact report

CoreWeave's revenue more than doubles as AI buildout expansion accelerates [CNBC]

Core Scientific, Inc. (CORZ) 
Company Research Source: CNBC
The company won an expansion from a large unnamed company during the quarter, in addition to deals with Meta and OpenAI. CoreWeave shares have soared 164% since the company's IPO in March. In this article Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images CoreWeave , a provider of infrastructure for artificial intelligence companies, reported better-than-expected third-quarter revenue on Monday. Here's how the company did in comparison with LSEG consensus: Earnings: Loss of 22 cents per share Revenue: $1.36 billion vs. $1.29 billion expected Revenue in the quarter soared 134% from $583.9 million a year ago, according to a statement . The company reported a net l Show less Read more
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