US EditionPublished • loading... • Updated
CoreWeave shares slip 8% as quarterly revenue guidance disappoints
CoreWeave plans up to $35 billion in 2026 capital expenditures amid a 110% revenue increase, but wider losses and softer guidance raised investor concerns.
- CoreWeave, an artificial intelligence cloud provider, saw its shares drop 8% in after-hours trading despite beating fourth-quarter revenue expectations.
- The company forecast lower-than-expected revenue for the first quarter and plans to nearly double capital expenditures to expand its AI cloud platform.
- CoreWeave, backed by Nvidia, specializes in providing dedicated GPU clusters for training advanced AI models and competes with hyperscalers like Microsoft and Google.
Insights by Ground AI
Podcasts & Opinions
27 Articles
27 Articles
Coverage Details
Total News Sources27
Leaning Left3Leaning Right2Center11Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 19%
C 69%
12%
Factuality
To view factuality data please Upgrade to Premium
