BNB$660.07+0.62%BRENT$93.73-0.05%BTC$74,498-1.45%COPPER$6.54+1.18%DJI$52,759-1.32%DOGE$0.0817+1.18%DXY98.73-0.17%ETH$2,347-1.11%GOLD$4,538+0.50%NDX$29,213-0.72%SILVER$69+1.36%SOL$89.39+0.13%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$660.07+0.62%BRENT$93.73-0.05%BTC$74,498-1.45%COPPER$6.54+1.18%DJI$52,759-1.32%DOGE$0.0817+1.18%DXY98.73-0.17%ETH$2,347-1.11%GOLD$4,538+0.50%NDX$29,213-0.72%SILVER$69+1.36%SOL$89.39+0.13%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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CoreWeave Shares Rise 14% on Doubling Revenue and Backlog

Key takeaways

  • CoreWeave's stock increased 14% after Q2 revenue soared 112% to $2.58 billion, with an AI cloud revenue backlog exceeding $104 billion.
#CoreWeave#stock market#AI cloud revenue

Analysis

CoreWeave's stock increased 14% after Q2 revenue soared 112% to $2.58 billion, with an AI cloud revenue backlog exceeding $104 billion.

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