SiliconANGLE · 1 min read

CoreWeave arrests stock slide after posting a strong earnings beat and raising its full-year guidance

CoreWeave arrests stock slide after posting a strong earnings beat and raising its full-year guidance

Neocloud infrastructure darling CoreWeave Inc. delivered an impressive revenue beat and raised its full-year guidance today as it demonstrated that demand for artificial intelligence computing remains strong, pushing its stock higher in late trading. The report comes at a prickly moment for the AI industry as investors increasingly sour on heavily indebted cloud infrastructure startups, […] The post CoreWeave arrests stock slide after posting a strong earnings beat and raising its full-year guidance appeared first on SiliconANGLE.

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