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CoreWeave
· 2 articles
Notable
Follow-up to CoreWeave drops about 10% on midterm results
CoreWeave down 60% in a month before earnings
CoreWeave (CRWV) slid on the midterm results and is down 60% over the past month, with its earnings report coming up. Rival IREN said Microsoft asked it to upgrade network gear, pushing over $4 billion in yearly revenue to at least January. Investors fear debt-funded AI cloud firms will struggle to repay lenders as rates rise.
Sources
Microsoft jumps 7%, CoreWeave falls 10% after midterms
The whole story · updated
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