CoreWeave reported better-than-expected quarterly revenue and lifted its 2026 guidance on Tuesday, showing that demand for artificial intelligence infrastructure remains strong despite concerns of a market slowdown. The stock advanced in extended trading.
These are the opening lines of CNBC's article, quoted as published. The full story is at CNBC.
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CoreWeave's third-quarter revenue jumped to $3.66 billion from $1.37 billion a year ago, though its net loss widened to $709 million as interest costs rose. CEO Michael Intrator called it a breakout quarter and said about $9 billion in customer prepayments and deposits are expected in the next three months.
