
CoreWeave Shares Drop 10% Despite 207% Q2 Revenue Surge and Raised Guidance
CoreWeave's shares dropped 10% after Q2 earnings showed $1.21 billion revenue—a 207% surge—but a $290.5 million net loss amid $2.9 billion in capital expenditures. Heavy debt and expansion risks loom, yet executives raised full-year guidance to $4.9-5.35 billion. The AI boom's sustainability remains uncertain.
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