CoreWeave slightly tops Wall Street revenue estimate in Q2

CRWV CoreWeave Inc

$60.77 +24.71%

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1. 1AI cloud company CoreWeave (CRWV) modestly beat Wall Street estimates with its quarterly revenue on Tuesday.
2. 2Total revenue for the second quarter ended June came in at $2.58 billion, surpassing the analyst consensus estimate of $2.56 billion.
3. 3AI computing demand drove the results, while technology and infrastructure costs surged 125% to $1.51 billion.

Source Reuters · View original ↗

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