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CoreWeave prepares to raise at least $4 billion through investment-grade loans

Investing.com +1 · ·by G4L

CRWV
CRWV CoreWeave Inc
$60.77 +24.71%
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  1. 1CoreWeave Inc is reportedly preparing an investment-grade loan facility worth $4 billion.
  2. 2CoreWeave Inc has raised its annual revenue guidance range to $13 billion to $13.3 billion.
  3. 3Nvidia shares fell more than 7% amid rumors of governance turmoil, including the potential removal of the CEO.

So what's the key point?

CoreWeave Inc is preparing to take out $4 billion in loans. The company has raised its expected future revenue to as much as $13.3 billion.

Source Investing.com +1 · View original ↗

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