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CoreWeave jumps 7% in extended trading after Q2 loss narrows, revenue beats

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CRWV CoreWeave Inc
$90.32 +2.42%
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  1. 1CoreWeave (CRWV) shares rose 7% in Tuesday's extended trading
  2. 2Q2 loss per share came in at $1.14, narrower than the expected $1.41, while revenue of $2.58 billion topped estimates
  3. 3Spending on AI computing infrastructure has translated into demand for specialized cloud services, more than doubling revenue and pushing the order backlog to $104 billion

This 3-line summary is compiled from the report below.

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