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CoreWeave Surges Over 15% on 2Q Revenue Beat

MarketWatch +1 ·

CRWV CoreWeave Inc
$91.72 +4.95%
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  1. 1CoreWeave (CRWV) shares jumped more than 15% in early Wednesday trading after the company beat 2Q revenue expectations and raised its 2026 outlook.
  2. 22Q revenue came in at $2.58 billion, up 112% year-over-year, while the order backlog expanded 246% to $104.2 billion.
  3. 3The company raised its 2026 capital expenditure guidance to $35–$39 billion and posted a net loss of $626 million as it expanded its data center footprint.

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