Nvidia Invested in This AI Stock — Now We Know Why
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CoreWeave (CRWV) stock jumped 13% after hours — its first post-earnings rally after falling on each of its last five reports. Q2 revenue hit $2.58 billion, up 112% year over year and ahead of the $2.56 billion estimate, while the adjusted loss of $1.03 per share came in far better than the $1.41 feared. We break down the $104 billion backlog, the 1.5 gigawatts of active power, and whether this quarter finally flips the narrative on the AI cloud’s most volatile stock.
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