Follow UsCoreWeave stock jumps 15% premarket after Q3 revenue beats estimates
Bullish+0.02%
11 Nov, 13:02
Source: Cointelegraph
AI Summary
CoreWeave reported a massive 168% revenue jump and a $132.5 billion backlog, driving a 15% premarket stock surge and highlighting strong demand for AI cloud infrastructure.
CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%. Its revenue backlog reached $132.5 billion.