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See the full story · 1 sourcesAIPROPX ReportYahoo Finance · 1h ago
CoreWeave Earnings Beat Amid Operating Margin Upside. AI Stock Jumps.
CoreWeave (CRWV) reported a smaller-than-expected, second-quarter loss as operating margins improved. Revenue topped estimates amid strong demand for artificial intelligence computing infrastructure. CoreWeave stock jumped on Wednesday. The Nvidia (NVDA)-backed company reported Q2 earnings after the market close on Tuesday. In the quarter ending June 30, CoreWeave said it lost $1.14 per share vs. a 60-cent loss a year earlier.…