CoreWeave Stock Rises Ahead of Q2 Earnings: What's Going On?

CoreWeave Inc (NASDAQ: CRWV ) shares are pushing higher Tuesday as traders position ahead of the AI cloud infrastructure company’s second-quarter results, due after the close. CoreWeave shares are showing limited movement. What’s next for CRWV stock? CoreWeave Heads Into Q2 Earnings After Strong Bookings In Q1 Wall Street is projecting a loss of $1.22 per share on revenue of $2.56 billion when results arrive after the bell, according to Pro. If CoreWeave can meet or exceed analyst estimates, the results would represent continued momentum from the first quarter when revenue reached roughly $2.08 billion, more than doubling from $982 million in the same period a year earlier. Adjusted EBITDA came in at approximately $1.16 billion last quarter, and the company reported a 56% margin. CoreWeave also posted a net loss of $740 million, or $1.40 per share. The company’s back...