CoreWeave Shares Rise Nearly 6% as Financing Eases Debt Concerns
A third-quarter revenue beat and $9 billion in planned prepayments renewed investor confidence. CoreWeave said customer demand outstrips its 2027 capacity by a ratio of 10-to-1.
By Christine JiA third-quarter revenue beat and $9 billion in planned prepayments give investors renewed confidence in CoreWeave's businessCustomer demand outstrips CoreWeave's 2027 capacity by a ratio of 10-to-1, the company said on the earnings call.CoreWeave shares were up nearly 6% in after-hou…