CoreWeave Beats Quarterly Estimates, Raises Annual Forecasts as Shares Rally
CoreWeave reported better-than-expected quarterly results and raised its annual forecasts. Its shares rose more than 7% in overnight trading.
CoreWeave delivered better-than-expected quarterly results and boosted its annual forecasts on Tuesday, reviving investor sentiment amid a difficult stretch for the neocloud sector and sending its shares more than 7% higher in overnight trading.Shares of peers Iren Ltd (IREN) and Nebius (NBIS) rall…