AIReutersabout 1 hour ago
CoreWeave Earnings Lift AI Cloud Stocks
1 min read
CoreWeave stock rallied 16% after results showed pricing for Ampere and Hopper infrastructure rose 30%-50% quarter over quarter. Operating margins improved from 1% to 10%, while infrastructure remains sold out through 2027. CFO Nitin Agrawal confirmed sufficient cash flows to service debt without issuing new unsecured debt through 2027, despite maintaining capital expenditures of approximately $37 billion-$39 billion.
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