AICoinDeskabout 2 hours ago
CoreWeave surges 16% on $2.58B revenue
1 min read
CoreWeave shares surged 16% after second-quarter revenue more than doubled to $2.58 billion, beating expectations. The company raised its 2026 revenue guidance to $12.4-$13.2 billion and reported a $104 billion backlog. IREN and Cipher Digital gained 5% as AI infrastructure demand outpaced crypto.
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