CoreWeave revenue beats estimates on AI boom but shares fall on bigger loss

Cristiana Gigina

CoreWeave easily topped quarterly revenue estimates on Tuesday as the rapid adoption of artificial intelligence tools boosted demand for its cloud services, but a bigger-than-expected net loss sent its shares slumping 10 per cent after the bell. The company currently operates 33 AI data centers across the U.S. and Europe and offers access to backer Nvidia's chips, which are highly coveted by enterprises to train and run large AI models amid intense competition. CoreWeave posted second-quarter

CoreWeave beats quarterly revenue estimates on sturdy AI demand https://www.channelnewsasia.com/ - 12.08.2025 23:21
Tencent Music beats quarterly estimates on strong online streaming demand https://www.channelnewsasia.com/ - 12.08.2025 13:15

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CoreWeave beats quarterly revenue estimates on sturdy AI demand https://www.channelnewsasia.com/ - 12.08.2025 23:21
Tencent Music beats quarterly estimates on strong online streaming demand https://www.channelnewsasia.com/ - 12.08.2025 13:15