{"id":39729,"date":"2026-08-12T01:26:41","date_gmt":"2026-08-11T20:26:41","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=39729"},"modified":"2026-08-12T01:26:41","modified_gmt":"2026-08-11T20:26:41","slug":"coreweave-narrows-q2-losses-stock-climbs-8","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=39729","title":{"rendered":"CoreWeave narrows Q2 losses, stock climbs 8%"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->AI cloud provider CoreWeave (<a href=\"https:\/\/finance.yahoo.com\/quote\/CRWV\/\" data-ylk=\"slk:CRWV;elm:context_link;itc:0;sec:content-canvas;cpos:1;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;CRWV&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">CRWV<\/a>) reported its Q2 earnings after the bell on Tuesday narrowing its losses per share and meeting expectations on revenue for the quarter.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Shares rose more than 8% following the announcement.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->For the second quarter, CoreWeave saw losses per share of -$1.14 on revenue of $2.5 billion. Wall Street was expecting losses per share of -$1.41 on revenue of $2.5 billion, according to Bloomberg analyst consensus estimates.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->CoreWeave stock has plunged more than 30% since it last reported results in May, amid concerns about revenue growth and its spending plans.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The company&#8217;s adjusted operating income in the second quarter came in at $128 million, better than the consensus estimate of $66 million\u00a0<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->CoreWeave is pouring billions into building data centers to host AI chips that companies like Meta (<a href=\"https:\/\/finance.yahoo.com\/quote\/META\/\" data-ylk=\"slk:META;elm:context_link;itc:0;sec:content-canvas;cpos:2;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;META&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">META<\/a>) and Anthropic (<a href=\"https:\/\/finance.yahoo.com\/quote\/ANTH.PVT\/\" data-ylk=\"slk:ANTH.PVT;elm:context_link;itc:0;sec:content-canvas;cpos:3;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;ANTH.PVT&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">ANTH.PVT<\/a>) rent to power their own AI models and services.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The company&#8217;s revenue backlog hit $104 billion, in line with expectations. But the company said that the number doesn&#8217;t include Q3 commitments of $25 billion..<!-- HTML_TAG_END -->  <\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-j98iil loader\" style=\"--max-height: 640px;\">\n<div class=\"image-wrapper yf-j98iil\" style=\"--aspect-ratio: 960 \/ 640; --img-max-width: 960px;\"><a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/D2B88BBADDCDF5BC3D74990A7CE2E2FA4CA635F5871900DB203C8034DAB0D232\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2025-08%2F97be54c0-7262-11f0-abbb-a083f92fe27c\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Michael Intrator, Founder &amp; CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS\/Brendan McDermid\" height=\"640\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->CoreWeave founder and CEO Michael Intrator attends his company&#8217;s IPO at the Nasdaq Market in New York City on March 28, 2025. (Reuters\/Brendan McDermid)<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-750ceo\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>REUTERS \/ Reuters<\/span><\/figcaption><\/figure>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->CoreWeave is facing new competition in the form of SpaceX (<a href=\"https:\/\/finance.yahoo.com\/quote\/SPCX\/\" data-ylk=\"slk:SPCX;elm:context_link;itc:0;sec:content-canvas;cpos:4;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;SPCX&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">SPCX<\/a>), which has begun renting out computing capacity worth billions of dollars from its own data centers to Anthropic and Google (<a href=\"https:\/\/finance.yahoo.com\/quote\/GOOG\/\" data-ylk=\"slk:GOOG;elm:context_link;itc:0;sec:content-canvas;cpos:5;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;GOOG&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">GOOG<\/a>, <a href=\"https:\/\/finance.yahoo.com\/quote\/GOOGL\/\" data-ylk=\"slk:GOOGL;elm:context_link;itc:0;sec:content-canvas;cpos:6;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;GOOGL&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">GOOGL<\/a>).<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Meta is also considering entering the space, with CEO Mark Zuckerberg teasing the idea on prior investor calls and saying in an interview with Bloomberg that renting out capacity could make sense for the company.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Businesses around the world are eager to get their hands on as much compute as possible to power their various AI initiatives. And with chip and memory demand outstripping supply, organizations are willing to pay a premium to companies like Meta for access to a portion of its capacity.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->And for a company that&#8217;s looking to offset some of the billions it&#8217;s spending on its AI build-out, leasing capacity could make sense.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->That, however, could put pressure on CoreWeave down the line.<!-- HTML_TAG_END -->  <\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-j98iil loader\" style=\"--max-height: 350px;\">\n<div class=\"image-wrapper yf-j98iil\" style=\"--aspect-ratio: 700 \/ 350; --img-max-width: 700px;\"><a href=\"https:\/\/preferences.newsletters.yahoo.net\/subscribe\/financetech?ncid=366&amp;.tsrc=366&amp;ncid=crm_-1410821-20240925-1&amp;bt_user_id=mr7cq8GBSOV6K8R5o6dQWsd8mroARct8lRG9zZ1%2FPepe5dyO67kJeyFk91MnkY38hkZgGBUtLOlt6SaTIZisU5i9%2FrMdsGFSavy5ysJLsER9VP7WMAHQxh4MBFN6ZrNF&amp;bt_ts=1727295067360\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"A sign up link for Yahoo Finance's Week in Tech newsletter.\" height=\"350\" width=\"700\" class=\"yf-j98iil loader\"\/><\/a><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->Sign up for Yahoo Finance&#8217;s Week in Tech newsletter.<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-750ceo\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>Yahoo Finance<\/span><\/figcaption><\/figure>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START --><em>Email Daniel Howley at dhowley@yahoofinance.com. Follow him on X at <\/em><a href=\"https:\/\/twitter.com\/danielhowley\" data-ylk=\"slk:%40DanielHowley;elm:context_link;itc:0;sec:content-canvas;cpos:7;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;@DanielHowley&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"link\"><em>@DanielHowley<\/em><\/a><em>.<\/em><!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START --><a href=\"https:\/\/finance.yahoo.com\/tech\" data-ylk=\"slk:Click%20here%20for%20the%20latest%20technology%20news%20that%20will%20impact%20the%20stock%20market;elm:context_link;itc:0;sec:content-canvas;cpos:8;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Click here for the latest technology news that will impact the stock market&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\"><strong>Click here for the latest technology news that will impact the stock market<\/strong><\/a><strong>.<\/strong><!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START --><a href=\"https:\/\/finance.yahoo.com\/news\/\" data-ylk=\"slk:Read%20the%20latest%20financial%20and%20business%20news%20from%20Yahoo%20Finance;elm:context_link;itc:0;sec:content-canvas;cpos:9;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the latest financial and business news from Yahoo Finance&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\"><strong>Read the latest financial and business news from Yahoo Finance<\/strong><\/a>\u00a0<!-- HTML_TAG_END -->  <\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI cloud provider CoreWeave (CRWV) reported its Q2 earnings after the bell on Tuesday narrowing its losses per share and meeting expectations on revenue for the quarter. Shares rose more than 8% following the announcement. For the second quarter, CoreWeave saw losses per share of -$1.14 on revenue of $2.5 billion. Wall Street was expecting&#8230;<\/p>\n","protected":false},"author":1,"featured_media":39730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/lo\/mysterio\/api\/2D65CE603BBE803980CEF46D32FA78401C8F455DFCFDC08F52E292E532BBAF54\/subgraphmysterio\/resizefill_w1200_h800;quality_80;format_webp\/https:%2F%2Fd29szjachogqwa.cloudfront.net%2Fimages%2F2026-08%2F7b608d6e-6546-46a4-9614-54bb51ea009f","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-39729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-trending-viral-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/39729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39729"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/39729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/39730"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}