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Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria
CNBC Televisionยท2025-07-08 12:41

Joining us now is an analyst who covers the company, Gil Lauria, head of technology research at DA Davidson. Gil, great to see you. You think that this is yet another um way that Cororeweave is financially engineering their results.Can you explain. Yeah, Corweave is already buying all of Core Scientific's capacity. All they're doing here really is ensuring that Core Scientific doesn't turn around and give uh its capacity to somebody else.and they're really giving away 10% of the company to accomplish this. ...