CoreWeave sinks more than 8% on quarterly results
CNBC Televisionยท2025-08-12 21:12
Well, we also heard from Cororeweave that the stock is moving lower right now in overtime following results just moments ago. The company posted a loss. We're not comparing that to estimates, but revenue was better than expected.The CEO saying it's scaling rapidly to meet quote unprecedented AI demand. So, let's bring in Nick Delo of Mafet Nathansson. Nick, it's great to have you on.I'm Cash Flow came in better than expected, too, because they didn't spend as much as they set out to on capex either. Why is ...