CoreWeave Q3'25 Earnings Presentation November 10, 2025 1 2 Q3'25 at a Glance STRONG REVENUE TRAJECTORY Q1' 25 QoQ Revenue $1.4 billion ADJUSTED EBITDA3 ADJUSTED OPERATING INCOME3 61% Margin $838 million $217 million 16% Margin up 134% YoY STRONG REVENUE TRAJECTORY REVENUE BACKLOG1 $55.6 billion up 271% YoY REVENUE STRONG REVENUE TRAJECTORY CAPITAL EXPENDITURES 2 $1.9 billion $(41) million (3)% Margin ADJUSTED NET INCOME (LOSS) 3 Forward-Looking Statements This presentation contains "forward-looking stateme ...

Core Viewpoint - The cloud-computing company exceeded revenue and earnings expectations due to CoreWeave securing several large cloud deals in the third quarter [1] Financial Performance - The company reported better-than-expected revenue and earnings for the third quarter [1]

Back to market on close. Core Weef will be in the spotlight this afternoon when the company reports earnings after the closing bell. Estimates are for a loss of 39 cents per share on revenue of $1.28% billion.Investors will be waiting for updates on large contracts announced with Meta and Nvidia and how they'll impact the bottom line. Shares are down more than 40% from June's all-time high right now. The stock finished more than 20% lower just last week.So that means it's time for Options Corner. of course ...

Core Insights - CoreWeave, backed by Nvidia, has revised its annual revenue forecast downwards due to a delay from a third-party data center partner, impacting its stock price which fell over 10% in early trading [1] - The new revenue forecast for 2025 is between $5.05 billion and $5.15 billion, lower than the previous estimate of $5.15 billion to $5.35 billion and below analysts' expectations of $5.29 billion [2] Financial Performance - CoreWeave's third-quarter revenue more than doubled to $1.36 billion, surpassing the estimate of $1.29 billion [3] - The adjusted operating income margin decreased to 16% in the third quarter from 21% a year earlier [5] Strategic Partnerships - CoreWeave has established itself as a significant infrastructure partner, securing multibillion-dollar contracts, including a $14 billion deal with Meta Platforms and a $6.5 billion contract with OpenAI [3] Future Outlook - The company anticipates capital spending to more than double in 2025, projecting expenditures between $12 billion and $14 billion [4] - CoreWeave is transitioning from a large-scale Ethereum miner to a cloud platform supporting AI applications, indicating a strategic shift in its business model [4] Market Challenges - The company faces potential margin pressures due to rising AI chip prices, increased competition for computing power, and high costs associated with expanding its cloud infrastructure [6]

AI cloud provider CoreWeave beat Wall Street estimates for third-quarter revenue on Monday, benefiting from surging demand for its computing infrastructure that powers artificial intelligence workload... ...

Core Insights - BitFuFu (FUFU) is expected to report third-quarter 2025 results on November 12, with revenues projected at $129.20 million, reflecting a year-over-year growth of 43.01% [1] - The consensus estimate for earnings is 3 cents per share, indicating a significant year-over-year increase of 200% [1] Group 1: Performance Drivers - FUFU's performance in the upcoming quarter is anticipated to benefit from increased mining capacity, which reached 38.6 exahashes per second, and hosting capacity of 752 megawatts, both record highs as of July 31, 2025 [1] - The rising price of Bitcoin, currently around $120,000, is expected to positively impact FUFU's performance, with predictions suggesting it could reach $200,000 by the end of 2025 [2] - Cloud mining is a key growth driver, with new customers contributing approximately 51% of cloud mining revenues in Q2 2025, and over 629,000 registered users as of July 31, 2025, indicating strong demand for FUFU's services [3] Group 2: Potential Challenges - Fluctuations in Bitcoin prices and intense competition in the cryptocurrency mining and cloud mining sectors may pose risks to FUFU's performance in the upcoming quarter [4] Group 3: Earnings Expectations - According to the Zacks model, FUFU has an Earnings ESP of 0.00% and a Zacks Rank 1 (Strong Buy), which typically indicates a favorable outlook for earnings performance [5]

Core Insights - Amazon.com Inc. may soon seek Wall Street's assistance for funding, marking its first major bond issuance since 2021 when it raised $18.5 billion for the MGM acquisition [1] - Despite having a strong balance sheet with approximately $84 billion in cash and marketable securities against $58 billion in debt, Amazon's liquidity may not suffice for the anticipated surge in AI and data center spending, projected to reach $150 billion by FY26 [2][3] - JPMorgan forecasts that Amazon's capital expenditures (capex) will nearly double from $78 billion in FY24 as it invests heavily in infrastructure to support AI demand, contributing to a broader industry capex nearing $450 billion [3] - The trend indicates a generational shift in funding strategies for Big Tech, with JPMorgan predicting $1.5 trillion in new investment-grade bonds over the next five years, highlighting a transition from self-funding to strategic leveraging [4] - A potential new bond deal for Amazon would not indicate weakness but rather reflect the substantial capital requirements driven by the AI boom, signaling a transformation in corporate finance practices [5]

Core Insights - Amazon.com Inc. may soon seek Wall Street's assistance for funding, marking its first major bond issuance since 2021 when it raised $18.5 billion for the MGM acquisition [1] - Despite having a strong balance sheet with approximately $84 billion in cash and marketable securities against $58 billion in debt, Amazon's liquidity may not suffice for the anticipated surge in AI and data center spending, projected to reach $150 billion by FY26 [2][3] - JPMorgan forecasts that Amazon's capital expenditures (capex) will nearly double from $78 billion in FY24 as AWS ramps up investments to meet the growing demand for AI, contributing to a sector-wide capex nearing $450 billion [3][4] Industry Trends - The tech industry is expected to see a collective issuance of $1.5 trillion in new investment-grade bonds over the next five years, indicating a significant shift in funding strategies within Silicon Valley [4] - Analysts note that while hyperscaler cash flow has traditionally supported growth capital, the increasing intensity of capex is beginning to compress free cash flow (FCF) conversion [4] - Amazon has not engaged in borrowing since 2022, contrasting with peers like Meta Platforms and Oracle, which have raised substantial funds this year [4][5] Implications for Investors - A potential new bond deal from Amazon would not indicate financial weakness but rather highlight the substantial capital requirements driven by the AI boom, suggesting a transformation in corporate finance practices [5]

Group 1 - Movano Inc. (MOVE) experienced a significant stock price increase of 176.62 percent, reaching $13.19 following the announcement of an all-stock merger with Corvex, an AI cloud computing firm [1] - Corvex focuses on GPU-accelerated infrastructure and will utilize its Amplified AI Cloud platform to enhance its capabilities in large-scale, secure AI computing as part of the merger [1] - The merger will enable Corvex to go public as a result of the deal [1] Group 2 - After closing at $4.77, MOVE's stock is currently trading at $14.98, with fluctuations between $10.76 and $21.23 on the Nasdaq [2] - The trading volume surged to 40.8 million, significantly higher than its average of 0.24 million [2] - The 52-week range of MOVE shares is between $4.67 and $69.68 [2]

Core Points - CoreWeave is set to report its third-quarter earnings, with expectations of significant stock movement post-announcement, potentially up to 14% in either direction [1][6] - The company has only reported earnings twice since going public, with both instances resulting in stock declines despite strong revenue growth [2][6] - Investors are focused on CoreWeave's revenue growth driven by AI demand, which may influence market sentiment towards AI stocks [3][4] Financial Performance - Analysts project a net loss of $284.4 million for the third quarter, an improvement from a loss of $359.8 million in the same quarter last year [7] - Revenue is expected to increase by 120% year-over-year, reaching $1.3 billion [7] - The company has secured significant contracts, including a $14 billion deal with Meta, a $6 billion deal with Nvidia, and a $6.5 billion expansion with OpenAI [4] Market Sentiment - Wall Street analysts are divided on CoreWeave's stock outlook, with half rating it a "buy" and the other half a "hold," indicating mixed sentiment [8] - The average target price for the stock is $158.83, suggesting a potential upside of approximately 53% from its recent closing price [8]