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CRWV Crashes on Lower Guidance, RGTI Narrows Loss, Paramount+ Pushes PSKY
Youtubeยท 2025-11-11 15:00
Company Performance - CoreWeave reported a revenue of $1.36 billion, exceeding expectations, but the company faced a loss of $0.22 per share, which was better than the anticipated loss of $0.39 [2][3] - The company narrowed its revenue guidance for 2025 to between $5.05 billion and $5.15 billion, below the consensus estimate of $5.29 billion [4][5] - Regetti's stock has increased over 2,000% year-over-year, but it reported a loss of $0.03 per share, better than the expected loss of $0.05, while revenue fell short at $1.95 million against expectations of over $2.3 million [6][7][8] Market Reactions - CoreWeave's shares fell by 9% in early trading due to concerns over guidance and data center construction delays [2][3] - Analysts are reducing price targets for CoreWeave following the quarterly results [5][6] - Regetti's stock dropped by 5% despite better-than-expected loss figures, attributed to revenue missing market expectations [7][8] Strategic Developments - Paramount Sky Dance, following its merger, reported revenue of over $6 billion but missed the expected $6.97 billion, while reporting a loss of $0.12, better than the anticipated loss of $0.34 [11][12] - The company is planning to cut an additional 1,600 jobs as part of its cost-saving measures [13][14] - Management remains optimistic about reaching cost savings targets by 2026, emphasizing growth through cost-cutting strategies [14][15]