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CoreWeave continues to moderate after earnings surge, down 12%

Published by Seeking Alpha · United States 23 min ago

Detailed summary

CoreWeave shares fall 9.8% after a report says it seeks at least $4 billion in a potential loan backed by equipment and customer contracts.

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AI cloud provider CoreWeave (CRWV) slid almost 12% on Friday, extending its recent volatility. The stock traded at $49.90, down $6.70 on the day.

CRWV surged 25% on Wednesday following the release of its quarterly report, which helped spur a general tech

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