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CoreWeave Surprises Wall Street | Raleigh News
CoreWeave stunned Wall Street with a blockbuster Q2 earnings report, smashing revenue expectations and narrowing losses—sparking a 43% stock surge in just two days. CEO Mike Intrator called it an “exceptional quarter,” as the company added 500 megawatts of capacity, now totaling 1.5 gigawatts, with a new 1.85 gigawatt target by year-end. Bank of America reaffirmed its “Buy” rating and $140 price target, citing rising margins and newfound pricing power, with projections of 25-30% operating margins as capacity scales. Listen in comfort:Get a discount on a Soli Pillow…
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