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CoreWeave Stock Soars as Revenue Doubles on AI-Driven Demand
CoreWeave shares are up nearly 50% so far this year.Credit: Gabby Jones / Bloomberg / Getty ImagesKey TakeawaysShares of CoreWeave jumped Wednesday after the cloud computing company posted better-than-expected revenues. CoreWeave also gave a rosy outlook for the current quarter and raised its full-year revenue forecast. CoreWeave shares are surging after the cloud computing provider posted quarterly results that beat Wall Street’s estimates. CoreWeave (CRWV) shares were up 18% in recent trading, a day after the company said its revenue more than doubled to $2.58 billion in the second quarter…
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