CoreWeave's Q2 2026 revenue surged 112% to $2.575 billion with a $104 billion backlog, driven by strong demand for NVIDIA GPUs, including older models contracted through 2029. CEO Mike Intrator highlighted that even 2020-era GPUs are booked at full price years ahead, reflecting robust market demand and CoreWeave's cloud infrastructure advantage. The company expects operating margins to improve to the low teens by Q4 despite heavy capital expenditures, signaling potential long-term sustainability. Investors will watch if CoreWeave can maintain pricing power on older GPUs as newer NVIDIA models enter the market.
Zcash surged 10% to over $1,616, leading major cryptocurrencies higher as Bitcoin held steady near $86,900. The positive momentum follows the US House Financial Services Committee's approval of a bill to create a Strategic Bitcoin Reserve and the SEC...
Anchorage Digital has chosen LayerZero as its preferred interoperability layer for stablecoins issued through its federally chartered bank, emphasizing the importance of regulated stablecoins for mass adoption by banks, payment firms, and corporate t...
Akash Network's token AKT surged 14.12% amid increased trading volume and investor interest driven by a broader rotation into AI and compute-focused tokens. Large market participants, or whales, boosted buying pressure, supporting the breakout from a...
A Vice President at WM sold 1,365 shares valued at $300,000. Insider sales like this can indicate the executive's personal financial decisions but do not necessarily reflect the company's outlook. Investors should watch for any further insider activi...
Discord is launching age verification for all users starting Wednesday, after delaying the plan due to privacy concerns over biometric scans and ID checks. The platform will use existing account data and machine learning to estimate age groups, avoid...
