CoreWeave reported a 112% revenue increase to $2.6 billion, driven by a $104 billion backlog and expanded active power capacity of 1.5 GW. The company raised GPU pricing by about 25% in July, and new contracts offer higher profit margins. Managed inference annual recurring revenue surpassed $100 million and is expected to exceed $250 million by year-end, signaling improved monetization beyond training. Despite $9.4 billion in quarterly capital expenditures, CoreWeave's adjusted operating income rose significantly from $21 million to $128 million, highlighting improving business economics and growth potential.
Bitcoin's Relative Strength Index (RSI) surged above 80, reaching levels not seen since November 2024, driven by a massive short squeeze that liquidated over $3 billion in short positions within 24 hours. This forced buying pushed Bitcoin's price fro...
Netflix is developing 'Kildare,' a prequel series set 20 years before Outer Banks, focusing on the social divide between Kooks and Pogues. This new show, created by the original Outer Banks team, aims to explore the origins of the island's class spli...
Eli Lilly has solidified its dominance in the global obesity drug market, maintaining a 60-61% market share in the US despite rising competition and pricing challenges. The company continues to grow through increasing prescriptions and expanding glob...
After nearly 10 months of sideways and downward movement, Bitcoin has reversed course, breaking above its 200-day moving average near $69,000. This shift from bearish to bullish sentiment is driven by traders and funds moving from short positions to ...
Bitcoin surged nearly 30% over five days to almost $80,000 before sharply pulling back to around $77,000 on August 22, 2026. This retracement triggered over $475 million in forced liquidations of long positions due to heavy leverage, wiping out many ...
