CoreWeave, a company renting AI computing power, reported Q2 2026 revenue of $2.58 billion, up 112% year-over-year, with a backlog of $104 billion including major contracts from Meta and others. Despite a high debt-to-equity ratio of 8.94 and rising interest expenses, the company shows strong operating leverage with adjusted EBITDA doubling and positive operating cash flow. The investor remains bullish due to continued customer demand exceeding supply and plans to expand power capacity to 8 GW by 2030, betting on long-term growth despite financial risks. CoreWeave offers a pure-play alternative to NVIDIA and hyperscalers, with lower total costs and strong contract visibility.
As of Oct 09, 2026 00:02 WIB, CoreWeave (CRWV) trades at USD 81.51 on Pluang, down 7.85% in the last day with a market cap of $48.78 billion. Despite the recent price drop, the stock sees strong buying interest with 86% of orders on Pluang being buys. In comparison, major AI-related peers like Nvidia (NVDA) and Meta (META) are also down by 2.10% and 0.78% respectively, showing some sector-wide pressure.
OpenAI revealed it achieved roughly $50 billion in annualized revenue by the end of September, which is lower than the $68 billion figure widely reported earlier. The higher figure included gross revenue from OpenAI's partners, making direct comparis...
Shares of CoreWeave, Nebius, and Oracle fell significantly due to concerns about their heavy borrowing to finance AI infrastructure expansion. CoreWeave led the decline with a 7% drop, followed by Nebius down 6% and Oracle down 5%, while broader clou...
Nebius stock surged 9% following an AI inference deal with undisclosed terms, highlighting investor confidence in future contracted demand despite its high 197x trailing earnings multiple. The company acquired Inferize, a startup that reduces GPU idl...
Cloudflare's stock surged 4%, outperforming peers Oracle and CoreWeave, as investors show strong preference for high-beta cloud computing stocks tied to AI infrastructure. Oracle saw a modest 0.7% gain, while CoreWeave fell 2%, highlighting selective...
