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MarketBeat
MarketBeat
Business
Thomas Hughes

CoreWeave Pulls Back Into a Screaming Buy

CoreWeave MarketBeat CRWV

CoreWeave’s (NASDAQ: CRWV) Q2 results left something to be desired with the adjusted net loss widening, but it is not a reason to sell. The losses are tied to the company’s ramping business, scaling to meet the wicked demand for cloud-native AI compute capacity, and it is money well spent.

The company’s revenue is growing at a hyper-triple-digit pace and will likely accelerate in the upcoming quarters. 

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