CoreWeave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening

🇺🇸 CNBC (US) —
CoreWeave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening

AI Summary

AI cloud computing company CoreWeave reported doubling its second-quarter revenue driven by surging AI demand from hyperscale customers, leading to an 18% surge in premarket trading. The financial performance reflects strong growth in the AI technology sector.

AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

Markets Deals AI & Tech CoreWeave AI cloud revenue premarket hyperscalers technology sector financial performance

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