Veytics Intelligence
2026-11-10 · CNBC

CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns

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CoreWeave reported better-than-expected quarterly revenue and lifted its 2026 guidance on Tuesday, showing that demand for artificial intelligence infrastructure remains strong despite concerns of a market slowdown. The stock rose slightly in extended trading. The earnings announcement lands at a particularly volatile moment for CoreWeave and its neocloud peers, as the market sours on the AI trade and as Nvidia CEO Jensen Huang , the central figure in the global buildout, faces a scandal tied to an affair with an alleged Chinese spy. Here's how the company performed relative to LSEG consensus: CoreWeave's revenue soared 168% from about $1.36 billion a year earlier, according to a statement. The company recorded a net loss of $709 million, or $1.

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