Veytics Intelligence
2026-11-11 · CNBC

CoreWeave CEO says 'new political reality' after midterms won't slow buildout

Despite CoreWeave's sharp sell-off in the aftermath of last week's sweeping electoral victory for Democrats, CEO Mike Intrator said the company isn't worried about the political changes on the horizon. "We do not anticipate any impact from the seismic regulatory shift that's occurred," Intrator said on his company's earnings call late Tuesday, in response to a question about new pressures after the election. "We believe that what has occurred is a statement around how you build. We want to build responsibly." Intrator's comments came after CoreWeave reported 168% year-over-year revenue growth, beating estimates, and lifted its forecast for 2026.

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